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CPG

Crescent Point Energy Corp.

Energy

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Price alert · CPG

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8.59 0.00 0.00%
As of May 14, 2024
8.52 Day range 8.66

52-week range unavailable

Open
8.57
Prev close
8.59
Mkt cap
5.31B
Vol
4.25M
Avg vol
0
EPS
0.00
P/E
0.00
Div yield
3.81%
More statistics
Low
8.52
High
8.66
Forward P/E
6.93
Beta
2.83
Short ratio
1.99
Inst. own
0.00%
Dividend
0.34
Ex-div date
Jun 13, 2024
Earnings
May 10, 2024
50-d avg
8.57
200-d avg
7.65
1y target
10.10

3M chart

Chart tools
Interval
CPG three-month price chart7.377.858.328.809.28Mar 11Mar 28Apr 16May 3May 21Jun 10

Key statistics

Market cap
5.31B
Enterprise value
9.16B
Trailing P/E
23.86
Forward P/E
6.93
PEG ratio
1.94
Price / sales
1.51
Price / book
0.83
EPS (TTM)
0.36
Beta
2.83
Dividend yield
3.81%
Payout ratio
84.69%
Profit margin
-1.65%
Revenue (TTM)
3.51B
Revenue growth
45.50%
Free cash flow
162.29M
Total cash
21.80M
Total debt
3.73B
Return on equity
3.31%
Shares outstanding
617.97M
Short % of float
0.00%
50-day average
8.57
200-day average
7.65

Analyst view

Consensus: buy

Buy
Price target (mean) 10.10 +17.6% upside
Target (low)
9.15
Target (mean)
10.10
Target (high)
11.04
Ratings (0m) 1 0 buy · 1 hold · 0 sell
  • Strong buy0
  • Buy0
  • Hold1
  • Sell0
  • Strong sell0

Next earnings

May 10, 2024

Expected May 10, 2024. Consensus EPS estimate 0.29.

Earnings history

Financials — quick view

All financials
CPG Revenue — quarterly 1.06B
2020-03-312020-06-302020-09-302020-12-312021-03-312021-06-302021-09-302021-12-312022-03-312022-06-302022-09-302022-12-312023-03-312023-06-302023-09-302023-12-31
CPG Net income — quarterly 951.20M
2020-03-312020-06-302020-09-302020-12-312021-03-312021-06-302021-09-302021-12-312022-03-312022-06-302022-09-302022-12-312023-03-312023-06-302023-09-302023-12-31
CPG EPS — quarterly 1.75
2020-03-312020-06-302020-09-302020-12-312021-03-312021-06-302021-09-302021-12-312022-03-312022-06-302022-09-302022-12-312023-03-312023-06-302023-09-302023-12-31

Earnings

CPG recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
May 10, 2024Mar 1, 20240.22———
Feb 29, 2024Dec 1, 20230.38———
Nov 2, 2023Sep 1, 20230.37———
Jul 26, 2023Jun 1, 20230.30———
May 12, 2023Mar 1, 20230.27———
Mar 2, 2023Dec 1, 20220.29———

Upgrades / downgrades

CPG analyst upgrades and downgrades
DateFirmActionFromTo
Sep 11, 2023TD SecuritiesdownAction List BuyBuy
Aug 27, 2023CIBCmainOutperformerOutperformer
Feb 18, 2021RBC Capitalmain—Sector Perform
Apr 10, 2019MacquarieupNeutralOutperform
Nov 10, 2016National Bank Financial Incinit—Outperform
Nov 10, 2016DundeeupNeutralBuy

About Crescent Point Energy Corp.

Veren Inc. explores, develops, and produces oil and gas properties in Canada and the United States. The company focuses on crude oil, tight oil, natural gas liquids, shale gas, and natural gas reserves. Its properties are located in the provinces of Saskatchewan, Alberta, British Columbia, and Manitoba; and the states of North Dakota. The company was formerly known as Crescent Point Energy Corp. and changed its name to Veren Inc. in May 2024. Veren Inc. was incorporated in 1994 and is headquartered in Calgary, Canada.

Sector
Energy
Industry
Oil & Gas E&P
Country
Canada
Website
vrn.com

News

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Insider holders

CPG insider holders
InsiderRelationLatest transactionDateShares held
Bryksa (Craig Stephen)Director of IssuerExercise of rightsJul 3, 2022695,159
Cillis, Laura AnnDirector of IssuerChange in nature of ownershipApr 7, 202237,396
Crescent Point Energy CorpIssuerRedemption, retraction, cancelation, repurchaseOct 30, 2022548,300
Dielwart (John Patrick)Director of IssuerAcquisition or disposition in the public marketDec 15, 20210
Eade, Mark GordonSenior Officer of IssuerExercise of rightsJul 3, 2022167,470
Gritzfeldt (Ryan Chad Raymond)Senior Officer of IssuerExercise of rightsJul 3, 2022436,728

Institution ownership

CPG institution ownership
Holder% heldSharesValueReported
Franklin Resources, Inc.4.18%22,055,057148.43MJun 29, 2023
Vanguard Group Inc3.54%18,671,735125.66MJun 29, 2023
Bank of Montreal/Can/2.37%12,486,58284.03MJun 29, 2023
CIBC Asset Management Inc.2.16%11,378,92076.58MJun 29, 2023
Millennium Management Llc1.90%10,032,01167.52MJun 29, 2023
Dimensional Fund Advisors LP1.88%9,889,30366.56MJun 29, 2023

Fund ownership

CPG fund ownership
Holder% heldSharesValueReported
Franklin Value Investors Trust-Franklin Small Cap Value2.91%15,342,485124.43MJul 30, 2023
DFA International Small Cap Value Portfolio2.04%10,780,06087.43MJul 30, 2023
Vanguard International Stock Index-Total Intl Stock Indx1.28%6,741,74054.68MJul 30, 2023
Invesco Small Cap Value Fd0.99%5,232,20042.43MJul 30, 2023
Vanguard Tax Managed Fund-Vanguard Developed Markets Index Fund0.75%3,943,64326.54MJun 29, 2023
Franklin Templeton VIP-Small Cap Value VIP Fund0.71%3,749,79525.24MJun 29, 2023
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