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BABA   74.86 (+0.25%)
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XOM   102.80 (+0.45%)

Crescent Point Energy Stock Price, News & Analysis (TSE:CPG)

C$9.55
-0.03 (-0.31%)
(As of 11/30/2023 ET)
Compare
Today's Range
C$9.44
C$9.91
50-Day Range
C$9.39
C$11.58
52-Week Range
C$7.73
C$11.70
Volume
5.31 million shs
Average Volume
4.22 million shs
Market Capitalization
C$5.48 billion
P/E Ratio
18.37
Dividend Yield
4.19%
Price Target
C$15.07

Crescent Point Energy MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
57.8% Upside
C$15.07 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
C$397,686 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.44 out of 5 stars


CPG stock logo

About Crescent Point Energy Stock (TSE:CPG)

Crescent Point Energy Corp. explores, develops, and produces light and medium crude oil, natural gas liquids, and natural gas reserves in Western Canada and the United States. It's crude oil and natural gas properties, and related assets are located in the provinces of Saskatchewan, Alberta, British Columbia, and Manitoba; and the states of North Dakota and Montana. The company was incorporated in 1994 and is headquartered in Calgary, Canada.

CPG Stock Price History

CPG Stock News Headlines

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[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity
Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
Crescent Point: Running After That Untamed Ornithoid
Crescent Point Announces Q3 2023 Results
Best Income Stocks to Buy October 31st
Crescent Point Announces Q3 2023 Conference Call
3 Stocks to Watch for Exposure to the Canadian E&P Industry
See More Headlines
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Company Calendar

Ex-Dividend for 10/2 Dividend
9/14/2023
Dividend Payable
10/02/2023
Last Earnings
11/02/2023
Today
11/30/2023
Ex-Dividend for 1/2 Dividend
12/14/2023
Dividend Payable
1/02/2024
Next Earnings (Estimated)
3/07/2024

Industry, Sector and Symbol

Industry
Oil & Gas E&P
Sub-Industry
N/A
Sector
Energy
CIK
N/A
Fax
N/A
Employees
768
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$15.07
High Stock Price Target
C$19.00
Low Stock Price Target
C$13.00
Potential Upside/Downside
+58.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
7 Analysts

Profitability

Net Income
C$255.70 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$3.61 billion
Cash Flow
C$0.43 per share
Book Value
C$10.85 per share

Miscellaneous

Free Float
N/A
Market Cap
C$5.45 billion
Optionable
Not Optionable
Beta
2.79
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Key Executives

  • Mr. Craig Bryksa (Age 46)
    President, CEO & Non-Independent Director
    Comp: $1.7M
  • Mr. Kenneth R. Lamont B.Com. (Age 64)
    BComm., C.A., Chief Financial Officer
    Comp: $1.12M
  • Mr. Ryan Chad Raymond Gritzfeldt BASc.
    P.Eng., Chief Operating Officer
  • Mr. Mark G. Eade
    Senior VP, General Counsel & Corporate Secretary
  • Mr. Garret Holt
    Senior Vice President of Strategy & Sustainability
  • Sarfraz Somani
    Manager of Investor Relations
  • Mr. Justin Foraie
    Vice President of Operations & Marketing
  • Mr. Shant Madian
    Vice President of Capital Markets
  • Ms. Shelly Witwer
    Senior Vice President of Business Development
  • Mr. Michael R. Politeski
    Senior Vice President of Finance & Treasurer














CPG Stock Analysis - Frequently Asked Questions

Should I buy or sell Crescent Point Energy stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Crescent Point Energy in the last year. There are currently 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CPG shares.
View CPG analyst ratings
or view top-rated stocks.

What is Crescent Point Energy's stock price target for 2024?

7 brokerages have issued twelve-month price targets for Crescent Point Energy's shares. Their CPG share price targets range from C$13.00 to C$19.00. On average, they predict the company's share price to reach C$15.07 in the next year. This suggests a possible upside of 57.8% from the stock's current price.
View analysts price targets for CPG
or view top-rated stocks among Wall Street analysts.

How have CPG shares performed in 2023?

Crescent Point Energy's stock was trading at C$9.66 on January 1st, 2023. Since then, CPG stock has decreased by 1.1% and is now trading at C$9.55.
View the best growth stocks for 2023 here
.

When is Crescent Point Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 7th 2024.
View our CPG earnings forecast
.

How were Crescent Point Energy's earnings last quarter?

Crescent Point Energy Corp. (TSE:CPG) issued its earnings results on Thursday, November, 2nd. The company reported $0.42 earnings per share for the quarter, missing analysts' consensus estimates of $0.51 by $0.09. The business earned $1.25 billion during the quarter, compared to analysts' expectations of $1.20 billion. Crescent Point Energy had a negative net margin of 24.36% and a positive trailing twelve-month return on equity of 3.96%.

How often does Crescent Point Energy pay dividends? What is the dividend yield for Crescent Point Energy?

Crescent Point Energy declared a quarterly dividend on Thursday, November 2nd. Stockholders of record on Friday, December 15th will be given a dividend of 0.02 per share on Tuesday, January 2nd. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.84%. The ex-dividend date of this dividend is Thursday, December 14th.
Read our dividend analysis for CPG
.

Is Crescent Point Energy a good dividend stock?

Crescent Point Energy (TSE:CPG) pays an annual dividend of C$0.40 per share and currently has a dividend yield of 4.25%. CPG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 76.92%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for CPG.

What other stocks do shareholders of Crescent Point Energy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Crescent Point Energy investors own include Intact Financial (IFC), Constellation Software (CSU), Freehold Royalties (FRU), Granite Oil (GXO), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), Vermilion Energy (VET), Baytex Energy (BTE), Crius Energy Unt (KWH.UN) and Bank of Nova Scotia (BNS).

How do I buy shares of Crescent Point Energy?

Shares of CPG stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:CPG) was last updated on 11/30/2023 by MarketBeat.com Staff

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