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CPG

Crescent Point Energy TSX:CPG Stock Report

Last Price

CA$9.59

Market Cap

CA$5.3b

7D

14.2%

1Y

89.9%

Updated

16 May, 2022

Data

Company Financials +
CPG fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance3/6
Financial Health4/6
Dividends3/6

CPG Stock Overview

Crescent Point Energy Corp. explores, develops, and produces light and medium crude oil, natural gas liquids, and natural gas reserves in Western Canada and the United States.

Crescent Point Energy Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Crescent Point Energy
Historical stock prices
Current Share PriceCA$9.59
52 Week HighCA$10.08
52 Week LowCA$3.67
Beta3.19
1 Month Change1.59%
3 Month Change13.49%
1 Year Change89.90%
3 Year Change80.60%
5 Year Change-28.22%
Change since IPO667.20%

Recent News & Updates

May 12
An Intrinsic Calculation For Crescent Point Energy Corp. (TSE:CPG) Suggests It's 42% Undervalued

An Intrinsic Calculation For Crescent Point Energy Corp. (TSE:CPG) Suggests It's 42% Undervalued

Today we will run through one way of estimating the intrinsic value of Crescent Point Energy Corp. ( TSE:CPG ) by...

Apr 17
Here's Why Crescent Point Energy (TSE:CPG) Has A Meaningful Debt Burden

Here's Why Crescent Point Energy (TSE:CPG) Has A Meaningful Debt Burden

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Shareholder Returns

CPGCA Oil and GasCA Market
7D14.2%4.3%0.8%
1Y89.9%54.5%4.3%

Return vs Industry: CPG exceeded the Canadian Oil and Gas industry which returned 53.7% over the past year.

Return vs Market: CPG exceeded the Canadian Market which returned 4.2% over the past year.

Price Volatility

Is CPG's price volatile compared to industry and market?
CPG volatility
CPG Average Weekly Movement7.8%
Oil and Gas Industry Average Movement10.3%
Market Average Movement9.7%
10% most volatile stocks in CA Market16.6%
10% least volatile stocks in CA Market4.2%

Stable Share Price: CPG is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: CPG's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1994748Craig Bryksahttps://www.crescentpointenergy.com

Crescent Point Energy Corp. explores, develops, and produces light and medium crude oil, natural gas liquids, and natural gas reserves in Western Canada and the United States. It’s 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 and Montana. The company was incorporated in 1994 and is headquartered in Calgary, Canada.

Crescent Point Energy Fundamentals Summary

How do Crescent Point Energy's earnings and revenue compare to its market cap?
CPG fundamental statistics
Market CapCA$5.25b
Earnings (TTM)CA$3.53b
Revenue (TTM)CA$3.26b

1.6x

P/E Ratio

1.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CPG income statement (TTM)
RevenueCA$3.26b
Cost of RevenueCA$838.90m
Gross ProfitCA$2.42b
Other Expenses-CA$1.10b
EarningsCA$3.53b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Jul 27, 2022

Earnings per share (EPS)6.17
Gross Margin74.27%
Net Profit Margin108.15%
Debt/Equity Ratio28.1%

How did CPG perform over the long term?

See historical performance and comparison

Dividends

2.7%

Current Dividend Yield

1%

Payout Ratio

Does CPG pay a reliable dividends?

See CPG dividend history and benchmarks
When do you need to buy CPG by to receive an upcoming dividend?
Crescent Point Energy dividend dates
Ex Dividend DateJun 14 2022
Dividend Pay DateJul 04 2022
Days until Ex dividend28 days
Days until Dividend pay date48 days

Does CPG pay a reliable dividends?

See CPG dividend history and benchmarks

Valuation

Is Crescent Point Energy undervalued compared to its fair value and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


40.0%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: CPG (CA$9.59) is trading below our estimate of fair value (CA$15.99)

Significantly Below Fair Value: CPG is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CPG is good value based on its PE Ratio (1.6x) compared to the Canadian Oil and Gas industry average (7.9x).

