Crescent Point Energy Corp. (CPG)

NYSE: CPG · IEX Real-Time Price · USD
8.19
+0.13 (1.61%)
At close: Mar 28, 2024, 4:00 PM
8.18
-0.01 (-0.10%)
After-hours: Mar 28, 2024, 4:55 PM EDT
1.61%
Market Cap 5.00B
Revenue (ttm) 2.53B
Net Income (ttm) 428.80M
Shares Out 619.95M
EPS (ttm) 0.77
PE Ratio 10.67
Forward PE 4.99
Dividend $0.34 (4.16%)
Ex-Dividend Date Mar 14, 2024
Volume 3,527,092
Open 8.14
Previous Close 8.06
Day's Range 8.06 - 8.21
52-Week Range 6.03 - 8.59
Beta 2.88
Analysts Strong Buy
Price Target 14.13 (+72.53%)
Earnings Date May 10, 2024

About 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]

Sector Energy
CEO Craig Bryksa
Employees 768
Stock Exchange NYSE
Ticker Symbol CPG
Full Company Profile

Financial Performance

In 2023, CPG's revenue was 3.37 billion, an increase of 8.69% compared to the previous year's 3.10 billion. Earnings were 570.30 million, a decrease of -61.55%.

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 72.53% from the latest price.

Price Target
$14.13
(72.53% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Crescent Point Plans Name Change to Veren

CALGARY, AB, March 20, 2024 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) announced today that it intends to change its name to Veren Inc. ("Ver...

8 days ago - PRNewsWire

Crescent Point Receives Approval for Normal Course Issuer Bid

CALGARY, AB , March 7, 2024 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) is pleased to announce the Toronto Stock Exchange ("TSX") has accepted...

21 days ago - PRNewsWire

Crescent Point Announces Filing of 2023 Annual Information Form and Form 40-F

CALGARY, AB , Feb. 29, 2024 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) and (NYSE: CPG) confirms the filing of its Annual Information Form ("AIF") for the...

4 weeks ago - PRNewsWire

Crescent Point Announces 2023 Results & Reserves

CALGARY, AB , Feb. 29, 2024 /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 yea...

4 weeks ago - PRNewsWire

Crescent Point Confirms Quarterly Dividend

CALGARY, AB , Feb. 29, 2024 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) and (NYSE: CPG) announces its Board of Directors has approved and declared a quart...

4 weeks ago - PRNewsWire

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 weeks 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...

6 weeks ago - PRNewsWire

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...

3 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 ...

4 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...

5 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...

5 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...

5 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...

5 months ago - PRNewsWire

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...

5 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...

7 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.

7 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...

7 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...

8 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 ...

8 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...

9 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...

9 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...

10 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...

11 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...

11 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...

11 months ago - PRNewsWire