Crescent Point Energy Corp. (TSX: CPG)

Canada flag Canada · Delayed Price · Currency is CAD
11.72
-0.04 (-0.34%)
May 14, 2024, 4:00 PM EDT
30.08%
Market Cap 7.24B
Revenue (ttm) 3.63B
Net Income (ttm) -58.10M
Shares Out 619.94M
EPS (ttm) -0.09
PE Ratio 23.92
Forward PE 8.44
Dividend 0.59 (4.99%)
Ex-Dividend Date Jun 14, 2024
Volume 2,623,619
Open 11.67
Previous Close 11.76
Day's Range 11.62 - 11.81
52-Week Range 8.16 - 12.67
Beta 2.84
Analysts n/a
Price Target 14.64 (+24.91%)
Earnings Date Jul 25, 2024

About Crescent Point Energy

Veren Inc. 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. The company was formerly known as Crescent Point Energy Corp. and changed its name to Veren Inc. in May 2024. Veren Inc. was incorporated in 1994 and is headquartered in Calgary, Canada. [Read more]

Industry Oil & Gas E&P
Sector Energy
CEO Craig Bryksa
Country Canada
Stock Exchange Toronto Stock Exchange
Ticker Symbol CPG
Full Company Profile

Financial Performance

In 2023, CPG's revenue was 3.19 billion, a decrease of -20.11% compared to the previous year's 3.99 billion. Earnings were 570.30 million, a decrease of -61.55%.

Financial Statements

News

Crescent Point Energy: Earnings Are Still Cleaning Up

Crescent Point Energy has shifted its management strategy from acquisitions to long-term growth and income. Read why CPG stock is a Strong Buy.

7 days ago - Seeking Alpha

Crescent Point Announces 2024 Annual and Special Meeting of Shareholders Results and Changes Name to Veren

CALGARY, AB , May 10, 2024 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point", or the "Company") (TSX: CPG) and (NYSE: CPG) held its Annual and Special Meeting of Shareholders ("AGM" or "the...

10 days ago - PRNewsWire

Crescent Point Q1 Earnings Drop Amid Lower Oil and Gas Prices

Canadian oil and gas producer Crescent Point Energy (NYSE: CPG) reported on Friday that its adjusted net earnings from operations declined by 15% year-over-year in the first quarter of 2024, dragged d...

10 days ago - OilPrice com

Crescent Point Energy reports Q1 results

Crescent Point Energy reports Q1 2024 adjusted funds flow of C$568.2 million, a net loss of C$411.7 million, and revenue of C$1.1B, YoY increase of 44.4%.

10 days ago - Seeking Alpha

Crescent Point Announces Q1 2024 Results

CALGARY, AB , May 10, 2024 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) is pleased to announce its operating and financial results for the quar...

10 days ago - PRNewsWire

Crescent Point Confirms Quarterly Dividend

CALGARY, AB , May 10, 2024 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point") (TSX: CPG) and (NYSE: CPG) announces its Board of Directors has approved and declared a quarterly cash base div...

10 days ago - PRNewsWire

Crescent Point Announces Sale of Non-Core Assets

CALGARY, AB , May 6, 2024 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) is pleased to announce that it has entered into an agreement (the "Agree...

13 days ago - PRNewsWire

Crescent Point Announces Q1 2024 Conference Call

CALGARY, AB , May 3, 2024 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) and (NYSE: CPG) plans to report its first quarter 2024 financial and operating resul...

17 days ago - PRNewsWire

Crescent Point Announces 2024 Annual and Special Meeting of Shareholders Details

CALGARY, AB , May 3, 2024 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) and (NYSE: CPG) announces that its Annual and Special Meeting of Shareholders ("AGM"...

17 days ago - PRNewsWire

Oil Driller Crescent Point Is Changing Its Name After CEO’s Overhaul

Canadian oil driller Crescent Point Energy Corp. — which has overhauled its operations over the past five years — is changing its name to reflect its new identity.

2 months ago - Financial Post

Crescent Point Plans Name Change to Veren

CALGARY, AB, March 20, 2024 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) announced today that it intends to change its name to Veren Inc. ("Ver...

2 months ago - PRNewsWire

Crescent Point Receives Approval for Normal Course Issuer Bid

CALGARY, AB , March 7, 2024 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) is pleased to announce the Toronto Stock Exchange ("TSX") has accepted...

2 months ago - PRNewsWire

Crescent Point Energy Lifts Base Dividend as It Turns Profit for Q4

Canadian oil and gas producer Crescent Point Energy (NYSE: CPG) is raising its quarterly base dividend by 15% as it reported on Thursday a net income for the fourth quarter, compared to a loss for the...

2 months ago - OilPrice com

Crescent Point Announces Filing of 2023 Annual Information Form and Form 40-F

CALGARY, AB , Feb. 29, 2024 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) and (NYSE: CPG) confirms the filing of its Annual Information Form ("AIF") for the...

2 months ago - PRNewsWire