Crescent Competitors

CPG Stock

CAD 12.38 0.07 0.57%

Crescent Point Energy competes with Baytex Energy, Whitecap Resources, Cenovus Energy, ARC Resources, and MEG Energy; as well as few others. The company operates under Oil, Gas & Consumable Fuels sector and is part of Energy industry. Analyzing Crescent Point competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Crescent Point to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Crescent Point Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Crescent Point competition on your existing holdings.

As of the 29th of April 2024, Return On Tangible Assets is likely to grow to 0.05. Also, Return On Capital Employed is likely to grow to 0.10. At this time, Crescent Point's Intangibles To Total Assets are very stable compared to the past year. As of the 29th of April 2024, Return On Assets is likely to grow to 0.05, while Total Assets are likely to drop about 8.7 B.

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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Crescent Point's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.

Hype

Prediction

Low	Estimated	High
10.91	12.38	13.85

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Intrinsic

Valuation

Low	Real	High
11.91	13.38	14.85

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Naive

Forecast

Low	Next	High
10.68	12.15	13.62

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Earnings

Estimates (0)

Low	Projected EPS	High
0.28	0.35	0.46

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Please note, it is not enough to conduct a financial or market analysis of a single entity such as Crescent Point. Your research has to be compared to or analyzed against Crescent Point's peers to derive any actionable benefits. When done correctly, Crescent Point's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Crescent Point Energy.

Crescent Point Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Crescent Point and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Crescent and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Crescent Point Energy does not affect the price movement of the other competitor.

	BTE	WCP	CVE	ARX	MEG
BTE		0.9	0.94	0.9	0.86	BTE
WCP	0.9		0.96	0.96	0.98	WCP
CVE	0.94	0.96		0.96	0.95	CVE
ARX	0.9	0.96	0.96		0.95	ARX
MEG	0.86	0.98	0.95	0.95		MEG
	BTE	WCP	CVE	ARX	MEG

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Risk-Adjusted Indicators

There is a big difference between Crescent Stock performing well and Crescent Point Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Crescent Point's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
BTE	1.77	0.34	0.12	0.57	2.15	(1.93)	3.79	(3.11)	13.84
WCP	1.12	0.32	0.23	0.95	0.81	(1.37)	2.70	(1.80)	6.22
CVE	0.99	0.48	0.40	0.93	0.52	(1.23)	2.31	(1.30)	10.16
ARX	1.22	0.27	0.20	0.79	0.87	(1.64)	2.83	(1.84)	6.90
MEG	1.31	0.38	0.19	1.12	1.47	(1.48)	3.42	(2.22)	9.45

Cross Equities Net Income Analysis

Compare Crescent Point Energy and related stocks such as Baytex Energy Corp, Whitecap Resources, and Cenovus Energy Net Income Over Time

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	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
BTE	800 K	217.4 M	258.6 M	164.8 M	(132.8 M)	(1.1 B)	(485.2 M)	87.2 M	(325.3 M)	(12.5 M)	(2.4 B)	1.6 B	855.6 M	(233.4 M)	(221.7 M)
WCP	(19.4 K)	25.5 M	52.5 M	40.4 M	453.1 M	(500.7 M)	170.7 M	(124 M)	65.1 M	(155.9 M)	(1.8 B)	1.8 B	1.7 B	889 M	933.5 M
CVE	2.9 B	1.5 B	993 M	662 M	744 M	618 M	(545 M)	3.4 B	(2.7 B)	2.2 B	(2.4 B)	587 M	6.5 B	4.1 B	4.3 B
ARX	7.1 M	287 M	139.2 M	240.7 M	380.8 M	(342.7 M)	201.3 M	388.9 M	213.8 M	(27.6 M)	(547.2 M)	786.6 M	2.3 B	1.6 B	1.7 B
MEG	65.3 M	63.8 M	52.6 M	(166.4 M)	(105.5 M)	(1.2 B)	(428.7 M)	166 M	(119.2 M)	(62 M)	(357 M)	283 M	902 M	569 M	597.5 M

