Crescent Point Energy Corp (CPG) Insider Sells C$27,750.00 in Stock

Crescent Point Energy Corp (TSE:CPG) (NYSE:CPG) insider Mark Gordon Eade sold 2,500 shares of the stock in a transaction on Wednesday, January 24th. The stock was sold at an average price of C$11.10, for a total transaction of C$27,750.00.

Mark Gordon Eade also recently made the following trade(s):

  • On Wednesday, November 1st, Mark Gordon Eade sold 6,500 shares of Crescent Point Energy stock. The stock was sold at an average price of C$10.80, for a total transaction of C$70,200.00.

Shares of Crescent Point Energy Corp (TSE:CPG) traded down C$0.29 during trading hours on Thursday, hitting C$10.92. 4,419,898 shares of the company were exchanged, compared to its average volume of 4,204,713. Crescent Point Energy Corp has a fifty-two week low of C$8.08 and a fifty-two week high of C$16.64. The firm has a market capitalization of $5,960.00, a price-to-earnings ratio of -10.21 and a beta of 1.13.

Crescent Point Energy (TSE:CPG) (NYSE:CPG) last issued its quarterly earnings data on Thursday, October 26th. The company reported C$0.06 EPS for the quarter, topping analysts’ consensus estimates of C($0.03) by C$0.09. Crescent Point Energy had a negative net margin of 41.50% and a negative return on equity of 11.49%.

The firm also recently announced a monthly dividend, which will be paid on Thursday, February 15th. Investors of record on Thursday, February 15th will be given a $0.03 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 3.30%. The ex-dividend date is Tuesday, January 30th. Crescent Point Energy’s dividend payout ratio (DPR) is currently -33.64%.

CPG has been the topic of a number of research analyst reports. TD Securities dropped their price objective on shares of Crescent Point Energy from C$16.00 to C$15.00 and set a “buy” rating on the stock in a report on Friday, October 27th. Barclays dropped their price objective on shares of Crescent Point Energy from C$12.00 to C$11.00 in a report on Monday, October 30th. BMO Capital Markets dropped their price objective on shares of Crescent Point Energy from C$14.00 to C$13.00 in a report on Tuesday, October 10th. National Bank Financial raised their price objective on shares of Crescent Point Energy from C$12.00 to C$16.00 and gave the stock an “outperform” rating in a report on Tuesday, January 9th. Finally, Royal Bank of Canada raised their price objective on shares of Crescent Point Energy from C$12.00 to C$13.00 and gave the stock a “sector perform” rating in a report on Wednesday, January 10th.

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About Crescent Point Energy

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.

Insider Buying and Selling by Quarter for Crescent Point Energy (TSE:CPG)

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