Crescent Point Energy Stock Price, News & Analysis (TSE:CPG) C$9.55 -0.03 (-0.31%) (As of 11/30/2023 ET) Add Compare Share Share Today's RangeC$9.44▼C$9.9150-Day RangeC$9.39▼C$11.5852-Week RangeC$7.73▼C$11.70Volume5.31 million shsAverage Volume4.22 million shsMarket CapitalizationC$5.48 billionP/E Ratio18.37Dividend Yield4.19%Price TargetC$15.07 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Crescent Point Energy MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside57.8% UpsideC$15.07 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingAcquiring SharesC$397,686 Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details 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 3.5 Analyst's Opinion Consensus RatingCrescent Point Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 7 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$15.07, Crescent Point Energy has a forecasted upside of 57.8% from its current price of C$9.55.Amount of Analyst CoverageCrescent Point Energy has only been the subject of 4 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for CPG. Previous Next 1.7 Dividend Strength Dividend LeadershipCrescent Point Energy is a leading dividend payer. It pays a dividend yield of 4.25%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCrescent Point Energy does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Crescent Point Energy is 76.92%. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CPG. Previous Next 1.1 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 1 news article for Crescent Point Energy this week, compared to 1 article on an average week.Search Interest31 people have searched for CPG on MarketBeat in the last 30 days. This is an increase of 138% compared to the previous 30 days.MarketBeat Follows7 people have added Crescent Point Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 250% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Crescent Point Energy insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$397,686.00 in company stock and sold C$0.00 in company stock.Percentage Held by InsidersOnly 0.45% of the stock of Crescent Point Energy is held by insiders.Percentage Held by Institutions41.57% of the stock of Crescent Point Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Crescent Point Energy is 18.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.04.Price to Earnings Ratio vs. SectorThe P/E ratio of Crescent Point Energy is 18.37, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 114.88.Price to Earnings Growth RatioDue to a projected decrease in earnings for Crescent Point Energy, their PEG ratio cannot be calculated.Price to Book Value per Share RatioCrescent Point Energy has a P/B Ratio of 0.88. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here 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.Read More CPG Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CPG Stock News HeadlinesNovember 21, 2023 | markets.businessinsider.comAnalysts Offer Insights on NA Companies: Chord Energy (CHRD) and Crescent Point Energy (CPG)November 21, 2023 | americanbankingnews.comCrescent Point Energy Corp. to Post Q4 2023 Earnings of $0.54 Per Share, Atb Cap Markets Forecasts (TSE:CPG)November 30, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix 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.comNovember 17, 2023 | finance.yahoo.comAnalysts' Revenue Estimates For Crescent Point Energy Corp. (TSE:CPG) Are Surging HigherNovember 16, 2023 | markets.businessinsider.comAnalysts Offer Insights on NA Companies: Vital Energy (VTLE), Diamondback (FANG) and Crescent Point Energy (CPG)November 16, 2023 | msn.comCrescent Point bogged down as clean-up trade follows hung deal - BloombergNovember 10, 2023 | finance.yahoo.comHung Deal Leaves BMO, RBC-Led Group With Crescent Point SharesNovember 10, 2023 | finance.yahoo.comCrescent Point Announces the Closing of CDN$500 Million Equity OfferingNovember 30, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix 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.comNovember 8, 2023 | theglobeandmail.comCrescent Point Energy to buy Hammerhead Energy in $1.86-billion dealNovember 7, 2023 | seekingalpha.comCrescent Point: Running After That Untamed OrnithoidNovember 6, 2023 | finance.yahoo.comCrescent Point Transforms