Crescent Point Energy and related stocks such as Baytex Energy Corp, Whitecap Resources, and Cenovus Energy Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in Crescent Point Energy financial statement analysis. It represents the amount of money remaining after all of Crescent Point Energy operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Crescent Point Competitive Analysis

The better you understand Crescent Point competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Crescent Point's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Crescent Point's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

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	CPG	BTE	WCP	CVE	ARX	MEG
	0.57 12.38 Crescent	0.56 5.36 Baytex	0.92 10.77 Whitecap	0.79 29.32 Cenovus	0.35 25.73 ARC	0.19 32.22 MEG
Market Volatility (90 Days Market Risk)	Very steady	Somewhat reliable	Not too volatile	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Strong	Good	Solid	Strong	Solid	Solid
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Under Valued	Under Valued	Under Valued	Under Valued	Under Valued	Under Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Buy	Strong Buy	Strong Buy	Strong Buy	Strong Buy	Strong Buy
Current Ratio	0.59 X	0.62 X	1.05 X	1.73 X	0.46 X	1.41 X
Net Asset	12.78 B	7.46 B	9.6 B	53.91 B	12.38 B	6.9 B
Profit Margin	0.18 %	(0.09) %	0.22 %	0.08 %	0.28 %	0.10 %
EBITDA	2.14 B	1.7 B	1.91 B	9.91 B	3.39 B	1.48 B
Operating Margin	0.47 %	(0.76) %	0.14 %	0.08 %	0.45 %	0.13 %
Current Valuation	11.37 B	6.79 B	7.83 B	63.13 B	17.56 B	9.98 B
Price To Book	1.09 X	1.12 X	1.16 X	1.91 X	2.06 X	1.89 X
Retained Earnings	(10.2 B)	(3.59 B)	655.1 M	8.91 B	1.14 B	(531 M)
Current Asset	847.3 M	204.91 M	149.34 M	6.47 B	N/A	611.33 M
Five Year Return	2.56 %	10.05 %	5.94 %	1.61 %	5.30 %	N/A
Beta	2.86	2.78	2.78	2.78	1.33	3.13
Number Of Employees	777	N/A	542	6.92 K	N/A	449
Shares Outstanding	619.95 M	821.95 M	598 M	1.87 B	597.69 M	272.6 M
Cash Flow From Operations	2.2 B	1.3 B	1.82 B	7.41 B	2.57 B	1.35 B
Annual Yield	0.04 %	0.02 %	0.06 %	0.02 %	0.03 %	N/A
Total Debt	380 M	937.17 M	1.87 B	179 M	1.79 B	1.82 B
Return On Equity	0.12	-0.0681	0.13	0.15	0.23	0.13
Return On Asset	0.0684	-0.0214	0.0651	0.0616	0.11	0.0794
Number Of Shares Shorted	11.69 M	14.45 M	7.85 M	11.9 M	6.63 M	4.83 M
Book Value Per Share	11.08 X	4.66 X	9.09 X	15.05 X	12.45 X	16.48 X
Current Liabilities	836.1 M	267.84 M	165.92 M	1.86 B	N/A	248.3 M
Total Asset	12.78 B	7.46 B	9.6 B	53.91 B	12.38 B	6.9 B
Debt To Equity	0.25 %	0.47 %	0.19 %	0.54 %	0.31 %	0.87 %
Short Ratio	2.56 X	2.97 X	2.92 X	3.43 X	3.10 X	2.99 X
Target Price	14.29	6.32	13.3	33.04	28.81	35.0
Last Dividend Paid	0.4	0.045	0.61	0.53	0.66	N/A
Shares Owned By Institutions	47.28 %	37.05 %	24.00 %	55.36 %	38.85 %	43.81 %
Market Capitalization	7.67 B	4.41 B	6.44 B	54.73 B	15.38 B	8.78 B
Price To Earning	3.61 X	158.37 X	16.51 X	10.52 X	5.61 X	26.68 X
Price To Earnings To Growth	(1.03) X	(0.36) X	(1.01) X	0.28 X	2.65 X	(0.12) X
Price To Sales	2.35 X	1.57 X	1.97 X	1.03 X	2.70 X	1.52 X
Net Income	570.3 M	(233.36 M)	889 M	4.11 B	1.6 B	569 M
