CPG : Crescent Point Energy Corp Stock Profile

Last Updated: 3/12/2024 0:47:16

Crescent Point Energy Corp trades with the ticker CPG on the TSX and is in the Oil & Gas E&P industry.

Overview
Crescent Point Energy Corp., together with its subsidiaries, explores, develops, and produces oil and gas properties in Canada and the United States. The company focuses on crude oil, tight oil, natural gas liquids, shale gas, and natural gas reserves. Its properties are located in the provinces of Saskatchewan, Alberta, British Columbia, and Manitoba; and the states of North Dakota. Crescent Point Energy Corp. was incorporated in 1994 and is headquartered in Calgary, Canada.
 

Looking to invest in Crescent Point Energy Corp? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

CPG.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $6273.894MM

PE Ratio: 6.932

Price: 7.55 (Updated: 3/12/2024 0:47:16)



Crescent Point Energy Corp (CPG) vs Competitors in Oil & Gas E&P

Lets see how CPG.TO stacks up against others in the Oil & Gas E&P asset management industry. We have identified its main peers as:

Advantage Oil & Gas Ltd, Africa Oil Corp, ARC Resources Ltd, Athabasca Oil Corporation, Birchcliff Energy Ltd

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Oil & Gas E&P Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Advantage Oil & Gas Ltd (AAV) $1,577.226 16.729 5.77 N/A%
Africa Oil Corp (AOI) $959.473 8.708 6.836 3.2%
ARC Resources Ltd (ARX) $13,990.234 8.981 4.539 2.9%
Athabasca Oil Corporation (ATH) $2,937.06 N/A 26.708 N/A%
Birchcliff Energy Ltd (BIR) $1,471.439 17.25 4.987 7.2%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Oil & Gas E&P

  • Crescent Point Energy Corp (CPG) vs Advantage Oil & Gas Ltd (AAV)
    • CPG has higher EPS (1.46 vs 0.59). CPG provides dividends, while AAV does not. AAV has a higher P/E ratio (16.729 vs 6.932) indicating it’s more expensive.
  • Crescent Point Energy Corp (CPG) vs Africa Oil Corp (AOI)
    • CPG has higher EPS (1.46 vs 0.24). CPG has higher dividend yield (4.6% vs 3.2%). AOI has a higher P/E ratio (8.708 vs 6.932) indicating it’s more expensive.
  • Crescent Point Energy Corp (CPG) vs ARC Resources Ltd (ARX)
    • ARX has higher EPS (2.61 vs 1.46). CPG has higher dividend yield (4.6% vs 2.9%). ARX has a higher P/E ratio (8.981 vs 6.932) indicating it’s more expensive.
  • Crescent Point Energy Corp (CPG) vs Athabasca Oil Corporation (ATH)
    • CPG has higher EPS (1.46 vs -0.09). CPG provides dividends, while ATH does not. ATH has a P/E under 0, indicating CPG (P/E 6.932) is in a better position.
  • Crescent Point Energy Corp (CPG) vs Birchcliff Energy Ltd (BIR)
    • CPG has higher EPS (1.46 vs 0.32). BIR has higher dividend yield (7.2% vs 4.6%). BIR has a higher P/E ratio (17.25 vs 6.932) indicating it’s more expensive.

Our Recommendation: Buy
Shows positive EPS growth from this year to next, suggesting improving profitability. Has a lower P/E ratio (6.93) than the industry average (8.87), indicating potential undervaluation. Features a lower EV/EBITDA ratio (4.44) than the industry average (7.57), indicating attractive valuation.
 

How to Buy CPG stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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