Crescent Point Energy Corp. (CPG)

NYSE: CPG · IEX Real-Time Price · USD
7.14
+0.02 (0.28%)
At close: Feb 27, 2024, 4:00 PM
7.18
+0.04 (0.56%)
After-hours: Feb 27, 2024, 7:42 PM EST
0.28%
Market Cap 4.46B
Revenue (ttm) 2.55B
Net Income (ttm) -651.11M
Shares Out 626.55M
EPS (ttm) -1.17
PE Ratio n/a
Forward PE 5.09
Dividend $0.36 (5.04%)
Ex-Dividend Date Dec 14, 2023
Volume 6,346,128
Open 7.18
Previous Close 7.12
Day's Range 7.11 - 7.22
52-Week Range 5.59 - 8.59
Beta 2.87
Analysts Strong Buy
Price Target 14.13 (+97.9%)
Earnings Date Feb 29, 2024

About CPG

Crescent Point Energy Corp. explores, develops, and produces light and medium crude oil, natural gas liquids, and natural gas reserves in Western Canada and the United States. It's crude oil and natural gas properties, and related assets are located in the provinces of Saskatchewan, Alberta, British Columbia, and Manitoba; and the states of North Dakota and Montana. The company was incorporated in 1994 and is headquartered in Calgary, Canada. [Read more]

Industry Oil & Gas E&P
Sector Energy
CEO Craig Bryksa
Employees 768
Stock Exchange NYSE
Ticker Symbol CPG
Full Company Profile

Financial Performance

In 2022, CPG's revenue was 3.58 billion, an increase of 46.66% compared to the previous year's 2.44 billion. Earnings were 1.48 billion, a decrease of -37.25%.

Financial numbers in CAD Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for CPG stock is "Strong Buy." The 12-month stock price forecast is $14.13, which is an increase of 97.90% from the latest price.

Price Target
$14.13
(97.90% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Crescent Point Announces Q4 and Year-End 2023 Results Conference Call

CALGARY, AB , Feb. 22, 2024 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) plans to report its fourth quarter and year-end 2023 financial and ope...

5 days ago - PRNewsWire

Crescent Point to Host Investor Day

CALGARY, AB , Feb. 15, 2024 /PRNewswire/ -  Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) will host an Investor Day where members of the Company's executive te...

12 days ago - PRNewsWire

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5 weeks ago - MarketBeat

Crescent Point Completes Strategic Alberta Montney Consolidation and Provides Improved 2024 and Five-Year Outlook

CALGARY, AB , Dec. 21, 2023 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) is pleased to announce that it has successfully completed its previous...

2 months ago - PRNewsWire

Crescent Point Announces the Closing of CDN$500 Million Equity Offering

CALGARY, AB , Nov. 10, 2023 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) is pleased to announce that it has completed its previously announced ...

3 months ago - PRNewsWire

Crescent Point Announces CDN$500 Million Bought Deal Offering of Common Shares

CALGARY, Alberta, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX and NYSE: CPG) today announced that it has entered into an agreement (the “Agre...

4 months ago - GlobeNewsWire

Crescent Point Transforms Portfolio with Strategic Alberta Montney Consolidation

CALGARY, Alberta, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX and NYSE: CPG) is pleased to announce that it has entered into an arrangement a...

4 months ago - GlobeNewsWire

Crescent Point Announces Q3 2023 Results

CALGARY, AB , Nov. 2, 2023 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) is pleased to announce its operating and financial results for the quar...

4 months ago - PRNewsWire

Crescent Point Confirms Quarterly Dividend and Declares Third Quarter Special Dividend

CALGARY, AB , Nov. 2, 2023 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) announces its Board of Directors has declared a quarterly cash base div...

4 months ago - PRNewsWire

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4 months ago - MarketBeat

Crescent Point Announces Q3 2023 Conference Call

CALGARY, AB , Oct. 26, 2023 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) plans to report its third quarter 2023 financial and operating results...

4 months ago - PRNewsWire

Crescent Point Provides Preliminary 2024 Budget and Updated Five-Year Outlook

CALGARY, AB , Sept. 11, 2023 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) is pleased to provide its preliminary 2024 budget and an updated five...

6 months ago - PRNewsWire

Canada's Crescent Point Energy to sell North Dakota assets for $500 mln

Crescent Point Energy said on Thursday it will sell its North Dakota assets to a private operator for $500 million in cash, as the Canadian oil and gas producer looks to repay its debt.

6 months ago - Reuters

Crescent Point Announces Sale of its North Dakota Assets

CALGARY, AB , Aug. 24, 2023 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) is pleased to announce that it has entered into an agreement (the "Agr...

6 months ago - PRNewsWire

Crescent Point Announces Q2 2023 Results

CALGARY, AB , July 26, 2023 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) is pleased to announce its operating and financial results for the qua...

7 months ago - PRNewsWire

Crescent Point Confirms Quarterly Dividend and Declares Second Quarter Special Dividend

CALGARY, AB , July 26, 2023 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) announces its Board of Directors has declared a special cash dividend ...

7 months ago - PRNewsWire

Crescent Point Announces Q2 2023 Conference Call

CALGARY, AB , July 19, 2023 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) plans to report its second quarter 2023 financial and operating result...

7 months ago - PRNewsWire

Crescent Point Releases 2023 Sustainability Report

CALGARY, AB , June 28, 2023 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) (NYSE:CPG) is pleased to announce the release of its 2023 Sustainability Report (th...

8 months ago - PRNewsWire

Crescent Point Energy Provides Update on Alberta Wildfires

CALGARY, AB , May 29, 2023 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) is pleased to advise that over the past week it has brought back on str...

9 months ago - PRNewsWire

Crescent Point Announces 2023 Annual Meeting of Shareholders Results

CALGARY, AB , May 18, 2023   /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) held its Annual Meeting of Shareholders ("the meeting") on May 18, 20...

10 months ago - PRNewsWire

Crescent Point Energy Provides Further Update on Alberta Wildfires

CALGARY, AB , May 16, 2023 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX and NYSE: CPG) advises that it has shut-in its Kaybob Duvernay production due to the ongo...

10 months ago - PRNewsWire

Crescent Point Announces Q1 2023 Results

CALGARY, AB , May 12, 2023 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) is pleased to announce its operating and financial results for the quar...

10 months ago - PRNewsWire

Crescent Point Confirms Quarterly Dividend

CALGARY, AB , May 12, 2023  /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point") (TSX: CPG) (NYSE: CPG) announces its Board of Directors has declared a quarterly cash dividend of CDN $0.10 pe...

10 months ago - PRNewsWire

Crescent Point Closes Strategic Montney Acquisition and Provides Update on the Impact of the Alberta Wildfires

CALGARY, AB , May 10, 2023 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) is pleased to announce that it has successfully closed its previously a...

10 months ago - PRNewsWire

Alberta wildfires halt some energy companies' operations

A number of energy companies, including Cenovus Energy CVE and Obsidian Energy OBE, halted some operations due to Alberta wildfires.

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10 months ago - Market Watch