Crescent Point Energy Corp (CPG) Insider Mark Gordon Eade Sells 4,500 Shares
Crescent Point Energy Corp (TSE:CPG) (NYSE:CPG) insider Mark Gordon Eade sold 4,500 shares of Crescent Point Energy Corp stock in a transaction dated Friday, September 22nd. The shares were sold at an average price of C$9.85, for a total transaction of C$44,325.00.
Crescent Point Energy Corp (CPG) traded up 2.87% during trading on Monday, reaching $10.04. 1,793,265 shares of the company’s stock traded hands. The firm’s 50 day moving average is $8.75 and its 200-day moving average is $11.45. Crescent Point Energy Corp has a 12 month low of $8.08 and a 12 month high of $19.38. The company’s market capitalization is $5.48 billion.
The company also recently announced a monthly dividend, which will be paid on Monday, October 16th. Stockholders of record on Saturday, September 30th will be paid a $0.03 dividend. The ex-dividend date is Thursday, September 28th. This represents a $0.36 annualized dividend and a dividend yield of 3.58%.
TRADEMARK VIOLATION NOTICE: This story was originally posted by American Banking News and is the sole property of of American Banking News. If you are accessing this story on another domain, it was illegally copied and reposted in violation of U.S. and international trademark & copyright law. The correct version of this story can be read at https://www.americanbankingnews.com/2017/09/25/crescent-point-energy-corp-cpg-insider-mark-gordon-eade-sells-4500-shares.html.
Several analysts recently weighed in on the stock. CIBC cut their price objective on shares of Crescent Point Energy Corp from C$18.00 to C$11.50 in a research report on Thursday, July 20th. Royal Bank Of Canada cut their price objective on shares of Crescent Point Energy Corp from C$18.00 to C$14.00 in a research report on Thursday, July 20th. Barclays PLC cut their price objective on shares of Crescent Point Energy Corp from C$21.00 to C$12.00 in a research report on Monday, July 24th. Finally, National Bank Financial cut their price objective on shares of Crescent Point Energy Corp from C$18.50 to C$14.00 in a research report on Friday, June 23rd. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Crescent Point Energy Corp has an average rating of “Buy” and an average price target of C$18.56.
About Crescent Point Energy Corp
Crescent Point Energy Corp. (Crescent Point) is a Canada-based oil and gas exploration, development and production company. The Company is an oil and gas producer with assets consisting of light and medium oil and natural gas reserves in Western Canada and the United States. Its 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, Montana, Colorado and Utah.
Receive News & Ratings for Crescent Point Energy Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crescent Point Energy Corp and related companies with MarketBeat.com's FREE daily email newsletter.