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.
Crescent Point Energy Stock Details
- Ticker: tse:cpg
- Sector: Energy
- Industry: Oil & Gas E&P
- Market Cap: 5.47B
- Market Cap Group: Mid Cap
- P/E: 345.85
- Dividend Yield: 4.18%
- Grade: C
- Dividend Aristocrat: NO
- Chowder Score: Members Only
- Revenue Growth: Members Only
- Dividend Growth: Members Only
- Dividend Growth Fit: 3/10
- Dividend Income Fit: 7/10
CPG Industry 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.
| Ticker | Ticker | Company | Market Cap | P/E | Yield | Aristocrat | Graph | SectorID | IndustryID |
|---|---|---|---|---|---|---|---|---|---|
| COP | NYSE:COP | ConocoPhillips | 137.13 | 12.62 | 2.01 | NO | 1 | 5 | 69 |
| CNQ | TSE:CNQ | Canadian Natural Resources | 97.35 | 13.89 | 4.48 | YES | 1 | 5 | 69 |
| EOG | NYSE:EOG | EOG Resources, Inc. | 72.02 | 9.17 | 2.95 | NO | 1 | 5 | 69 |
| OXY | NYSE:OXY | Occidental Petroleum Corporation | 52.96 | 13.11 | 1.20 | NO | 1 | 5 | 69 |
| TOU | TSE:TOU | Tourmaline Oil | 23.45 | 22.86 | 1.56 | YES | 1 | 5 | 69 |
| OVV | TSE:OVV | Ovintiv | 16.77 | 4.48 | 2.66 | NO | 1 | 5 | 69 |
| ARX | TSE:ARX | Arc Resources | 12.92 | 7.25 | 3.18 | NO | 1 | 5 | 69 |
| MUR | NYSE:MUR | Murphy Oil Corporation | 6.65 | 9.07 | 2.56 | NO | 1 | 5 | 69 |
| PSK | TSE:PSK | PrairieSky Royalty | 5.86 | 25.78 | 3.91 | NO | 1 | 5 | 69 |
| WCP | TSE:WCP | Whitecap Resources | 5.81 | 6.44 | 7.60 | NO | 1 | 5 | 69 |
| CPG | TSE:CPG | Crescent Point Energy | 5.47 | 345.85 | 4.18 | NO | 1 | 5 | 69 |
| ERF | TSE:ERF | Enerplus Corporation | 4.47 | 5.38 | 1.51 | NO | 1 | 5 | 69 |
| VET | TSE:VET | Vermillion Energy | 2.88 | 3.07 | 2.28 | NO | 1 | 5 | 69 |
| PEY | TSE:PEY | Peyto Exploration & Development Corp. | 2.56 | 7.38 | 9.95 | NO | 1 | 5 | 69 |
| FRU | TSE:FRU | Freehold Royalties | 2.18 | 15.80 | 7.46 | NO | 1 | 5 | 69 |
| BNE | TSE:BNE | Bonterra Energy | 0.22 | 4.74 | 0.00 | NO | 1 | 5 | 69 |
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 7/10 and dividend growth score of 3/10. 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 46 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.
How can I buy stocks for Crescent Point Energy?
You can easily buy the CPG stock with an online trading platform.
Just make sure the stock fits your risk profile and investment goals.