Crescent Point Energy Corp (TSE:CPG) (NYSE:CPG) Director Scott Saxberg bought 11,400 shares of Crescent Point Energy stock in a transaction dated Monday, March 5th. The stock was acquired at an average cost of C$8.79 per share, with a total value of C$100,206.00.
Scott Saxberg also recently made the following trade(s):
- On Monday, March 12th, Scott Saxberg bought 11,600 shares of Crescent Point Energy stock. The stock was acquired at an average cost of C$8.61 per share, with a total value of C$99,876.00.
Shares of Crescent Point Energy Corp (CPG) traded up C$0.01 during trading on Wednesday, hitting C$8.63. 1,875,750 shares of the stock were exchanged, compared to its average volume of 3,738,199. Crescent Point Energy Corp has a twelve month low of C$8.08 and a twelve month high of C$15.32. The firm has a market capitalization of $4,750.00, a price-to-earnings ratio of -287.67 and a beta of 1.08.
The company also recently declared a monthly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Thursday, March 15th will be paid a dividend of $0.03 per share. The ex-dividend date is Tuesday, February 27th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 4.17%. Crescent Point Energy’s dividend payout ratio (DPR) is -1,200.00%.
A number of brokerages have recently commented on CPG. Barclays upped their target price on shares of Crescent Point Energy from C$13.00 to C$14.00 in a report on Wednesday, January 17th. TD Securities reduced their target price on shares of Crescent Point Energy from C$15.50 to C$14.50 and set a “buy” rating for the company in a report on Friday, March 2nd. Royal Bank of Canada upped their target price on shares of Crescent Point Energy from C$12.00 to C$13.00 and gave the company a “sector perform” rating in a report on Wednesday, January 10th. National Bank Financial upped their target price on shares of Crescent Point Energy from C$12.00 to C$16.00 and gave the company an “outperform” rating in a report on Tuesday, January 9th. Finally, CIBC boosted their price target on shares of Crescent Point Energy from C$11.00 to C$12.50 in a research note on Tuesday, January 23rd.
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About Crescent Point Energy
Crescent Point Energy Corp. (Crescent Point) is a Canada-based oil and gas exploration, development and production company. The Company is an oil and gas producer with assets consisting of light and medium oil and natural gas reserves in Western Canada and the United States. Its 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, Montana, Colorado and Utah.
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