PE vs Market: CPG is good value based on its PE Ratio (1.6x) compared to the Canadian market (11.4x).


Price to Earnings Growth Ratio

PEG Ratio: CPG's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: CPG is good value based on its PB Ratio (0.8x) compared to the CA Oil and Gas industry average (1.9x).


Future Growth

How is Crescent Point Energy forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-66.6%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CPG's earnings are forecast to decline over the next 3 years (-66.6% per year).

Earnings vs Market: CPG's earnings are forecast to decline over the next 3 years (-66.6% per year).

High Growth Earnings: CPG's earnings are forecast to decline over the next 3 years.

Revenue vs Market: CPG's revenue is expected to decline over the next 3 years (-0.1% per year).

High Growth Revenue: CPG's revenue is forecast to decline over the next 3 years (-0.1% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if CPG's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Crescent Point Energy performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


23.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CPG has a high level of non-cash earnings.

Growing Profit Margin: CPG became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: CPG has become profitable over the past 5 years, growing earnings by 23.5% per year.

Accelerating Growth: CPG has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: CPG has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (185%).


Return on Equity

High ROE: CPG's Return on Equity (54.2%) is considered outstanding.


Financial Health

How is Crescent Point Energy's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: CPG's short term assets (CA$630.4M) do not cover its short term liabilities (CA$1.4B).

Long Term Liabilities: CPG's short term assets (CA$630.4M) do not cover its long term liabilities (CA$2.5B).


Debt to Equity History and Analysis

Debt Level: CPG's net debt to equity ratio (28%) is considered satisfactory.

Reducing Debt: CPG's debt to equity ratio has reduced from 43.3% to 28.1% over the past 5 years.

Debt Coverage: CPG's debt is well covered by operating cash flow (88.4%).

Interest Coverage: CPG's interest payments on its debt are well covered by EBIT (48.4x coverage).


Balance Sheet


Dividend

What is Crescent Point Energy current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


2.71%

Current Dividend Yield

Upcoming Dividend Payment

TodayMay 17 2022Ex Dividend DateJun 14 2022Dividend Pay DateJul 04 202220 days from Ex DividendBuy in the next 28 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: CPG's dividend (2.71%) is higher than the bottom 25% of dividend payers in the Canadian market (1.9%).

High Dividend: CPG's dividend (2.71%) is low compared to the top 25% of dividend payers in the Canadian market (5.01%).


Stability and Growth of Payments

Stable Dividend: CPG's dividend payments have been volatile in the past 10 years.

Growing Dividend: CPG's dividend payments have fallen over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (1.3%), CPG's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: At its current cash payout ratio (81%), CPG's dividend payments are covered by cash flows.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.6yrs

Average management tenure


CEO

Craig Bryksa (44 yo)

4yrs

Tenure

CA$4,074,107

Compensation

Mr. Craig Bryksa serves as Chair of the Board of Governors of Canadian Association of Petroleum Producers. He has been President and Chief Executive Officer at Crescent Point Energy Corp since September 05...


CEO Compensation Analysis

Compensation vs Market: Craig's total compensation ($USD3.16M) is about average for companies of similar size in the Canadian market ($USD3.40M).

Compensation vs Earnings: Craig's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: CPG's management team is considered experienced (3.6 years average tenure).


Board Members

Experienced Board: CPG's board of directors are considered experienced (4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: CPG insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Crescent Point Energy Corp.'s employee growth, exchange listings and data sources


Key Information

  • Name: Crescent Point Energy Corp.
  • Ticker: CPG
  • Exchange: TSX
  • Founded: 1994
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Implied Market Cap: CA$5.253b
  • Shares outstanding: 571.56m
  • Website: https://www.crescentpointenergy.com

Number of Employees


Location

  • Crescent Point Energy Corp.
  • 585–8th Avenue SW
  • Suite 2000
  • Calgary
  • Alberta
  • T2P 1G1
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/16 00:00
End of Day Share Price2022/05/16 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.