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

Company Overview

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.

Key Stats

• Today's Range: N/A
• 50-Day Range: $7.77 to $9.24
• 52-Week Range: N/A
• Volume: 4.25 million shs
• Average Volume: 5.65 million shs
• Market Capitalization: $5.32 billion
• P/E Ratio: N/A
• Dividend Yield: 3.94%
• Price Target: $13.50
• Consensus Rating: Buy

Crescent Point Energy Stock Analysis - MarketRank™

Crescent Point Energy scored higher than 67% of companies evaluated by MarketBeat, and ranked 123rd out of 263 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Crescent Point Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Crescent Point Energy has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 25.96%

Earnings Growth

Earnings for Crescent Point Energy are expected to grow by 25.96% in the coming year, from $1.04 to $1.31 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Crescent Point Energy is -107.36, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Crescent Point Energy is -107.36, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for CPG.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Crescent Point Energy is a leading dividend payer. It pays a dividend yield of 3.94%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Crescent Point Energy does not have a long track record of dividend growth.

Dividend Sustainability

Based on earnings estimates, Crescent Point Energy will have a dividend payout ratio of 25.95% next year. This indicates that Crescent Point Energy will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for CPG.

News and Social Media

• Score: 1.1 / 5
• News Sentiment: N/A

Search Interest

2 people have searched for CPG on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

MarketBeat Follows

2 people have added Crescent Point Energy to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Crescent Point Energy insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.30% of the stock of Crescent Point Energy is held by insiders.

Percentage Held by Institutions

49.37% 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.

CPG Stock Analysis - Frequently Asked Questions

How were Crescent Point Energy's earnings last quarter?

Crescent Point Energy Corp. (NYSE:CPG) released its quarterly earnings results on Thursday, October, 28th. The oil and gas producer reported $0.24 EPS for the quarter, topping analysts' consensus estimates of $0.22 by $0.02. The oil and gas producer had revenue of $673.67 million for the quarter, compared to the consensus estimate of $683.40 million. Crescent Point Energy had a negative net margin of 1.95% and a positive trailing twelve-month return on equity of 12.92%.

What other stocks do shareholders of Crescent Point Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Crescent Point Energy investors own include Cenovus Energy (CVE), NVIDIA (NVDA), Baytex Energy (BTE), Energy Transfer (ET), ConocoPhillips (COP), Enterprise Products Partners (EPD) and Exxon Mobil (XOM).

Company Calendar

• Last Earnings: 10/28/2021
• Today: 11/25/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Crude petroleum & natural gas
• Sub-Industry: N/A
• Current Symbol: NYSE:CPG
• CUSIP: N/A
• CIK: 1545851
• Web: www.crescentpointenergy.com
• Phone: (403) 693-0020
• Fax: 403-693-0070
• Employees: 777
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $13.50
• High Stock Price Target: $14.00
• Low Stock Price Target: $13.00
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.08)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $422.48 million
• Net Margins: -1.95%
• Pretax Margin: 6.89%
• Return on Equity: 12.92%
• Return on Assets: 7.13%

Debt

• Debt-to-Equity Ratio: 0.50
• Current Ratio: 1.03
• Quick Ratio: 0.76

Sales & Book Value

• Annual Sales: $2.59 billion
• Price / Sales: 0.00
• Cash Flow: N/A
• Price / Cash Flow: 3.87
• Book Value: $7.63 per share
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 619,490,000
• Free Float: 617,631,000
• Market Cap: $5.32 billion
• Optionable: Optionable
• Beta: 2.17