Earnings Per Share	1.46 X	(0.33) X	1.13 X	2.12 X	2.61 X	1.98 X
Shares Owned By Insiders	0.49 %	0.78 %	0.81 %	31.50 %	0.37 %	0.32 %
Revenue	3.19 B	3.38 B	3.85 B	55.47 B	6.36 B	6.11 B
Working Capital	(323.5 M)	(118 M)	(56.1 M)	3.5 B	(88.2 M)	278 M
Cash And Equivalents	15.9 M	45.16 M	197.95 M	3.69 B	57.1 M	N/A
Cash Per Share	0.03 X	0.08 X	0.32 X	1.91 X	0.12 X	0.16 X
Gross Profit	3.04 B	1.67 B	3.04 B	16 B	4.57 B	3.13 B
Day Typical Price	12.33	5.34	10.77	29.24	25.75	32.24
Accumulation Distribution	0.0145	0.0223	0.0211	0.0173	0.0143	0.0157
Market Facilitation Index	0.18	0.12	0.23	0.51	0.37	0.51
Daily Balance Of Power	0.3889	0.25	(0.43)	0.451	(0.24)	(0.12)
Period Momentum Indicator	0.07	0.03	(0.10)	0.23	(0.09)	(0.06)
Rate Of Daily Change	1.01	1.01	0.99	1.01	1.0	1.0
Day Median Price	12.31	5.33	10.78	29.21	25.77	32.25
Price Action Indicator	0.11	0.045	(0.06)	0.23	(0.08)	(0.07)
Coefficient Of Variation	269.02	577.75	398.81	264.7	490.61	419.6
Mean Deviation	1.15	1.77	1.12	0.9855	1.22	1.31
Jensen Alpha	0.4866	0.34	0.3194	0.4789	0.2651	0.3836
Total Risk Alpha	0.3486	0.0978	0.167	0.3442	0.1049	0.1875
Sortino Ratio	0.3792	0.1185	0.2303	0.3996	0.1969	0.1853
Downside Variance	1.44	7.08	1.37	1.24	1.2	3.24
Standard Deviation	1.47	2.34	1.43	1.41	1.5	1.77
Kurtosis	0.6094	1.64	0.4352	5.93	0.1026	1.4
Potential Upside	2.66	3.79	2.7	2.31	2.83	3.42
Treynor Ratio	0.8812	0.5736	0.9452	0.9308	0.7862	1.12
Maximum Drawdown	8.0	13.84	6.22	10.16	6.9	9.45
Variance	2.15	5.46	2.04	1.99	2.24	3.15
Market Risk Adjusted Performance	0.8912	0.5836	0.9552	0.9408	0.7962	1.13
Risk Adjusted Performance	0.2377	0.1153	0.1621	0.2413	0.133	0.1552
Skewness	0.3682	(0.59)	0.5093	1.21	0.615	(0.28)
Semi Deviation	0.6378	2.15	0.8118	0.5207	0.8688	1.47
Information Ratio	0.3108	0.1349	0.1884	0.3146	0.1442	0.188
Value At Risk	(1.92)	(3.11)	(1.80)	(1.30)	(1.84)	(2.22)
Expected Short fall	(1.38)	(1.93)	(1.37)	(1.23)	(1.64)	(1.48)
Downside Deviation	1.2	2.66	1.17	1.11	1.09	1.8
Semi Variance	0.4068	4.62	0.6591	0.2711	0.7547	2.17

Crescent Point Competition Performance Charts

Five steps to successful analysis of Crescent Point Competition

Crescent Point's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Crescent Point Energy in relation to its competition. Crescent Point's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Crescent Point in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Crescent Point's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Crescent Point Energy, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

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In addition to having Crescent Point in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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When determining whether Crescent Point Energy is a strong investment it is important to analyze Crescent Point's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Crescent Point's future performance. For an informed investment choice regarding Crescent Stock, refer to the following important reports:

How To Invest In Crescent

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Is Crescent Stock a good investment?

