Crescent Point Energy (CPG) Director Buys C$14,826.00 in Stock

Crescent Point Energy (TSE:CPG) (NYSE:CPG) Director Scott Saxberg purchased 1,400 shares of the business’s stock in a transaction on Wednesday, May 23rd. The shares were bought at an average price of C$10.59 per share, for a total transaction of C$14,826.00.

Scott Saxberg also recently made the following trade(s):

  • On Friday, May 18th, Scott Saxberg purchased 2,300 shares of Crescent Point Energy stock. The shares were bought at an average price of C$10.92 per share, for a total transaction of C$25,116.00.
  • On Wednesday, March 28th, Scott Saxberg purchased 5,883 shares of Crescent Point Energy stock. The shares were bought at an average price of C$8.52 per share, for a total transaction of C$50,123.16.
  • On Monday, March 19th, Scott Saxberg acquired 5,000 shares of Crescent Point Energy stock. The stock was acquired at an average price of C$9.00 per share, for a total transaction of C$45,000.00.
  • On Monday, March 12th, Scott Saxberg acquired 11,600 shares of Crescent Point Energy stock. The stock was acquired at an average price of C$8.61 per share, for a total transaction of C$99,876.00.
  • On Monday, March 5th, Scott Saxberg acquired 11,400 shares of Crescent Point Energy stock. The stock was acquired at an average price of C$8.79 per share, for a total transaction of C$100,206.00.

Shares of Crescent Point Energy traded down C$0.44, reaching C$10.05, during mid-day trading on Friday, according to Marketbeat Ratings. The company’s stock had a trading volume of 5,703,500 shares, compared to its average volume of 3,957,646. Crescent Point Energy has a 12-month low of C$8.08 and a 12-month high of C$12.42.

Crescent Point Energy (TSE:CPG) (NYSE:CPG) last released its quarterly earnings data on Thursday, March 1st. The company reported C($0.06) EPS for the quarter, missing analysts’ consensus estimates of C$0.10 by C($0.16). The business had revenue of C$916.00 million during the quarter, compared to analysts’ expectations of C$875.60 million. Crescent Point Energy had a net margin of 6.44% and a return on equity of 2.23%.

The company also recently declared a monthly dividend, which was paid on Tuesday, May 15th. Investors of record on Tuesday, May 15th were paid a dividend of $0.03 per share. The ex-dividend date of this dividend was Friday, April 27th. This represents a $0.36 dividend on an annualized basis and a yield of 3.58%.

A number of research firms have recently commented on CPG. CIBC increased their price objective on Crescent Point Energy from C$11.50 to C$12.50 in a report on Friday, May 18th. Raymond James increased their price objective on Crescent Point Energy from C$10.00 to C$13.00 in a report on Tuesday, April 24th. National Bank Financial dropped their price objective on Crescent Point Energy from C$15.50 to C$14.50 and set an “outperform” rating on the stock in a report on Friday, May 4th. TD Securities dropped their price objective on Crescent Point Energy from C$15.50 to C$14.50 and set a “buy” rating on the stock in a report on Friday, March 2nd. Finally, Barclays dropped their price objective on Crescent Point Energy from C$14.00 to C$12.00 in a report on Friday, March 2nd.

Crescent Point Energy Company Profile

Crescent Point Energy Corp. acquires, explores, develops, and produces light and medium oil and natural gas properties in Western Canada and the United States. The company'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, Montana, and Utah.

Insider Buying and Selling by Quarter for Crescent Point Energy (TSE:CPG)

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