Crescent Point Energy Corp (CPG) Director Gerald A. Romanzin Sells 1,286 Shares
Crescent Point Energy Corp (TSE:CPG) (NYSE:CPG) Director Gerald A. Romanzin sold 1,286 shares of Crescent Point Energy Corp stock in a transaction dated Monday, October 30th. The stock was sold at an average price of C$10.11, for a total value of C$13,001.46.
The firm also recently announced a monthly dividend, which was paid on Monday, October 16th. Investors of record on Saturday, September 30th were paid a dividend of $0.03 per share. The ex-dividend date was Thursday, September 28th. This represents a $0.36 annualized dividend and a yield of 3.39%.
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A number of analysts recently commented on the company. Barclays PLC lowered their price objective on Crescent Point Energy Corp from C$12.00 to C$11.00 in a research report on Monday. CIBC reduced their target price on Crescent Point Energy Corp from C$18.00 to C$11.50 in a report on Thursday, July 20th. Royal Bank Of Canada reduced their target price on Crescent Point Energy Corp from C$18.00 to C$14.00 in a report on Thursday, July 20th. BMO Capital Markets reduced their target price on Crescent Point Energy Corp from C$14.00 to C$13.00 in a report on Tuesday, October 10th. Finally, TD Securities reduced their target price on Crescent Point Energy Corp from C$16.00 to C$15.00 and set a “buy” rating on the stock in a report on Friday, October 27th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. Crescent Point Energy Corp currently has an average rating of “Buy” and a consensus target price of C$16.00.
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.
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