Crescent Historical Income Statement
| CPG Stock | USD 8.65 0.06 0.69% |
Historical analysis of Crescent Point income statement accounts such as Interest Expense of 76.7 M, Selling General Administrative of 101.6 M or Total Revenue of 2 B can show how well Crescent Point Energy performed in making a profits. Evaluating Crescent Point income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Crescent Point's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Crescent Point Energy latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Crescent Point Energy is a good buy for the upcoming year.
Crescent |
About Crescent Income Statement Analysis
Crescent Point Energy Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Crescent Point shareholders. The income statement also shows Crescent investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Crescent Point Income Statement Chart
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 Other Operating Expenses is most likely to increase significantly in the upcoming years. The Crescent Point's current Operating Income is estimated to increase to about 1.2 B, while Selling General Administrative is projected to decrease to roughly 101.6 M. Add Fundamental
Total Revenue
Total revenue comprises all receipts Crescent Point Energy generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most accounts from Crescent Point's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Crescent Point Energy current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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 american community survey. At this time, Crescent Point's Other Operating Expenses is most likely to increase significantly in the upcoming years. The Crescent Point's current Operating Income is estimated to increase to about 1.2 B, while Selling General Administrative is projected to decrease to roughly 101.6 M.
Crescent Point income statement Correlations
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Crescent Point Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Crescent Point income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 2.7B | 4.3B | 786.1M | 951.7M | 1.1B | 1.4B | |
| Interest Expense | 170.4M | 94.6M | 88.9M | 64.7M | 126M | 76.7M | |
| Selling General Administrative | 116.8M | 80M | 120.7M | 120.9M | 165.2M | 101.6M | |
| Total Revenue | 2.9B | 1.5B | 2.8B | 4.0B | 3.2B | 2.0B | |
| Gross Profit | 14.7M | (2.9B) | 1.9B | 2.8B | 2.2B | 2.3B | |
| Other Operating Expenses | 3.7B | 5.0B | 1.7B | 2.0B | 2.1B | 2.1B | |
| Operating Income | (820.8M) | (3.5B) | 1.2B | 2.0B | 1.1B | 1.2B | |
| Ebit | (820.8M) | (3.5B) | 1.2B | 2.0B | 1.1B | 1.2B | |
| Ebitda | 1.9B | 722.3M | 1.9B | 2.9B | 2.2B | 1.3B | |
| Total Operating Expenses | 876.8M | 657.4M | 739.2M | 835.9M | 1.1B | 648.7M | |
| Income Before Tax | (1.2B) | (3.1B) | 3.2B | 1.9B | 1.1B | 1.1B | |
| Net Income | (1.0B) | (2.5B) | 2.4B | 1.5B | 570.3M | 598.8M | |
| Income Tax Expense | (159M) | (627.6M) | 799.7M | 387.9M | 253.7M | 266.4M | |
| Net Income From Continuing Ops | (1.0B) | (2.5B) | 2.4B | 1.5B | 799.4M | 839.4M | |
| Cost Of Revenue | 2.9B | 4.4B | 936.4M | 1.2B | 963.3M | 1.6B | |
| Total Other Income Expense Net | (371.5M) | 400.7M | 2.0B | (101.3M) | 84.6M | 128.1M | |
| Net Income Applicable To Common Shares | (1.0B) | (2.5B) | 2.4B | 1.5B | 1.3B | 1.4B | |
| Tax Provision | (159M) | (627.6M) | 799.7M | 387.9M | 253.7M | 266.4M | |
| Interest Income | 253.2M | 172.3M | 84.3M | 565M | 649.8M | 682.2M | |
| Net Interest Income | (170.4M) | (94.6M) | (88.9M) | (64.7M) | (126M) | (132.3M) | |
| Reconciled Depreciation | 2.7B | 4.3B | 786.1M | 951.7M | 1.1B | 1.9B |
Crescent Point Investors Sentiment
The influence of Crescent Point's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Crescent. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Crescent Point's public news can be used to forecast risks associated with an investment in Crescent. The trend in average sentiment can be used to explain how an investor holding Crescent can time the market purely based on public headlines and social activities around Crescent Point Energy. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Crescent Point's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Crescent Point's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Crescent Point's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Crescent Point.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Crescent Point in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Crescent Point's short interest history, or implied volatility extrapolated from Crescent Point options trading.
Pair Trading with Crescent Point
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Crescent Point position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Crescent Point will appreciate offsetting losses from the drop in the long position's value.Moving together with Crescent Stock
| 0.95 | AR | Antero Resources Corp | PairCorr |
| 0.95 | PR | Permian Resources Financial Report 13th of May 2024 | PairCorr |
| 0.91 | SD | SandRidge Energy | PairCorr |
| 0.96 | SM | SM Energy | PairCorr |
Moving against Crescent Stock
| 0.72 | EP | Empire Petroleum Corp | PairCorr |
The ability to find closely correlated positions to Crescent Point could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Crescent Point when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Crescent Point - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Crescent Point Energy to buy it.
The correlation of Crescent Point is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Crescent Point moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Crescent Point Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Crescent Point can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 american community survey. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for Crescent Stock analysis
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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Is Crescent Point's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Crescent Point. If investors know Crescent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Crescent Point listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.33) | Dividend Share 0.4 | Earnings Share 1.06 | Revenue Per Share 5.846 | Quarterly Revenue Growth 0.078 |
The market value of Crescent Point Energy is measured differently than its book value, which is the value of Crescent that is recorded on the company's balance sheet. Investors also form their own opinion of Crescent Point's value that differs from its market value or its book value, called intrinsic value, which is Crescent Point's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Crescent Point's market value can be influenced by many factors that don't directly affect Crescent Point's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.