NYSE:CPG Crescent Point Energy (CPG) Stock Price, News & Analysis → Biden replacement revealed? (From Paradigm Press) (Ad) Free CPG Stock Alerts $8.51 -0.30 (-3.41%) (As of 05/1/2024 ET) Add Compare Share Share Today's Range$8.41▼$8.8250-Day Range$7.05▼$9.2452-Week Range$6.03▼$9.28Volume6.69 million shsAverage Volume5.80 million shsMarket Capitalization$5.27 billionP/E Ratio12.15Dividend Yield4.00%Price Target$13.75 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Crescent Point Energy alerts: Email Address Crescent Point Energy MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside61.7% Upside$13.75 Price TargetShort InterestHealthy2.48% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.14Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth9.40%From $1.17 to $1.28 Per ShareSee Full Details Hide Full Details 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.4.28 out of 5 starsOils/Energy Sector46th out of 228 stocksCrude Petroleum & Natural Gas Industry19th out of 72 stocks 3.5 Analyst's Opinion Consensus RatingCrescent Point Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageCrescent Point Energy has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.48% of the float of Crescent Point Energy has been sold short.Short Interest Ratio / Days to CoverCrescent Point Energy has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Crescent Point Energy has recently decreased by 4.77%, indicating that investor sentiment is improving. Previous Next 3.3 Dividend Strength Dividend LeadershipCrescent Point Energy is a leading dividend payer. It pays a dividend yield of 3.67%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCrescent Point Energy has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of Crescent Point Energy is 48.57%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Crescent Point Energy will have a dividend payout ratio of 26.56% next year. This indicates that Crescent Point Energy will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CPG. Previous Next 2.9 News and Social Media Coverage News SentimentCrescent Point Energy has a news sentiment score of 0.14. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.43 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Crescent Point Energy this week, compared to 3 articles on an average week.Search Interest54 people have searched for CPG on MarketBeat in the last 30 days. This is an increase of 32% compared to the previous 30 days.MarketBeat Follows9 people have added Crescent Point Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Crescent Point Energy insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.30% of the stock of Crescent Point Energy is held by insiders.Percentage Held by Institutions49.37% 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. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Crescent Point Energy are expected to grow by 9.40% in the coming year, from $1.17 to $1.28 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Crescent Point Energy is 12.15, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 146.11.Price to Earnings Ratio vs. SectorThe P/E ratio of Crescent Point Energy is 12.15, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 19.76.Price to Book Value per Share RatioCrescent Point Energy has a P/B Ratio of 1.04. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Banyan Hill PublishingThe Best AI Stock to Own in the World Today is Trading for Just $25“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.See how you can invest alongside him About Crescent Point Energy Stock (NYSE: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.Read More CPG Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CPG Stock News HeadlinesApril 28, 2024 | americanbankingnews.comCrescent Point Energy (NYSE:CPG) Sets New 1-Year High at $9.08April 25, 2024 | americanbankingnews.comQ2 2024 Earnings Estimate for Crescent Point Energy Corp. Issued By Atb Cap Markets (NYSE:CPG)May 2, 2024 | Banyan Hill Publishing (Ad)The Best AI Stock to Own in the World Today is Trading for Just $25“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.April 24, 2024 | americanbankingnews.comAtb Cap Markets Brokers Cut Earnings Estimates for Crescent Point Energy Corp. (NYSE:CPG)April 16, 2024 | markets.businessinsider.comAnalysts Offer Insights on Energy Companies: Marathon Oil (MRO) and Crescent Point Energy (CPG)April 2, 2024 | investorplace.com7 Under-$10 Dividend Stocks Put on Your Radar in AprilApril 2, 2024 | msn.com‘It’s the centerpiece of Uptown’: The Crescent to add residential componentMarch 26, 2024 | finance.yahoo.comCrescent Point Energy Insiders Added CA$1.01m Of Stock To Their HoldingsMay 2, 2024 | Chaikin Analytics (Ad)A.I. is a Tidal Wave - Here’s What to BuyThe internet generated more wealth than any other innovation in history - creating hundreds of thousands of new millionaires in America alone. Now A.I. could do the same. But if you're buying Microsoft or NVIDIA to profit - you're missing the big picture.March 26, 2024 | finance.yahoo.comIs Crescent Point Energy (CPG) Stock Undervalued Right Now?March 24, 2024 | msn.comVarcoe: Fine art of the name-change game as Crescent Point to become VerenMarch 21, 2024 | finanznachrichten.deCrescent Point Energy Corp.: Crescent Point Plans Name Change to VerenMarch 21, 2024 | markets.businessinsider.comStifel Nicolaus Reaffirms Their Buy Rating on Crescent Point Energy (CPG)March 21, 2024 | finance.yahoo.comCrescent Point Energy to Rebrand as Veren Inc.March 20, 2024 | financialpost.comCrescent Point is changing its name after CEO's overhaulMarch 20, 2024 | msn.comCrescent Point Energy Corp. plans to change company name to Veren Inc.March 20, 2024 | seekingalpha.comCPG:CA Crescent Point Energy Corp.March 17, 2024 | investorplace.comLow-Priced, High-Potential: 7 Cheap Stocks Under $10 to Try Your Luck WithMarch 16, 2024 | ca.finance.yahoo.comCPG Apr 2024 12.500 callMarch 9, 2024 | finance.yahoo.comIs It Smart To Buy Crescent Point Energy Corp. (TSE:CPG) Before It Goes Ex-Dividend?March 7, 2024 | prnewswire.comCrescent Point Receives Approval for Normal Course Issuer BidMarch 5, 2024 | investorplace.com7 Cheap Dividend Stocks to Grab for Under $20 This MarchMarch 5, 2024 | seekingalpha.comCrescent Point Energy Is Shifting From Transition To GrowthMarch 3, 2024 | finance.yahoo.comCrescent Point Energy (TSE:CPG) Is Increasing Its Dividend To CA$0.115March 2, 2024 | finance.yahoo.comCrescent Point Energy Full Year 2023 Earnings: Beats ExpectationsMarch 2, 2024 | seekingalpha.comCrescent Point Energy Corp (CPG) Q4 2023 Earnings Call TranscriptFebruary 29, 2024 | prnewswire.comCrescent Point Announces Filing of 2023 Annual Information Form and Form 40-FSee More Headlines Receive CPG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Crescent Point Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/29/2024Ex-Dividend for 4/1 Dividend3/14/2024Dividend Payable4/01/2024Today5/01/2024Next Earnings (Estimated)5/10/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Crude petroleum & natural gas Sub-IndustryN/A Current SymbolNYSE:CPG CUSIPN/A CIK1545851 Webwww.crescentpointenergy.com Phone(403) 693-0020Fax403-693-0070Employees777Year FoundedN/APrice Target and Rating Average Stock Price Target$13.75 High Stock Price Target$14.75 Low Stock Price Target$13.00 Potential Upside/Downside+61.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$0.70 Trailing P/E Ratio12.15 Forward P/E Ratio7.27 P/E GrowthN/ANet Income$422.48 million Net Margins15.40% Pretax Margin33.01% Return on Equity13.27% Return on Assets7.78% Debt Debt-to-Equity Ratio0.46 Current Ratio0.76 Quick Ratio0.76 Sales & Book Value Annual Sales$2.59 billion Price / Sales2.03 Cash Flow$2.05 per share Price / Cash Flow4.15 Book Value$8.20 per share Price / Book1.04Miscellaneous Outstanding Shares619,490,000Free Float617,631,000Market Cap$5.27 billion OptionableOptionable Beta2.23 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. Craig Bryksa (Age 47)President, CEO & Non-Independent Director Comp: $1.45MMr. Kenneth R. Lamont B.Com. (Age 65)BComm., C.A., Chief Financial Officer Comp: $914.79kMr. Ryan Chad Raymond Gritzfeldt BASc.P.Eng., Chief Operating OfficerMr. Mark G. EadeSenior VP, General Counsel & Corporate SecretaryMr. Garret HoltSenior VP of Strategy & PlanningSarfraz SomaniManager of Investor RelationsMs. Shelly WitwerSenior Vice President of Business DevelopmentMr. Michael R. PoliteskiSenior Vice President of Finance & TreasurerMore ExecutivesKey CompetitorsSM EnergyNYSE:SMMagnolia Oil & GasNYSE:MGYSasolNYSE:SSLViper EnergyNASDAQ:VNOMNorthern Oil and GasNYSE:NOGView All CompetitorsInstitutional OwnershipBNP Paribas Financial MarketsSold 469,791 shares on 5/1/2024Ownership: 0.111%Capstone Investment Advisors LLCSold 23,317 shares on 5/1/2024Ownership: 0.003%Intelligence Driven Advisers LLCBought 10,731 shares on 5/1/2024Ownership: 0.002%Principal Financial Group Inc.Sold 194,690 shares on 4/29/2024Ownership: 0.570%K.J. Harrison & Partners IncSold 8,000 shares on 4/27/2024Ownership: 0.002%View All Institutional Transactions CPG Stock Analysis - Frequently Asked Questions Should I buy or sell Crescent Point Energy stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Crescent Point Energy in the last year. There are currently 3 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? 