BMO Capital Maintains Outperform on Crescent Point Energy, Raises Price Target to $14
$CPG
BMO Capital analyst Jeremy Mccrea maintains Crescent Point Energy (NYSE:CPG) with a Outperform and raises the price target from $13 to $14.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/21/2023 | Buy | Canaccord Genuity | |
| 6/8/2022 | Sector Perform → Sector Outperform | Scotiabank | |
| 1/13/2022 | Sector Outperform → Sector Perform | Scotiabank |
Crescent Point Energy Corp. ("Crescent Point", or the "Company") (TSX:CPG) and (NYSE:CPG) held its Annual and Special Meeting of Shareholders ("AGM" or "the meeting") on May 10, 2024. During the business portion of the meeting, shareholders approved all resolutions brought forward, including voting in favour of changing the Company's name to Veren Inc. ("Veren"), effective immediately.Veren's shares are expected to begin trading under its new symbol "VRN" on both the TSX and NYSE on or around May 15, 2024. Veren will also launch its new website at www.vrn.com in conjunction with the ticker change.
Crescent Point Energy (NYSE:CPG) reported quarterly earnings of $0.22 per share which missed the analyst consensus estimate of $0.35 by 36.29 percent. The company reported quarterly sales of $821.990 million which missed the analyst consensus estimate of $1.003 billion by 18.05 percent. This is a 21.63 percent increase over sales of $675.800 million the same period last year.
CALGARY, AB, May 10, 2024 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point", or the "Company") (TSX:CPG) and (NYSE:CPG) held its Annual and Special Meeting of Shareholders ("AGM" or "the meeting") on May 10, 2024. During the business portion of the meeting, shareholders approved all resolutions brought forward, including voting in favour of changing the Company's name to Veren Inc. ("Veren"), effective immediately. Veren's shares are expected to begin trading under its new symbol "VRN" on both the TSX and NYSE on or around May 15, 2024. Veren will also launch its new website at www.vrn.com in conjunction with the ticker change. Voting results for all resolutions and advisory vote
CALGARY, AB, May 18, 2023 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) (NYSE:CPG) held its Annual Meeting of Shareholders ("the meeting") on May 18, 2023. During the regular business proceedings at the meeting, shareholders elected all director nominees to the Board of Directors of the Company (the "Board") and approved all other items of business brought before the meeting. Voting results for all resolutions and advisory votes are below. 1. Fixing the Number of Directors The appointment of nine Board members for the ensuing year was approved. Votes were received as follows: Votes For Percent Against Percent 214,364,168 99.46 % 1,166,754 0.54 %
CALGARY, AB, May 19, 2022 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) and (NYSE:CPG) held its Annual General Meeting of Shareholders ("the meeting") on May 19, 2022. During the regular business proceedings at the meeting, shareholders elected all director nominees to the Board of Directors of the Company (the "Board") and approved all other items of business brought before the meeting. Voting results for all resolutions and advisory votes are below. 1. Fixing the Number of Directors The appointment of ten Board members for the ensuing year was approved. Votes were received as follows: Votes For Percent Against Percent 247,177,526 99.55% 1,
6-K - Crescent Point Energy Corp. (0001545851) (Filer)
6-K - Crescent Point Energy Corp. (0001545851) (Filer)
6-K - Crescent Point Energy Corp. (0001545851) (Filer)
CALGARY, AB, May 10, 2024 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point", or the "Company") (TSX:CPG) and (NYSE:CPG) held its Annual and Special Meeting of Shareholders ("AGM" or "the meeting") on May 10, 2024. During the business portion of the meeting, shareholders approved all resolutions brought forward, including voting in favour of changing the Company's name to Veren Inc. ("Veren"), effective immediately. Veren's shares are expected to begin trading under its new symbol "VRN" on both the TSX and NYSE on or around May 15, 2024. Veren will also launch its new website at www.vrn.com in conjunction with the ticker change. Voting results for all resolutions and advisory vote
CALGARY, AB, May 10, 2024 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) (NYSE:CPG) is pleased to announce its operating and financial results for the quarter ended March 31, 2024. KEY HIGHLIGHTS Strong operational execution year-to-date, including delivering 198,500 boe/d of production in first quarter.Generated $130 million of excess cash flow in first quarter, with over $80 million returned to shareholders.Successfully integrated recently acquired Alberta Montney assets, bringing 18 Montney wells on stream year-to-date.Entered into agreement to dispose of non-core assets in Saskatchewan for $600 million, as previously announced.Expect pro forma
CALGARY, AB, May 10, 2024 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point") (TSX:CPG) and (NYSE:CPG) announces its Board of Directors has approved and declared a quarterly cash base dividend of $0.115 per share. The base dividend is payable on July 2, 2024 to shareholders of record on June 15, 2024. These dividends are designated as "eligible dividends" for Canadian income tax purposes. For U.S. income tax purposes, Crescent Point's dividends are considered "qualified dividends." FOR MORE INFORMATION ON CRESCENT POINT ENERGY, PLEASE CONTACT: Sarfraz Somani, Manager, Investor Relations Telephone: (403) 693-0020 Toll-free (US and Canada): 888-693-0020 Fax: (403) 693-0070 Address:
SC 13G - Crescent Point Energy Corp. (0001545851) (Subject)
SC 13G/A - Crescent Point Energy Corp. (0001545851) (Subject)
SC 13G - Crescent Point Energy Corp. (0001545851) (Subject)
Canaccord Genuity initiated coverage of Crescent Point Energy with a rating of Buy
Scotiabank upgraded Crescent Point Energy from Sector Perform to Sector Outperform
Scotiabank downgraded Crescent Point Energy from Sector Outperform to Sector Perform
CALGARY, AB, May 10, 2024 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) (NYSE:CPG) is pleased to announce its operating and financial results for the quarter ended March 31, 2024. KEY HIGHLIGHTS Strong operational execution year-to-date, including delivering 198,500 boe/d of production in first quarter.Generated $130 million of excess cash flow in first quarter, with over $80 million returned to shareholders.Successfully integrated recently acquired Alberta Montney assets, bringing 18 Montney wells on stream year-to-date.Entered into agreement to dispose of non-core assets in Saskatchewan for $600 million, as previously announced.Expect pro forma
CALGARY, AB, May 10, 2024 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point") (TSX:CPG) and (NYSE:CPG) announces its Board of Directors has approved and declared a quarterly cash base dividend of $0.115 per share. The base dividend is payable on July 2, 2024 to shareholders of record on June 15, 2024. These dividends are designated as "eligible dividends" for Canadian income tax purposes. For U.S. income tax purposes, Crescent Point's dividends are considered "qualified dividends." FOR MORE INFORMATION ON CRESCENT POINT ENERGY, PLEASE CONTACT: Sarfraz Somani, Manager, Investor Relations Telephone: (403) 693-0020 Toll-free (US and Canada): 888-693-0020 Fax: (403) 693-0070 Address:
CALGARY, AB, May 6, 2024 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) (NYSE:CPG) is pleased to announce that it has entered into an agreement (the "Agreement") with Saturn Oil & Gas Inc. ("Saturn") to sell certain non-core assets in Saskatchewan (the "Assets") for $600 million in cash (the "Transaction"). "We have strategically re-built our asset portfolio over the last few years to enhance our long-term sustainability," said Craig Bryksa, President and CEO of Crescent Point. "This transaction allows us to realize value for these non-core assets which had limited impact in the Company's future plans while continuing to focus on our priorities of o