Crescent Point Energy Stock Today

CPG Stock  CAD 10.95  0.14  1.30%   

Performance

15 of 100

 
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Good

Odds Of Distress

Less than 3

 
100  
 
Zero
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Crescent Point is selling at 10.95 as of the 28th of March 2024; that is 1.30 percent up since the beginning of the trading day. The stock's open price was 10.81. Crescent Point has a very small chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Crescent Point Energy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of September 2023 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Energy
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. The company was incorporated in 1994 and is headquartered in Calgary, Canada. The company has 619.95 M outstanding shares of which 7.66 M shares are currently shorted by private and institutional investors with about 1.97 days to cover all short positions. More on Crescent Point Energy

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Crescent Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Crescent Point's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Crescent Point or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Crescent Point's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Crescent Point's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
President CEO, DirectorScott Saxberg
Business ConcentrationOil & Gas Exploration & Production, Oil & Gas E&P, Energy, Energy, Oil, Gas & Consumable Fuels, Oil & Gas E&P, Energy (View all Sectors)
Crescent Point's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Crescent Point's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Crescent Point's financial leverage. It provides some insight into what part of Crescent Point's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Crescent Point's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Crescent Point deploys its capital and how much of that capital is borrowed.
Liquidity
Crescent Point cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has accumulated 380 M in total debt with debt to equity ratio (D/E) of 0.25, which may suggest the company is not taking enough advantage from borrowing. Crescent Point Energy has a current ratio of 0.58, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Crescent Point until it has trouble settling it off, either with new capital or with free cash flow. So, Crescent Point's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Crescent Point Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Crescent to invest in growth at high rates of return. When we think about Crescent Point's use of debt, we should always consider it together with cash and equity.

Total Cash From Operating Activities

1.22 Billion
Crescent Point Energy (CPG) is traded on Toronto Exchange in Canada and employs 777 people. Crescent Point is listed under Oil & Gas Exploration & Production category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 6.7 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Crescent Point's market, we take the total number of its shares issued and multiply it by Crescent Point's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Crescent Point Energy operates under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 619.95 M outstanding shares of which 7.66 M shares are currently shorted by private and institutional investors with about 1.97 days to cover all short positions. Crescent Point Energy has accumulated about 15.9 M in cash with 2.2 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03.
Check Crescent Point Probability Of Bankruptcy
Ownership Allocation
Crescent Point Energy retains a total of 619.95 Million outstanding shares. 30% of Crescent Point Energy outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Crescent Ownership Details

Crescent Stock Price Odds Analysis

Contingent on a normal probability distribution, the odds of Crescent Point jumping above the current price in 90 days from now is about 1.89%. The Crescent Point Energy probability density function shows the probability of Crescent Point stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Crescent Point has a beta of 0.9006 suggesting Crescent Point Energy market returns are highly reactive to returns on the market. As the market goes up or down, Crescent Point is expected to follow. Additionally, crescent Point Energy has an alpha of 0.1565, implying that it can generate a 0.16 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 10.95HorizonTargetOdds Above 10.95
98.08%90 days
 10.95 
1.89%
Based on a normal probability distribution, the odds of Crescent Point to move above the current price in 90 days from now is about 1.89 (This Crescent Point Energy probability density function shows the probability of Crescent Stock to fall within a particular range of prices over 90 days) .

Crescent Point Historical Income Statement

Crescent Point Energy Income Statement is one of the three primary financial statements used for reporting Crescent's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Crescent Point Energy revenue and expense. Crescent Point Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Crescent Point's Net Income is very stable compared to the past year. As of the 28th of March 2024, Income Tax Expense is likely to grow to about 366.6 M, while Interest Expense is likely to drop about 76.7 M. View More Fundamentals

Crescent Stock Against Markets

Picking the right benchmark for Crescent Point stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Crescent Point stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Crescent Point is critical whether you are bullish or bearish towards Crescent Point Energy at a given time. Please also check how Crescent Point's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Crescent Point without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Crescent Point Corporate Directors

Crescent Point corporate directors refer to members of a Crescent Point board of directors. The board of directors generally takes responsibility for the Crescent Point's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Crescent Point's board members must vote for the resolution. The Crescent Point board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Gerald RomanzinIndependent DirectorProfile
John DielwartIndependent DirectorProfile
Francois LangloisIndependent DirectorProfile
Ted GoldthorpeIndependent DirectorProfile

How to buy Crescent Stock?

Before investing in Crescent Point, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Crescent Point. To buy Crescent Point stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Crescent Point. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Crescent Point stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Crescent Point Energy stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Crescent Point Energy stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Crescent Point Energy, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Crescent Stock please use our How to Invest in Crescent Point guide.

Already Invested in Crescent Point Energy?

The danger of trading Crescent Point Energy is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Crescent Point is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Crescent Point. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Crescent Point Energy is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crescent Point Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
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.