TSE:CPG

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

C$12.13
+0.03 (+0.25%)
(As of 04/24/2024 ET)
Today's Range
C$12.06
C$12.23
50-Day Range
C$8.58
C$12.15
52-Week Range
C$8.16
C$12.47
Volume
2.70 million shs
Average Volume
3.39 million shs
Market Capitalization
C$7.52 billion
P/E Ratio
8.31
Dividend Yield
3.79%
Price Target
C$14.55

Crescent Point Energy MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
20.0% Upside
C$14.55 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.82mentions of Crescent Point Energy in the last 14 days
Based on 25 Articles This Week
Insider Trading
Acquiring Shares
C$500,486 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.80 out of 5 stars

CPG stock logo

About Crescent Point Energy Stock (TSE:CPG)

Crescent Point Energy Corp. explores, develops, and produces oil and gas properties in Canada and the United States. The company focuses on crude oil, tight oil, natural gas liquids, shale gas, and natural gas reserves. Its properties are located in the provinces of Saskatchewan, Alberta, British Columbia, and Manitoba; and the states of North Dakota. Crescent Point Energy Corp. was incorporated in 1994 and is headquartered in Calgary, Canada.

CPG Stock Price History

CPG Stock News Headlines

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AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
2 'Strong Buy' Energy Stocks Under $10
top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)
AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
Crescent Point Energy (CPG) Receives a Buy from RBC Capital
Brian's Big Idea on Oil
Crescent Point Tower (Renderings)
Preview: Crescent Point Energy's Earnings
Crescent Point Energy Corp. (CPG)
See More Headlines
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Company Calendar

Last Earnings
2/29/2024
Ex-Dividend for 4/1 Dividend
3/14/2024
Dividend Payable
4/01/2024
Today
4/24/2024
Next Earnings (Estimated)
5/10/2024

Industry, Sector and Symbol

Sector
Energy
Industry
Oil & Gas E&P
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
777
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$14.55
High Stock Price Target
C$19.00
Low Stock Price Target
C$13.00
Potential Upside/Downside
+20.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
10 Analysts

Profitability

Net Income
C$799.40 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$3.19 billion
Cash Flow
C$0.55 per share
Book Value
C$11.08 per share

Miscellaneous

Free Float
N/A
Market Cap
C$7.52 billion
Optionable
Not Optionable
Beta
2.86
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Key Executives

  • Mr. Craig Bryksa (Age 47)
    President, CEO & Non-Independent Director
    Comp: $1.7M
  • Mr. Kenneth R. Lamont B.Com. (Age 65)
    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 VP of Strategy & Planning
  • Sarfraz Somani
    Manager of Investor Relations
  • 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?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Crescent Point Energy in the last twelve months. There are currently 10 buy ratings for the stock. The consensus among Wall Street equities research 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?

10 Wall Street analysts have issued 1 year price targets for Crescent Point Energy's stock. Their CPG share price targets range from C$13.00 to C$19.00. On average, they expect the company's stock price to reach C$14.55 in the next year. This suggests a possible upside of 20.0% 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 2024?

Crescent Point Energy's stock was trading at C$9.19 at the start of the year. Since then, CPG shares have increased by 32.0% and is now trading at C$12.13.
View the best growth stocks for 2024 here
.

When is Crescent Point Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, May 10th 2024.
View our CPG earnings forecast
.

How were Crescent Point Energy's earnings last quarter?

Crescent Point Energy Corp. (TSE:CPG) announced its quarterly earnings results on Thursday, February, 29th. The company reported $0.37 EPS for the quarter, missing the consensus estimate of $0.51 by $0.14. The business had revenue of $1.01 billion for the quarter, compared to analyst estimates of $1 billion. Crescent Point Energy had a net margin of 17.88% and a trailing twelve-month return on equity of 11.97%.

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, February 29th. Stockholders of record on Friday, March 15th will be given a dividend of 0.115 per share on Monday, April 1st. This represents a $0.46 annualized dividend and a dividend yield of 3.79%. The ex-dividend date is Thursday, March 14th. This is a boost from the stock's previous quarterly dividend of C$0.02.
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$0.46 per share and currently has a dividend yield of 3.85%. The dividend payout ratio is 31.51%. This payout ratio is at a healthy, sustainable level, below 75%.
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 4/25/2024 by MarketBeat.com Staff

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