Crescent Point Energy Corporati which can be found using ticker (CPG) now have 2 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 11.66 and 8.48 suggesting an average Analsyt target price of $10.07. Now with the previous closing price of $7.41 this indicates there is a potential upside of 35.9%. Also worth taking note is the 50 day moving average now sits at $6.95 and the 200 moving average now moves to $7.18. The market cap for the company is $4,125m. Visit the company website at: https://www.crescentpointenergy.com
The potential market cap would be $5,606m based on the market consensus.
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. It’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 and Montana. The company was incorporated in 1994 and is headquartered in Calgary, Canada.
The company has a dividend yield of 3.93% with the ex dividend date set at 14-3-2023 (DMY).
Other points of data to note are a P/E ratio of 3.93, revenue per share of 7.05 and a 12.95% return on assets.
