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: C$11.62 to C$11.81
• 50-Day Range: C$10.74 to C$11.72
• 52-Week Range: C$8.16 to C$12.67
• Volume: 2.62 million shs
• Average Volume: 3.30 million shs
• Market Capitalization: C$7.24 billion
• P/E Ratio: 23.92
• Dividend Yield: 3.92%
• Price Target: C$14.94
• Consensus Rating: Buy

Crescent Point Energy Stock Analysis - MarketRank™

Crescent Point Energy scored higher than 49% of companies evaluated by MarketBeat. 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 9 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: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Crescent Point Energy is 23.92, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.12.

Price to Earnings Ratio vs. Sector

The P/E ratio of Crescent Point Energy is 23.92, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 110.75.

Price to Earnings Growth Ratio

Due to a projected decrease in earnings for Crescent Point Energy, their PEG ratio cannot be calculated.

Price to Book Value per Share Ratio

Crescent Point Energy has a P/B Ratio of 1.14. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

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

Short Interest

There is no current short interest data available for CPG.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Crescent Point Energy is a leading dividend payer. It pays a dividend yield of 3.84%, 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 Coverage

The dividend payout ratio of Crescent Point Energy is 93.88%. Payout ratios above 75% are not desirable because they may not be sustainable.

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: 0.6 / 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.

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 0.50% of the stock of Crescent Point Energy is held by insiders.

Percentage Held by Institutions

47.50% 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 have CPG shares performed this year?

Crescent Point Energy's stock was trading at C$9.19 at the start of the year. Since then, CPG stock has increased by 27.5% and is now trading at C$11.72.
View the best growth stocks for 2024 here.

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.

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 Constellation Software (CSU), Intact Financial (IFC), Whitecap Resources (WCP), Cenovus Energy (CVE), Freehold Royalties (FRU), Baytex Energy (BTE) and Enbridge (ENB).

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Energy
• Industry: Oil & Gas E&P
• Sub-Industry: Personal Services
• Current Symbol: TSE:CPG
• CUSIP: N/A
• CIK: N/A
• Web: www.crescentpointenergy.com
• Phone: +1-403-6930020
• Fax: N/A
• Employees: 777
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$14.94
• High Stock Price Target: C$19.00
• Low Stock Price Target: C$13.00
• Potential Upside/Downside: +27.5%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 9 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$0.49
• Trailing P/E Ratio: 23.92
• Forward P/E Ratio: 9.91
• P/E Growth: -0.59
• Net Income: C$215.70 million
• Net Margins: -1.65%
• Pretax Margin: N/A
• Return on Equity: 3.31%
• Return on Assets: 2.86%

Debt

• Debt-to-Equity Ratio: 58.46
• Current Ratio: 1.03
• Quick Ratio: 0.49

Sales & Book Value

• Annual Sales: C$3.51 billion
• Price / Sales: 2.06
• Cash Flow: C$0.53 per share
• Price / Cash Flow: 22.00
• Book Value: C$10.30 per share
• Price / Book: 1.14

Miscellaneous

• Outstanding Shares: 617,970,000
• Free Float: N/A
• Market Cap: C$7.24 billion
• Optionable: Not Optionable
• Beta: 2.84