Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Crescent Point Energy (CPG)
NYSE:CPG
Crescent Point Energy (CPG) Stock Price & Analysis
1,143 Followers
CPG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$5.96 - $9.07
Previous Close$8.51
Volume1.85M
Average Volume (3M)6.21M
Market Cap
$5.28B
Enterprise Value$8.06B
Total Cash (Recent Filing)C$17.30M
Total Debt (Recent Filing)C$3.84B
Price to Earnings (P/E)11.0
Beta0.83
Next Earnings
May 10, 2024EPS Estimate
$0.24Last Dividend Ex-Date
Mar 14, 2024Dividend Yield3.6%
Share Statistics
EPS (TTM)0.74
Shares Outstanding619,949,490
10 Day Avg. Volume6,556,918
30 Day Avg. Volume6,212,370
Standard Deviation0.21
R-Squared0.31
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)1.11
Price to Sales (P/S)8.02
Price to Cash Flow (P/CF)3.00
P/FCF Ratio5.20
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$10.07Price Target Upside18.54% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
Crescent Point Energy News
PremiumCompany Announcements
Crescent Point Plans Virtual Shareholder Meeting
PremiumCompany Announcements
Crescent Point Energy to Rebrand as Veren Inc.Bulls 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.
---
Ownership Overview
1.44% Insiders
9.37% Mutual Funds
6.58% Other Institutional Investors
82.60% Public Companies and Individual Investors
CPG FAQ
What was Crescent Point Energy’s price range in the past 12 months?
Crescent Point Energy lowest stock price was $5.96 and its highest was $9.07 in the past 12 months.
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 May 10, 2024 which is in 22 days.
How were Crescent Point Energy’s earnings last quarter?
Crescent Point Energy released its earnings results on Feb 29, 2024. The company reported $1.235 earnings per share for the quarter, beating the consensus estimate of $0.297 by $0.938.
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 $0.08 which represents an annual dividend yield of 3.6%. See more information on Crescent Point Energy dividends here
What is Crescent Point Energy’s EPS estimate?
Crescent Point Energy’s EPS estimate is $0.24.
How many shares outstanding does Crescent Point Energy have?
Crescent Point Energy has 619,949,460 shares outstanding.
What happened to Crescent Point Energy’s price movement after its last earnings report?
Crescent Point Energy reported an EPS of $1.235 in its last earnings report, beating expectations of $0.297. Following the earnings report the stock price went up 2.122%.
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 72M.
---
Crescent Point Energy Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$10.07 (18.54% Upside)
$10.07 (18.54% Upside)
Blogger Sentiment
Bullish
CPG Sentiment 85%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Increased
By 2.1M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $18.4K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.6%
Last 30 Days ▼ 4.6%
Last 30 Days ▼ 4.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
15.29%
12-Months-Change
Fundamentals
Return on Equity
12.80%
Trailing 12-Months
Asset Growth
38.39%
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.
---
CPG Company Deck
---
CPG Earnings Call
Q4 2024
0:00 / 0:00
---
CPG Stock 12 Months Forecast
Average Price Target
$10.07
▲(18.54% Upside)
Technical Analysis
Best Analysts Covering CPG
1 Year
1 Year Success Rate
27/30 ratings generated profit
1 Year Average Return
+24.26%
reiterated a buy rating 8 days ago
Copying Michael Harvey's trades and holding each position for 1 Year would result in 90.00% of your transactions generating a profit, with an average return of +24.26% per trade.
---