Crescent Point Energy (TSE:CPG)

CPG - Crescent Point Energy Crescent Point Energy is a leading North American oil producer. The company engages in the business of acquiring, developing and holding interests in petroleum and natural gas properties.

Crude oil and NGLs account for 90% of total production while natural gas constitutes the remaining 10%. The company has significant asset base in the Viewfield Bakken, Shaunavon, Flat Lake, Uinta Basin, and East Shale Duvernay plays.

The Shaunavon basin offers low risk, high return drilling inventory with reserves upside, while Flat Lake and Uinta Basin are multi-zone resource plays. Crescent Point has a history of increasing its high-quality asset base organically as well as through acquisitions.

Crescent Point is focusing on increasing shareholder return by deploying a transition plan targeting cost reduction through organizational restructuring and controlling operating costs, capital allocation and improving financial flexibility. A focused asset base and strong balance sheet provide significant growth impetus to Crescent Point.

Stock Chart & Metrics

  • Ticker: tse:cpg
  • Sector: Energy
  • Industry: Oil & Gas E&P
  • Market Cap: 4.84B
  • Market Cap Group: Mid Cap
  • P/E: 2.24
  • Dividend Yield: 2.16%

Competitors

The competitive landscape is important as they compete for the same business. Below is the list of competitors in the same industry. While not displayed, a number of metrics you can also use to evaluate your picks are the Chowder Score, the Relative Strength Index (RSI), the Graham Number, and the Piotroski F-Score.

TickerKey Ticker Company Sector Industry Score Quote Market Cap P/E FPE EPS Yield Raw PayoutRatio Payments Dividend Chowder GrowthRating IncomeRating Tollbooth Ambassador Achiever Aristocrat King Country Graph SectorID IndustryID Grade MarketCapGroup
TSE:CNQ CNQ Canadian Natural Resources Energy Oil & Gas E&P 67.31 65.18 76.71 13.16 13.16 3.94 3.6100 36.9000 4 2.35 16.6700 6 7 Intermediate YES YES YES NO Canada 1 5 69 A Large Cap
TSE:TOU TOU Tourmaline Oil Energy Oil & Gas E&P 32.72 45.31 14.99 8.08 8.08 5.61 0.0000 27.0000 0 0.00 0.0000 2 2 Intermediate NO NO NO NO Canada 1 5 69 D Large Cap
TSE:OVV OVV Ovintiv Energy Oil & Gas E&P 20.83 51.88 13.55 0.00 0.00 5.50 1.3600 0.0000 4 0.56 1.3600 1 3 Intermediate NO NO NO NO Canada 1 5 69 D Large Cap
TSE:ARX ARX Arc Resources Energy Oil & Gas E&P 30.42 13.61 9.51 18.19 18.19 0.74 2.9400 58.1000 4 0.40 2.9400 1 3 Intermediate NO NO NO NO Canada 1 5 69 D Mid Cap
TSE:WCP WCP Whitecap Resources Energy Oil & Gas E&P 45.83 8.73 5.63 2.69 2.69 3.27 3.0900 5.4000 12 0.27 3.0900 3 4 Intermediate NO NO NO NO Canada 1 5 69 C Mid Cap
TSE:CPG CPG Crescent Point Energy Energy Oil & Gas E&P 30.47 8.32 4.84 2.24 2.24 0.40 2.1600 1.1000 4 0.18 2.1600 0 4 Intermediate NO NO NO NO Canada 1 5 69 D Mid Cap
TSE:ERF ERF Enerplus Corporation Energy Oil & Gas E&P 13.42 14.99 3.82 0.00 0.00 -0.66 1.0900 0.0000 4 0.16 1.0900 0 3 Intermediate NO NO NO NO Canada 1 5 69 D Mid Cap
TSE:PSK PSK PrairieSky Royalty Energy Oil & Gas E&P 26.38 14.68 3.51 34.92 34.92 0.41 2.4500 66.6000 4 0.36 2.4500 0 3 Intermediate NO NO NO NO Canada 1 5 69 D Mid Cap
TSE:VET VET Vermillion Energy Energy Oil & Gas E&P 25.77 19.88 3.22 4.36 4.36 4.63 0.0000 0.0000 0 0.00 1.3600 2 2 Intermediate NO NO NO NO Canada 1 5 69 D Mid Cap
TSE:CG CG Centerra Gold Basic Materials Oil & Gas E&P 40.04 10.28 3.05 0.00 0.00 1.25 2.7200 16.5000 4 0.28 5.1100 4 4 Intermediate NO NO NO NO Canada 1 1 69 C Mid Cap
TSE:FRU FRU Freehold Royalties Energy Oil & Gas E&P 26.77 12.78 1.92 41.02 41.02 0.32 5.6300 118.6000 12 0.72 5.6300 1 4 Intermediate NO NO NO NO Canada 1 5 69 D Small Cap
TSE:PEY PEY Peyto Exploration & Development Corp. Energy Oil & Gas E&P 31.68 10.59 1.77 12.06 12.06 0.88 1.8900 4.5000 4 0.20 1.8900 0 3 Intermediate NO NO NO NO Canada 1 5 69 D Small Cap
TSE:BNE BNE Bonterra Energy Energy Oil & Gas E&P 21.82 6.49 0.23 1.48 1.48 -0.14 0.0000 0.0000 0 0.00 0.0000 0 2 Intermediate NO NO NO NO Canada 1 5 69 D Micro Cap

Top Picks by Bay Street Experts

Expert stock analysts have shared their opinions, and sometimes prediction, on the company.

For more top picks from stock analysts on Bay Street, check the full list of top picks by expect stock analysts from investment and asset management firms.

Not all analysts are equal and they don't cover the same type of stocks. The analysts performance and ownership is tracked for comparison.

Crescent Point Energy - FAQ

What is the stock ticker for Crescent Point Energy?

The stock ticker for Crescent Point Energy is TSE:cpg.

Is Crescent Point Energy a good stock to buy?

You need to consider your investment strategy and how TSE:cpg can fit in your portfolio.

The current dividend income score of 4/10 and dividend growth score of 0/10. Those 2 metrics together should help you decide the fit for your portfolio. Be it for income or for growth.

Is Crescent Point Energy a Buy, Sell or Hold?

The Dividend Snapshot Opportunity Score of 30 out of 100.

The score reflects the strength of a buy signal but it does not show a sell signal if it's low. The higher the better.

A sell signal is more difficult as it often relies on the reason you bought the stock in the first place.


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