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What is Crescent Point's Net Worth?

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Largest Oil & Gas Exploration & Production Companies

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Check out Crescent Point Correlation with its peers.

Note that the Crescent Point Energy information on this page should be used as a complementary analysis to other Crescent Point's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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When running Crescent Point's price analysis, check to measure Crescent Point's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Crescent Point is operating at the current time. Most of Crescent Point's value examination focuses on studying past and present price action to predict the probability of Crescent Point's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crescent Point's price. Additionally, you may evaluate how the addition of Crescent Point to your portfolios can decrease your overall portfolio volatility.

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Please note, there is a significant difference between Crescent Point's value and its price as these two are different measures arrived at by different means. Investors typically determine if Crescent Point is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Crescent Point's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Price To Sales Ratio	Dividend Yield
Ptb Ratio	Days Sales Outstanding
Book Value Per Share	Free Cash Flow Yield
Invested Capital	Operating Cash Flow Per Share
Average Payables	Stock Based Compensation To Revenue
Capex To Depreciation	Pb Ratio
Ev To Sales	Free Cash Flow Per Share
Roic	Inventory Turnover
Net Income Per Share	Days Of Inventory On Hand
Payables Turnover	Sales General And Administrative To Revenue
Average Inventory	Research And Ddevelopement To Revenue
Capex To Revenue	Cash Per Share
Pocfratio	Interest Coverage
Payout Ratio	Capex To Operating Cash Flow
Pfcf Ratio	Days Payables Outstanding
Net Current Asset Value	Income Quality
Roe	Tangible Asset Value
Ev To Operating Cash Flow	Pe Ratio
Return On Tangible Assets	Ev To Free Cash Flow
Earnings Yield	Intangibles To Total Assets
Net Debt To E B I T D A	Current Ratio
Tangible Book Value Per Share	Receivables Turnover
Graham Number	Shareholders Equity Per Share
Debt To Equity	Capex Per Share
Graham Net Net	Average Receivables
Revenue Per Share	Interest Debt Per Share
Debt To Assets	Enterprise Value Over E B I T D A
Short Term Coverage Ratios	Price Earnings Ratio
Operating Cycle	Price Book Value Ratio
Price Earnings To Growth Ratio	Days Of Payables Outstanding
Dividend Payout Ratio	Price To Operating Cash Flows Ratio
Price To Free Cash Flows Ratio	Pretax Profit Margin
Ebt Per Ebit	Operating Profit Margin
Effective Tax Rate	Company Equity Multiplier
Long Term Debt To Capitalization	Total Debt To Capitalization
Return On Capital Employed	Debt Equity Ratio
Ebit Per Revenue	Quick Ratio
Dividend Paid And Capex Coverage Ratio	Net Income Per E B T
Cash Ratio	Cash Conversion Cycle
Operating Cash Flow Sales Ratio	Days Of Inventory Outstanding
Days Of Sales Outstanding	Free Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage Ratios	Price To Book Ratio
Fixed Asset Turnover	Capital Expenditure Coverage Ratio
Price Cash Flow Ratio	Enterprise Value Multiple
Debt Ratio	Cash Flow To Debt Ratio
Price Sales Ratio	Return On Assets
Asset Turnover	Net Profit Margin
Gross Profit Margin	Price Fair Value
Return On Equity

Crescent Competitors

Specify up to 10 symbols:

Crescent Point Competition Correlation Matrix

Risk-Adjusted Indicators

Cross Equities Net Income Analysis

Crescent Point Energy and related stocks such as Baytex Energy Corp, Whitecap Resources, and Cenovus Energy Net Income description

Crescent Point Competitive Analysis

Crescent Point Competition Performance Charts

Five steps to successful analysis of Crescent Point Competition

Complement your Crescent Point position

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