News coverage about Crescent Point Energy (NYSE:CPG) (TSE:CPG) has been trending somewhat positive this week, Accern Sentiment reports. Accern identifies positive and negative media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Crescent Point Energy earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave press coverage about the oil and gas producer an impact score of 46.0416803241862 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the media headlines that may have effected Accern Sentiment’s analysis:
A number of equities analysts recently commented on the company. AltaCorp Capital reiterated a “buy” rating and set a $16.25 price target on shares of Crescent Point Energy in a report on Monday, January 15th. ValuEngine cut Crescent Point Energy from a “hold” rating to a “sell” rating in a report on Friday, February 2nd. Finally, Zacks Investment Research upgraded Crescent Point Energy from a “hold” rating to a “buy” rating and set a $8.50 price target for the company in a report on Friday, December 29th. Two analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company’s stock. Crescent Point Energy presently has an average rating of “Hold” and a consensus target price of $13.69.
Crescent Point Energy stock opened at $7.76 on Tuesday. Crescent Point Energy has a 52 week low of $6.40 and a 52 week high of $10.90. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.59 and a quick ratio of 0.59. The stock has a market cap of $4,344.52, a P/E ratio of 55.43 and a beta of 1.50.
Crescent Point Energy (NYSE:CPG) (TSE:CPG) last posted its quarterly earnings results on Thursday, March 1st. The oil and gas producer reported ($0.05) EPS for the quarter, missing analysts’ consensus estimates 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 business had revenue of $721.29 million for the quarter, compared to the consensus estimate of $691.70 million. During the same quarter in the previous year, the business posted $0.18 EPS. sell-side analysts predict that Crescent Point Energy will post 0.35 EPS for the current year.
The firm also recently declared a dividend, which was paid on Monday, April 16th. Investors of record on Saturday, March 31st were issued a dividend of $0.023 per share. The ex-dividend date of this dividend was Wednesday, March 28th. Crescent Point Energy’s payout ratio is currently 200.00%.
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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, and Utah.
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