Crescent Point Energy Stock Today
| CPG Stock | CAD 11.65 0.10 0.85% |
Performance27 of 100
| Odds Of DistressLess than 3
|
Crescent Point is selling at 11.65 as of the 19th of April 2024; that is -0.85% down since the beginning of the trading day. The stock's open price was 11.75. Crescent Point has a very small chance of experiencing financial distress in the next few years and had a strong performance during the last 90 days. Equity ratings for Crescent Point Energy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of May 2022 and ending today, the 19th of April 2024. Click here to learn more.
Crescent Point Energy Corp. explores, develops, and produces light and medium crude oil, natural gas liquids, and natural gas reserves in Western Canada and the United States. The company was incorporated in 1994 and is headquartered in Calgary, Canada. The company has 619.95 M outstanding shares of which 7.66 M shares are currently shorted by private and institutional investors with about 2.93 days to cover all short positions. More on Crescent Point Energy
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Moving against Crescent Stock
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Follow Valuation Odds of Bankruptcy
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Crescent Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Crescent Point's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Crescent Point or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President CEO, Director | Scott Saxberg |
| Business Concentration | Oil & Gas Exploration & Production, Oil & Gas E&P, Energy, Energy, Oil, Gas & Consumable Fuels, Oil & Gas E&P, Energy (View all Sectors) |
Crescent Point Energy (CPG) is traded on Toronto Exchange in Canada and employs 777 people. Crescent Point is listed under Oil & Gas Exploration & Production category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 7.32 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Crescent Point's market, we take the total number of its shares issued and multiply it by Crescent Point's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Crescent Point Energy operates under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 619.95 M outstanding shares of which 7.66 M shares are currently shorted by private and institutional investors with about 2.93 days to cover all short positions.
Crescent Point Energy has accumulated about 15.9 M in cash with 2.2 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03.
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Ownership AllocationCrescent Point Energy retains a total of 619.95 Million outstanding shares. 30% of Crescent Point Energy outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Crescent Ownership Details
Crescent Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Crescent Point jumping above the current price in 90 days from now is about 10.35%. The Crescent Point Energy probability density function shows the probability of Crescent Point stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Crescent Point has a beta of 0.0421 suggesting as returns on the market go up, Crescent Point average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Crescent Point Energy will be expected to be much smaller as well. Additionally, crescent Point Energy has an alpha of 0.4923, implying that it can generate a 0.49 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Crescent Point to move above the current price in 90 days from now is about 10.35 (This Crescent Point Energy probability density function shows the probability of Crescent Stock to fall within a particular range of prices over 90 days) .
Crescent Point Energy Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Crescent Point market risk premium is the additional return an investor will receive from holding Crescent Point long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Crescent Point. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Crescent Point's alpha and beta are two of the key measurements used to evaluate Crescent Point's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.16 | |||
| Semi Deviation | 0.6626 | |||
| Standard Deviation | 1.47 | |||
| Variance | 2.17 |
Crescent Stock Against Markets
Picking the right benchmark for Crescent Point stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Crescent Point stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Crescent Point is critical whether you are bullish or bearish towards Crescent Point Energy at a given time. Please also check how Crescent Point's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Crescent Point without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Crescent Point Corporate Directors
Crescent Point corporate directors refer to members of a Crescent Point board of directors. The board of directors generally takes responsibility for the Crescent Point's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Crescent Point's board members must vote for the resolution. The Crescent Point board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Gerald Romanzin | Independent Director | Profile | |
| John Dielwart | Independent Director | Profile | |
| Francois Langlois | Independent Director | Profile | |
| Ted Goldthorpe | Independent Director | Profile |
How to buy Crescent Stock?
Before investing in Crescent Point, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Crescent Point. To buy Crescent Point stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Crescent Point. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Crescent Point stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Crescent Point Energy stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Crescent Point Energy stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Crescent Point Energy, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Crescent Stock please use our How to Invest in Crescent Point guide.
Already Invested in Crescent Point Energy?
The danger of trading Crescent Point Energy is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Crescent Point is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Crescent Point. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Crescent Point Energy is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Crescent Point Energy is a strong investment it is important to analyze Crescent Point's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Crescent Point's future performance. For an informed investment choice regarding Crescent Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crescent Point Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the Crescent Point Energy information on this page should be used as a complementary analysis to other Crescent Point's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for Crescent Stock analysis
When running Crescent Point's price analysis, check to measure Crescent Point's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Crescent Point is operating at the current time. Most of Crescent Point's value examination focuses on studying past and present price action to predict the probability of Crescent Point's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crescent Point's price. Additionally, you may evaluate how the addition of Crescent Point to your portfolios can decrease your overall portfolio volatility.
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