News articles about Crescent Point Energy (NYSE:CPG) (TSE:CPG) have been trending somewhat positive this week, according to Accern. Accern identifies negative and positive media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Crescent Point Energy earned a daily sentiment score of 0.20 on Accern’s scale. Accern also assigned news articles about the oil and gas producer an impact score of 46.2943152234788 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the media stories that may have impacted Accern’s scoring:
Crescent Point Energy stock opened at $6.96 on Monday. Crescent Point Energy has a 52-week low of $6.40 and a 52-week high of $11.45. The stock has a market capitalization of $3,798.73, a P/E ratio of -34.80 and a beta of 1.51. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.59 and a quick ratio of 0.59.
Crescent Point Energy (NYSE:CPG) (TSE:CPG) last announced its earnings results on Thursday, March 1st. The oil and gas producer reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by ($0.13). Crescent Point Energy had a positive return on equity of 1.04% and a negative net margin of 4.23%. The firm had revenue of $721.29 million during the quarter, compared to the consensus estimate of $691.70 million. During the same period in the prior year, the company posted $0.18 EPS. research analysts expect that Crescent Point Energy will post 0.24 earnings per share for the current fiscal year.
The company also recently announced a monthly dividend, which was paid on Thursday, March 15th. Stockholders of record on Wednesday, February 28th were given a $0.024 dividend. This represents a $0.29 annualized dividend and a dividend yield of 4.14%. The ex-dividend date was Tuesday, February 27th. Crescent Point Energy’s dividend payout ratio is currently -144.99%.
CPG has been the subject of several research reports. AltaCorp Capital reissued a “buy” rating and issued a $16.25 target price on shares of Crescent Point Energy in a research report on Monday, January 15th. Zacks Investment Research raised Crescent Point Energy from a “hold” rating to a “buy” rating and set a $8.50 target price for the company in a research report on Friday, December 29th. ValuEngine raised Crescent Point Energy from a “sell” rating to a “hold” rating in a research report on Friday, December 15th. Raymond James Financial lowered Crescent Point Energy from an “outperform” rating to a “market perform” rating in a research report on Thursday, December 14th. Finally, UBS lowered Crescent Point Energy from an “outperform” rating to a “market perform” rating in a research report on Thursday, December 14th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $13.69.
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Crescent Point Energy Company Profile
Crescent Point Energy Corp. acquires, explores, develops, and produces light and medium oil and natural gas properties in Western Canada and the United States. The company's 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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