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Crescent Point Energy (TSE:CPG)
TSX:CPG
RESEARCH TOOLSreports
Crescent Point Energy (CPG) Stock Price & Analysis
762 Followers
CPG Stock Chart & Stats
Day’s RangeC$11.62 - C$11.81
52-Week Range― - ―
Previous CloseC$11.76
Volume2.62M
Average Volume (3M)N/A
Market Cap
$7.42B
Enterprise ValueN/A
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)N/A
BetaN/A
Next Earnings
Jul 25, 2024EPS Estimate
C$0.43Next Dividend Ex-Date
Jun 14, 2024Dividend Yield3.58%
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. VolumeN/A
30 Day Avg. VolumeN/A
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$14.82Price Target Upside26.44% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
Crescent Point Energy News
PremiumCompany Announcements
Crescent Point Unveils New Identity as Veren Inc.
PremiumCompany Announcements
Crescent Point Energy Becomes Veren Inc.PremiumCompany Announcements
Crescent Point Announces Quarterly Cash Dividend
PremiumCompany Announcements
Crescent Point Energy’s Q1 Financial Shifts
PremiumCompany Announcements
Crescent Point Reports Robust Q1 2024 Performance
PremiumCompany Announcements
Crescent Point Sets Quarterly Cash DividendBulls Say, Bears Say
Bulls Say
Growth PotentialThe recent acquisition by Crescent Point promises to boost production, with an estimated increase to 80,000 boe/d by 2026, highlighting the company's strong growth potential.
Operational EfficiencyCrescent Point's acquisition of assets next to its Montney position allows for significant operational synergies, optimizing well performance and utilizing shared infrastructure.
Shareholder ValueCrescent Point's commitment to shareholders is evident as it aims to return approximately 60% of its free cash flow through dividends and share buybacks, underlining its shareholder-friendly approach.
Bears Say
Commodity Price SensitivityA company's growing reliance on natural gas could lead to financial headwinds if natural gas prices continue to decline.
Earnings OutlookExpectations of a sustained dip in natural gas prices might negatively impact the company's profit margins and overall financial health.
Stock ValuationAnalyst's reassessment of the company's future earnings potential has prompted a reduction in the stock's target price.
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CPG FAQ
What was Crescent Point Energy’s price range in the past 12 months?
Currently, no data Available
What is Crescent Point Energy’s market cap?
Currently, no data Available
When is Crescent Point Energy’s upcoming earnings report date?
Crescent Point Energy’s upcoming earnings report date is Jul 25, 2024 which is in 68 days.
How were Crescent Point Energy’s earnings last quarter?
Crescent Point Energy released its earnings results on May 10, 2024. The company reported -C$0.66 earnings per share for the quarter, missing the consensus estimate of C$0.365 by -C$1.025.
Is Crescent Point Energy overvalued?
According to Wall Street analysts Crescent Point Energy’s price is currently Undervalued.
Does Crescent Point Energy pay dividends?
Crescent Point Energy pays a Notavailable dividend of C$0.12 which represents an annual dividend yield of 3.58%. See more information on Crescent Point Energy dividends here
What is Crescent Point Energy’s EPS estimate?
Crescent Point Energy’s EPS estimate is C$0.43.
How many shares outstanding does Crescent Point Energy have?
Currently, no data Available
What happened to Crescent Point Energy’s price movement after its last earnings report?
Crescent Point Energy reported an EPS of -C$0.66 in its last earnings report, missing expectations of C$0.365. Following the earnings report the stock price went down -0.831%.
Which hedge fund is a major shareholder of Crescent Point Energy?
Among the largest hedge funds holding Crescent Point Energy’s share is GMT Capital Corp. It holds Crescent Point Energy’s shares valued at 87M.
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Crescent Point Energy Stock Smart Score
Outperform
1
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5
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10
Analyst Consensus
Strong Buy
Average Price Target:
C$14.82 (26.44% Upside)
C$14.82 (26.44% Upside)
Blogger Sentiment
Bullish
TSE:CPG Sentiment 85%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Increased
By 157.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.6%
Last 30 Days ▼ 1.9%
Last 30 Days ▼ 1.9%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
37.79%
12-Months-Change
Fundamentals
Return on Equity
3.83%
Trailing 12-Months
Asset Growth
23.33%
Trailing 12-Months
Company Description
Crescent Point Energy
Crescent Point Energy Corp. engages in the exploration, development, and production of oil and gas properties. It focuses on the following locations: Viewfield Bakken, Shaunavon, Flat Lake, Duvernay, and Uinta Basin. The company was founded on April 20, 1994 and is headquartered in Calgary, Canada.
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CPG Company Deck
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CPG Earnings Call
Q1 2024
0:00 / 0:00
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CPG Stock 12 Month Forecast
Average Price Target
C$14.82
▲(26.44% Upside)
Technical Analysis
Best Analysts Covering CPG
1 Year
1 Year Success Rate
29/31 ratings generated profit
1 Year Average Return
+25.00%
reiterated a buy rating 8 days ago
Copying Michael Harvey's trades and holding each position for 1 Year would result in 93.55% of your transactions generating a profit, with an average return of +25.00% per trade.
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