3 equities research analysts have issued 12-month price targets for Crescent Point Energy's stock. Their CPG share price targets range from $13.00 to $14.75. On average, they expect the company's stock price to reach $13.75 in the next twelve months. This suggests a possible upside of 61.7% 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 $6.93 on January 1st, 2024. Since then, CPG shares have increased by 22.7% and is now trading at $8.5050. View the best growth stocks for 2024 here. Are investors shorting Crescent Point Energy? Crescent Point Energy saw a drop in short interest in March. As of March 31st, there was short interest totaling 14,900,000 shares, a drop of 29.0% from the March 15th total of 21,000,000 shares. Based on an average trading volume of 5,810,000 shares, the short-interest ratio is presently 2.6 days. Approximately 2.6% of the company's stock are sold short. View Crescent Point Energy's Short Interest. 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. (NYSE:CPG) released its earnings results on Thursday, February, 29th. The oil and gas producer reported $0.27 EPS for the quarter, missing analysts' consensus estimates of $0.38 by $0.11. The oil and gas producer had revenue of $743.70 million for the quarter, compared to the consensus estimate of $752.25 million. Crescent Point Energy had a trailing twelve-month return on equity of 13.27% and a net margin of 15.40%. How often does Crescent Point Energy pay dividends? What is the dividend yield for Crescent Point Energy? Crescent Point Energy announced a quarterly dividend on Thursday, February 29th. Investors of record on Friday, March 15th will be paid a dividend of $0.086 per share on Monday, April 1st. This represents a $0.34 dividend on an annualized basis and a yield of 4.04%. The ex-dividend date is Thursday, March 14th. This is a positive change from the stock's previous quarterly dividend of $0.07. Read our dividend analysis for CPG. Is Crescent Point Energy a good dividend stock? Crescent Point Energy (NYSE:CPG) pays an annual dividend of $0.34 per share and currently has a dividend yield of 3.67%. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 48.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CPG will have a dividend payout ratio of 26.56% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CPG. What ETFs hold Crescent Point Energy's stock? ETFs with the largest weight of Crescent Point Energy (NYSE:CPG) stock in their portfolio include First Trust Natural Gas ETF (FCG), Amplify Natural Resources Dividend Income ETF (NDIV), Virtus Real Asset Income ETF (VRAI), Dimensional International Small Cap Value ETF (DISV), Avantis International Small Cap Value ETF (AVDV), iShares International Small Cap Equity Factor ETF (ISCF), Schwab International Small-Cap Equity ETF (SCHC) and Dimensional International Small Cap ETF (DFIS). What is Craig Bryksa's approval rating as Crescent Point Energy's CEO? 10 employees have rated Crescent Point Energy Chief Executive Officer Craig Bryksa on Glassdoor.com. Craig Bryksa has an approval rating of 67% among the company's employees. 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 Baytex Energy (BTE), Lundin Mining (LUN), AltaGas (ALA), Energy Transfer (ET), Cenovus Energy (CVE), Enbridge (ENB), Bank of America (BAC), Coty (COTY) and AMC Entertainment (AMC). Who are Crescent Point Energy's major shareholders? Crescent Point Energy's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Principal Financial Group Inc. (0.57%), BNP Paribas Financial Markets (0.11%), Penbrook Management LLC (0.08%), DGS Capital Management LLC (0.01%), Capstone Investment Advisors LLC (0.00%) and K.J. Harrison & Partners Inc (0.00%). How do I buy shares of Crescent Point Energy? Shares of CPG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:CPG) was last updated on 5/2/2024 by MarketBeat.com Staff From Our PartnersHave You Seen Elon’s New A.I. Device? (Picture Inside)InvestorPlace😱 This phenomenon is smashing regular market gainsMillPubA.I. is a Tidal Wave - Here’s What to BuyChaikin AnalyticsDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill PublishingPOTUS in ‘25 Not Biden/Trump, ButThe Freeport SocietyAI “wealth window” is closing June 25thParadigm Press4 coins to be the “Next Bitcoin”True Market Insiders Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Crescent Point Energy Corp. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
