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Crescent Point Announces Q1 2024 Conference Call
Prnewswire· 2024-05-03 16:00
CALGARY, AB, May 3, 2024 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) and (NYSE: CPG) plans to report its first quarter 2024 financial and operating results via press release prior to the opening of markets on Friday, May 10, 2024. Crescent Point's management will hold a conference call at 8:00 a.m. MT (10:00 a.m. ET) the same day to discuss the Company's results and outlook. Participants can listen to this event online via webcast. To join the call without opera ...
Crescent Point Energy (CPG) Stock Declines While Market Improves: Some Information for Investors
Zacks Investment Research· 2024-04-24 22:56
In the latest trading session, Crescent Point Energy (CPG) closed at $8.85, marking a -0.11% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 0.02%. Meanwhile, the Dow lost 0.11%, and the Nasdaq, a tech-heavy index, added 0.1%.Shares of the oil producer have appreciated by 11.59% over the course of the past month, outperforming the Oils-Energy sector's gain of 4.26% and the S&P 500's loss of 3.01%.Investors will be eagerly watching for the performance of Crescent P ...
Here's Why Crescent Point Energy (CPG) Fell More Than Broader Market
Zacks Investment Research· 2024-04-18 22:56
In the latest trading session, Crescent Point Energy (CPG) closed at $8.45, marking a -0.71% move from the previous day. The stock trailed the S&P 500, which registered a daily loss of 0.22%. Elsewhere, the Dow saw an upswing of 0.06%, while the tech-heavy Nasdaq depreciated by 0.52%.The the stock of oil producer has risen by 7.72% in the past month, leading the Oils-Energy sector's gain of 3.38% and the S&P 500's loss of 1.66%.Investors will be eagerly watching for the performance of Crescent Point Energy ...
Wall Street Analysts See Crescent Point (CPG) as a Buy: Should You Invest?
Zacks Investment Research· 2024-04-15 14:36
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Crescent Point Energy (CPG) .Crescent Point currently has an average broke ...
Are Investors Undervaluing Crescent Point Energy (CPG) Right Now?
Zacks Investment Research· 2024-04-11 14:46
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use fundamental analysis and traditional va ...
Don't Overlook These Top-Ranked Energy Stocks Going Into Q2
Zacks Investment Research· 2024-04-02 12:56
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 ...
New Strong Buy Stocks for April 2nd
Zacks Investment Research· 2024-04-02 12:06
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 ...
Best Income Stocks to Buy for April 2nd
Zacks Investment Research· 2024-04-02 10:46
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 ...
Best Value Stocks to Buy for April 2nd
Zacks Investment Research· 2024-04-02 10:31
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 ...
Crescent Point Plans Name Change to Veren
Prnewswire· 2024-03-20 15:44
 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 ...