Crescent Point Energy (NYSE:CPG – Get Free Report) (TSE:CPG) will be releasing its earnings data before the market opens on Friday, May 10th. Analysts expect Crescent Point Energy to post earnings of $0.23 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.
Crescent Point Energy (NYSE:CPG – Get Free Report) (TSE:CPG) last released its quarterly earnings results on Thursday, February 29th. The oil and gas producer reported $0.27 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.11). The firm had revenue of $743.70 million for the quarter, compared to analyst estimates of $752.25 million. Crescent Point Energy had a net margin of 15.40% and a return on equity of 13.27%. On average, analysts expect Crescent Point Energy to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Crescent Point Energy Stock Up 0.3 %
Shares of NYSE:CPG opened at $8.85 on Wednesday. Crescent Point Energy has a 52 week low of $6.03 and a 52 week high of $9.28. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.76 and a current ratio of 0.76. The company has a market cap of $5.48 billion, a PE ratio of 12.64 and a beta of 2.17. The firm has a 50 day simple moving average of $8.27 and a 200 day simple moving average of $7.40.
Crescent Point Energy Increases Dividend
Wall Street Analyst Weigh In
Separately, BMO Capital Markets upped their target price on Crescent Point Energy from $13.00 to $14.00 and gave the company an “outperform” rating in a report on Tuesday. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $13.81.
Read Our Latest Research Report on CPG
About Crescent Point Energy
Crescent Point Energy Corp. 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.
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