Mark Gordon Eade Sells 2,500 Shares of Crescent Point Energy Corp (TSE:CPG) Stock

Crescent Point Energy Corp (TSE:CPG) (NYSE:CPG) insider Mark Gordon Eade sold 2,500 shares of the firm’s stock in a transaction dated Wednesday, January 24th. The stock was sold at an average price of C$11.10, for a total value of C$27,750.00.

Mark Gordon Eade also recently made the following trade(s):

  • On Wednesday, November 1st, Mark Gordon Eade sold 6,500 shares of Crescent Point Energy stock. The stock was sold at an average price of C$10.80, for a total value of C$70,200.00.

Crescent Point Energy Corp (TSE CPG) traded down C$0.03 on Friday, hitting C$8.81. Crescent Point Energy Corp has a 52-week low of C$8.08 and a 52-week high of C$16.64. The stock has a market capitalization of $4,810.00, a PE ratio of -8.23 and a beta of 1.11.

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. This represents a $0.36 dividend on an annualized basis and a dividend yield of 4.09%. The ex-dividend date of this dividend is Tuesday, February 27th. Crescent Point Energy’s dividend payout ratio (DPR) is presently -33.64%.

A number of equities research analysts have commented on the company. Barclays raised their price objective on Crescent Point Energy from C$11.00 to C$13.00 in a research report on Thursday, January 11th. CIBC raised their price objective on Crescent Point Energy from C$11.00 to C$12.50 in a research report on Tuesday, January 23rd. Royal Bank of Canada raised their price target on Crescent Point Energy from C$12.00 to C$13.00 and gave the stock a “sector perform” rating in a research note on Wednesday, January 10th. TD Securities raised their price target on Crescent Point Energy from C$15.00 to C$15.50 and gave the stock a “buy” rating in a research note on Wednesday, January 10th. Finally, National Bank Financial raised their price target on Crescent Point Energy from C$12.00 to C$16.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 9th.

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Crescent Point Energy Company Profile

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.

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

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