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: 6.27B
  • Market Cap Group: Mid Cap
  • P/E: 6.94
  • Dividend Yield: 4.55%

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 132.93 12.47 2.05 NO 1 5 69
CNQ TSE:CNQ Canadian Natural Resources 103.63 12.93 4.34 YES 1 5 69
EOG NYSE:EOG EOG Resources, Inc. 68.86 9.14 3.07 NO 1 5 69
OXY NYSE:OXY Occidental Petroleum Corporation 53.47 15.48 1.45 NO 1 5 69
TOU TSE:TOU Tourmaline Oil 21.46 12.18 1.96 YES 1 5 69
OVV TSE:OVV Ovintiv 18.11 6.28 2.42 NO 1 5 69
ARX TSE:ARX Arc Resources 14.01 8.96 2.90 NO 1 5 69
MUR NYSE:MUR Murphy Oil Corporation 6.28 9.72 2.92 NO 1 5 69
CPG TSE:CPG Crescent Point Energy 6.27 6.94 4.55 NO 1 5 69
PSK TSE:PSK PrairieSky Royalty 5.82 25.57 4.11 NO 1 5 69
WCP TSE:WCP Whitecap Resources 5.73 6.56 7.62 NO 1 5 69
ERF TSE:ERF Enerplus Corporation 4.90 8.51 1.46 NO 1 5 69
PEY TSE:PEY Peyto Exploration & Development Corp. 2.88 8.25 8.89 NO 1 5 69
VET TSE:VET Vermillion Energy 2.40 2.79 2.69 NO 1 5 69
FRU TSE:FRU Freehold Royalties 2.11 16.02 7.73 NO 1 5 69
BNE TSE:BNE Bonterra Energy 0.22 4.81 0.00 NO 1 5 69

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 51 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.

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