Crescent Point Energy Corp (TSE:CPG) (NYSE:CPG) insider Mark Gordon Eade sold 2,500 shares of the firm’s stock in a transaction on Wednesday, January 24th. The stock was sold at an average price of C$11.10, for a total value of C$27,750.00.
Mark Gordon Eade also recently made the following trade(s):
- On Wednesday, November 1st, Mark Gordon Eade sold 6,500 shares of Crescent Point Energy stock. The stock was sold at an average price of C$10.80, for a total value of C$70,200.00.
Shares of Crescent Point Energy Corp (TSE:CPG) traded down C$0.03 during trading hours on Monday, hitting C$8.81. The stock had a trading volume of 3,792,000 shares, compared to its average volume of 4,130,000. The stock has a market capitalization of $4,810.00, a P/E ratio of -8.23 and a beta of 1.11. Crescent Point Energy Corp has a twelve month low of C$8.08 and a twelve month high of C$16.64.
The company also recently declared a monthly dividend, which will be paid on Thursday, March 15th. Shareholders of record on Thursday, March 15th will be given a dividend of $0.03 per share. This represents a $0.36 dividend on an annualized basis and a yield of 4.09%. The ex-dividend date of this dividend is Tuesday, February 27th. Crescent Point Energy’s dividend payout ratio (DPR) is presently -33.64%.
CPG has been the subject of a number of recent analyst reports. TD Securities lowered their price objective on Crescent Point Energy from C$16.00 to C$15.00 and set a “buy” rating for the company in a research report on Friday, October 27th. CIBC lifted their price objective on Crescent Point Energy from C$11.00 to C$12.50 in a research report on Tuesday, January 23rd. National Bank Financial lifted 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 report on Tuesday, January 9th. Royal Bank of Canada lifted 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 report on Wednesday, January 10th. Finally, Barclays lifted their price objective on Crescent Point Energy from C$11.00 to C$13.00 in a research report on Thursday, January 11th.
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Crescent Point Energy Company Profile
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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