3.31 -0.03 (-0.79%)
After hours: 4:26PM EST
|Bid||3.31 x 21500|
|Ask||3.37 x 38500|
|Day's Range||3.2400 - 3.3850|
|52 Week Range||2.7000 - 9.2400|
|Beta (3Y Monthly)||0.68|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.26 (7.71%)|
|1y Target Est||8.85|
Apart from the capex cut, Crescent Point (CPG) also slashes its dividend payout from 3 cents a month to just a penny every quarter, representing a massive decline of 89%.
Canadian oil producer Crescent Point Energy Corp on Tuesday cut its 2019 capital budget by 30 percent compared to last year, blaming the recent decline in oil prices. Crescent Point expects its output to be in the range of 170,000 to 174,000 barrels of oil equivalent per day (boe/d) in 2019, well under last year's forecast of 177,000 boe/d.
Disciplined and returns focused 2019 capital budget of $1.20 to $1.30 billion. Approved a share repurchase program given the Company's current share price versus its fundamental value. Excess cash flow to be allocated to debt reduction and share repurchases at a budgeted WTI oil price of US$50.00/bbl.
Disciplined and returns focused 2019 capital budget of $1.20 to $1.30 billion . Approved a share repurchase program given the Company's current share price versus its fundamental value. Excess cash flow to be allocated to debt reduction and share repurchases at a budgeted WTI oil price of US$50.00 /bbl.
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CALGARY , Dec. 17, 2018 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX and NYSE: CPG) confirms that the dividend to be paid on January 15, 2019 ...
The Signature Select Canadian Fund (Trades, Portfolio), part of CI Investments Inc., released its semi-annual portfolio this week, listing 20 new positions. Warning! GuruFocus has detected 2 Warning Signs with NCLH. Managed by Eric Bushell, the Toronto-based fund invests in a diverse assortment of Canadian companies to achieve long-term capital appreciation and dividend income.
Canada's main stock index rose on Friday due to a rally in oil prices and a robust domestic jobs data, which eased worries over a recent economic slowdown. * Canada added a record number of jobs in November ...
NEW YORK, NY / ACCESSWIRE / December 7, 2018 / The Market Edge strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register with us ...
Canada's main stock index rose on Monday, led by a rally in energy shares, after a trade truce between the United States and China. * Washington and Beijing agreed to a 90-day trade war truce during the ...
* The Toronto Stock Exchange's S&P/TSX rose 227.16 points, or 1.52 percent, to 15,171.25. * Leading the index were Transcontinental Inc, up 10.6 percent, Aphria Inc, up 10.3 percent, and Hudson's Bay Co, ...
Canada's main stock index fell on Monday, as a decline in oil prices dragged down energy shares, along with a drop in healthcare stocks. * The energy sector dropped 1.0 percent as U.S. crude prices were ...
CALGARY , Nov. 15, 2018 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX and NYSE: CPG) confirms that the dividend to be paid on December 17, 2018 ...
NEW YORK, Oct. 31, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Crescent Point (CPG) delivered earnings and revenue surprises of 37.50% and 11.60%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the Calgary, Alberta-based company said it had net income of 4 cents. Earnings, adjusted for non-recurring costs, came to 11 cents per share. The oil producer posted revenue of $823.9 ...
CALGARY, Alberta, Oct. 25, 2018 -- Crescent Point Energy Corp. (“Crescent Point” or the “Company”) (TSX and NYSE: CPG) is pleased to announce its operating and financial.
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