Crescent Point Energy (TSE:CPG) (NYSE:CPG) will be posting its quarterly earnings results before the market opens on Thursday, March 1st. Analysts expect Crescent Point Energy to post earnings of C$0.08 per share for the quarter.
Shares of Crescent Point Energy (CPG) opened at C$9.82 on Tuesday. The stock has a market capitalization of $5,360.00, a P/E ratio of -9.18 and a beta of 1.11. Crescent Point Energy has a one year low of C$8.08 and a one year high of C$15.32.
The business also recently disclosed a monthly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Thursday, March 15th will be paid a $0.03 dividend. This represents a $0.36 annualized dividend and a dividend yield of 3.67%. The ex-dividend date of this dividend is Tuesday, February 27th. Crescent Point Energy’s payout ratio is -33.64%.
Several equities research analysts have recently issued reports on the company. Barclays raised their price objective on Crescent Point Energy from C$13.00 to C$14.00 in a research note on Wednesday, January 17th. Royal Bank of Canada raised their price objective on Crescent Point Energy from C$12.00 to C$13.00 and gave the company a “sector perform” rating in a research note on Wednesday, January 10th. National Bank Financial raised their price objective on Crescent Point Energy from C$12.00 to C$16.00 and gave the company an “outperform” rating in a research note on Tuesday, January 9th. TD Securities raised their price objective on Crescent Point Energy from C$15.00 to C$15.50 and gave the company a “buy” rating in a research note on Wednesday, January 10th. Finally, CIBC raised their price objective on Crescent Point Energy from C$11.00 to C$12.50 in a research note on Tuesday, January 23rd.
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About Crescent Point Energy
Crescent Point Energy Corp. (Crescent Point) is a Canada-based oil and gas exploration, development and production company. The Company is an oil and gas producer with assets consisting of light and medium oil and natural gas reserves in Western Canada and the United States. Its crude oil and natural gas properties and related assets are located in the provinces of Saskatchewan, Alberta, British Columbia and Manitoba, and the states of North Dakota, Montana, Colorado and Utah.
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