Portfolio with Strategic Alberta Montney ConsolidationNovember 6, 2023 | finance.yahoo.comCrescent Point Announces CDN$500 Million Bought Deal Offering of Common SharesNovember 6, 2023 | finance.yahoo.comCrescent Point to Buy Hammerhead to Expand in Canadian ShaleNovember 2, 2023 | theglobeandmail.comCrescent Point Energy reports $809.9M Q3 loss due to one-time chargesNovember 2, 2023 | finance.yahoo.comCrescent Point Confirms Quarterly Dividend and Declares Third Quarter Special DividendNovember 2, 2023 | finance.yahoo.comCrescent Point Announces Q3 2023 ResultsOctober 31, 2023 | finance.yahoo.comBest Income Stocks to Buy October 31stOctober 26, 2023 | finance.yahoo.comCrescent Point Announces Q3 2023 Conference CallSeptember 26, 2023 | finance.yahoo.com3 Stocks to Watch for Exposure to the Canadian E&P IndustrySeptember 11, 2023 | msn.comCrescent Point plans $1.05B to $1.15B in development capital expenditures for 2024September 11, 2023 | finance.yahoo.comCrescent Point Provides Preliminary 2024 Budget and Updated Five-Year OutlookSeptember 7, 2023 | finance.yahoo.comHidden Treasures: 3 Under-$10 Stocks Poised for Triple ReturnsAugust 17, 2023 | finance.yahoo.comCrescent Point Energy Corp.'s (TSE:CPG) Stock Is Going Strong: Have Financials A Role To Play?July 30, 2023 | msn.comNinepoint Ups Stake in Crescent Point Energy; Now It's Seventh Largest HoldingJuly 28, 2023 | finance.yahoo.comCrescent Point Energy Corp. (NYSE:CPG) Q2 2023 Earnings Call TranscriptJuly 17, 2023 | technews.tmcnet.comAres Management Corporation to Acquire Crescent Point CapitalSee More Headlines Receive CPG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Crescent Point Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 10/2 Dividend9/14/2023Dividend Payable10/02/2023Last Earnings11/02/2023Today11/30/2023Ex-Dividend for 1/2 Dividend12/14/2023Dividend Payable1/02/2024Next Earnings (Estimated)3/07/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Oil & Gas E&P Sub-IndustryN/A SectorEnergy Current SymbolTSE:CPG CUSIPN/A CIKN/A Webwww.crescentpointenergy.com Phone+1-403-6930020FaxN/AEmployees768Year FoundedN/APrice Target and Rating Average Stock Price TargetC$15.07 High Stock Price TargetC$19.00 Low Stock Price TargetC$13.00 Potential Upside/Downside+58.4%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)C$0.52 Trailing P/E Ratio18.29 Forward P/E Ratio6.00 P/E Growth-0.59Net IncomeC$255.70 million Net Margins-24.36% Pretax MarginN/A Return on Equity3.96% Return on Assets2.15% Debt Debt-to-Equity Ratio53.55 Current Ratio1.29 Quick Ratio0.49 Sales & Book Value Annual SalesC$3.61 billion Price / Sales1.51 Cash FlowC$0.43 per share Price / Cash Flow22.00 Book ValueC$10.85 per share Price / Book0.88Miscellaneous Outstanding Shares573,340,000Free FloatN/AMarket CapC$5.45 billion OptionableNot Optionable Beta2.79 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. Craig Bryksa (Age 46)President, CEO & Non-Independent Director Comp: $1.7MMr. Kenneth R. Lamont B.Com. (Age 64)BComm., C.A., Chief Financial Officer Comp: $1.12MMr. Ryan Chad Raymond Gritzfeldt BASc.P.Eng., Chief Operating OfficerMr. Mark G. EadeSenior VP, General Counsel & Corporate SecretaryMr. Garret HoltSenior Vice President of Strategy & SustainabilitySarfraz SomaniManager of Investor RelationsMr. Justin ForaieVice President of Operations & MarketingMr. Shant MadianVice President of Capital MarketsMs. Shelly WitwerSenior Vice President of Business DevelopmentMr. Michael R. PoliteskiSenior Vice President of Finance & TreasurerMore ExecutivesKey CompetitorsWhitecap ResourcesTSE:WCPPrairieSky RoyaltyTSE:PSKStrathcona ResourcesTSE:SCREnerplusTSE:ERFBaytex EnergyTSE:BTEView All CompetitorsInsidersWilliam Garret HoltBought 10,183 shares on 11/30/2023Total: C$99,997.06 ($9.82/share)William Garret HoltBought 10,626 shares on 11/16/2023Total: C$99,990.66 ($9.41/share)William Garret HoltBought 10,256 shares on 11/9/2023Total: C$100,098.56 ($9.76/share)Craig Stephen BryksaBought 10,000 shares on 11/9/2023Total: C$97,600.00 ($9.76/share)View All Insider Transactions 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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Crescent Point Energy Corp. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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