CPG Stock Recent News

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?

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.

Here is how Crescent Point Energy (CPG) and Valero Energy (VLO) have performed compared to their sector so far this year.

SLG, DAC and CPG made it to the Zacks Rank #1 (Strong Buy) income stocks list on April 2, 2023.

DAC, CPG and MPC made it to the Zacks Rank #1 (Strong Buy) value stocks list on April 2, 2023.

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.

The mean of analysts' price targets for Crescent Point (CPG) points to a 25.6% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

The shift in name marks a milestone in Crescent Point Energy's (CPG) journey toward a more focused and sustainable business model.

Here is how Crescent Point Energy (CPG) and Saipem (SAPMF) have performed compared to their sector so far this year.

Crescent Point came through a transition resulting in 20+ years of drilling inventory but higher debt. The company generates a high excess cash flow yielding 13% for 2024 while growing fast and repaying its debt. The production profile is becoming gassier with higher decline rates.