TSE CPG

Crescent Point Energy (TSE:CPG)

Affiliate Disclosure

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: 6.28B
  • Market Cap Group: Mid Cap
  • P/E: 3.11
  • Dividend Yield: 2.83%

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 166.92 10.27 1.52 NO 1 5 69
CNQ TSE:CNQ Canadian Natural Resources 91.17 8.01 4.14 YES 1 5 69
EOG NYSE:EOG EOG Resources, Inc. 86.41 10.86 2.24 NO 1 5 69
OXY NYSE:OXY Occidental Petroleum Corporation 67.56 8.08 0.70 NO 1 5 69
TOU TSE:TOU Tourmaline Oil 27.03 4.97 1.25 NO 1 5 69
OVV TSE:OVV Ovintiv 19.02 4.08 1.74 NO 1 5 69
ARX TSE:ARX Arc Resources 12.33 5.68 3.19 NO 1 5 69
MUR NYSE:MUR Murphy Oil Corporation 7.89 10.35 1.97 NO 1 5 69
WCP TSE:WCP Whitecap Resources 7.00 4.55 3.84 NO 1 5 69
CPG TSE:CPG Crescent Point Energy 6.28 3.11 2.83 NO 1 5 69
ERF TSE:ERF Enerplus Corporation 5.76 5.99 1.17 NO 1 5 69
PSK TSE:PSK PrairieSky Royalty 5.14 17.36 4.46 NO 1 5 69
VET TSE:VET Vermillion Energy 4.62 3.77 1.13 NO 1 5 69
FRU TSE:FRU Freehold Royalties 2.58 12.97 6.30 NO 1 5 69
PEY TSE:PEY Peyto Exploration & Development Corp. 2.53 7.35 1.36 NO 1 5 69
CG TSE:CG Centerra Gold 1.55 4.92 3.98 NO 1 1 69
BNE TSE:BNE Bonterra Energy 0.30 3.92 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 5/10 and dividend growth score of 1/10. 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 41 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.


Use A Winning Investment Strategy

My portfolio is generating over 12% annual returns since 2009. It's not from the beginning of the year or from 2019, it's from 2009 !!! That's a consistent return which means using the rule of 72, I double my portfolio every 6 years.

My approach is simple but you need key data that I have cultivated with the Dividend Snapshot Screeners. No other investment services provide you with easy to understand data but also actionable data. No hidden magic.

In fact, I have tried all of the investment services for dividend investors like a crash test dummy of investment services. Just ask me, and you'll learn why there was nothing I could use out there and that's how the Dividend Snapshot Screeners were borned!

DISCLOSURE: Please note that I may have a position in one or many of the holdings listed. For a complete list of my holdings, please see my Dividend Portfolio.

DISCLAIMER: Please note that this blog post represents my opinion and not an advice/recommendation. I am not a financial adviser, I am not qualified to give financial advice. Before you buy any stocks/funds consult with a qualified financial planner. Make your investment decisions at your own risk – see my full disclaimer for more details.