Oil prices rallied in the first quarter of 2024, with both Brent and West Texas Intermediate (“WTI”) crude futures registering significant increases. Brent oil, the global benchmark, rose nearly 14%, while WTI, which tracks U.S. crude, surged approximately 16%. At the end of March, the global benchmark settled at $87.48 per barrel, while U.S. crude closed at $83.17.We believe that energy stocks will continue to be a focal point of the impressive overall market growth as the sentiment on oil prices seems to ...

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:Crexendo, Inc. (CXDO) : This cloud communications service provider has seen the Zacks Consensus Estimate for its current year earnings increasing 9.5% over the last 60 days.High Tide Inc. (HITI) : This cannabis dispensary company has seen the Zacks Consensus Estimate for its current year earnings increasing 100% over the last 60 days.SIGA Technologies, Inc. (SIGA) : This commercial-stage pharmaceutical company has seen the Zacks Consens ...

Here are three stocks with buy rank and strong income characteristics for investors to consider today, April 2:SL Green Realty Corp. (SLG) : This integrated real estate investment trust has witnessed the Zacks Consensus Estimate for its current year earnings increasing 12.2% the last 60 days.This Zacks Rank #1 company has a dividend yield of 5.4%, compared with the industry average of 4.4%.Danaos Corporation (DAC) : This maritime shipping company has witnessed the Zacks Consensus Estimate for its current ye ...

Here are three stocks with buy rank and strong value characteristics for investors to consider today, April 2:Danaos Corporation (DAC) : This maritime shipping company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.3% over the last 60 days.Danaos Corporation has a price-to-earnings ratio (P/E) of 2.30 compared with 8.50 for the industry. The company possesses a Value Score of A.Crescent Point Energy Corp. (CPG) : This oil and gas exploratio ...

 CALGARY, AB, March 20, 2024 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) announced today that it intends to change its name to Veren Inc. ("Veren") and will seek shareholder approval for the change at its upcoming Annual and Special Meeting of Shareholders ("AGM") on May 10, 2024. "Our new name and logo represent the culmination of our remarkable transformation over the last several years and better reflect the notable improvements we have made to ou ...

For those looking to find strong Oils-Energy stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Crescent Point Energy (CPG) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Oils-Energy sector should help us answer this question.Crescent Point Energy is one of 249 companies in the Oils-Energy group. The Oils-Energy group currently sits at #15 within the Zacks Sector Rank. The Zacks Sector Ra ...

ImagineGolf Investment Thesis Crescent Point Energy (NYSE:CPG)(TSX:CPG:CA) has transitioned after the Hammerhead Energy acquisition and ended up with a premium 20+ years drilling inventory portfolio. The acquisition increased the company's share count and debt, and investors didn't take it well. While most Canadian O&G (Oil and Gas) producers are now deleveraged and focus on returning the capital to shareholders, Crescent needs to focus on debt repayment again. CPG also has a gassier production profil ...

CALGARY, AB, Feb. 29, 2024 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) and (NYSE: CPG) confirms the filing of its Annual Information Form ("AIF") for the year ended December 31, 2023, with the Canadian securities regulatory authorities on the System for Electronic Analysis and Retrieval ("SEDAR+"). In addition, Crescent Point has filed its Form 40-F for the year ended December 31, 2023, which includes the AIF, with the United States Securities and Exchange Commi ...

CALGARY, AB, Feb. 29, 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 year ended December 31, 2023. KEY HIGHLIGHTS  Transformed portfolio, increasing premium inventory to over 20 years and enhancing excess cash flow profile. Replaced over 900 percent of 2023 production on a 2P reserves basis including strategic A&D, or 150 percent organically. Generated $980 million of excess cash f ...

Crescent Point Energy Corp. (CPG) is set to release fourth-quarter results on Feb 29. The current Zacks Consensus Estimate for the to-be-reported quarter is a profit of 31 cents per share on revenues of $752.3 million.Let’s delve into the factors that might have influenced the Canadian oil and gas producer’s results in the December quarter. But it’s worth taking a look at CPG’s previous-quarter performance first. Crescent Point Energy Corporation Price and EPS Surprise Crescent Point Energy Corporation pri ...