How to Buy Crescent Point Energy Stock
Crescent Point Energy Corp
Crescent Point Energy is a oil and gas company located in Alberta, Canada, which is part of the Energy sector, and is traded under the ticker CPG on the NYSE exchange.
Crescent Point Energy stock last closed at $9.00, up 1.69% from the previous day, and has increased 23.63% in one year. It has overperformed other stocks in the Oil & Gas E&P industry by 0.01 percentage points. Crescent Point Energy stock is currently +49.25% from its 52-week low of $6.03, and -0.77% from its 52-week high of $9.07.
As of Apr 25, 2024, there are 619.93M CPG shares outstanding. The market cap of CPG is $5.58B. In the last 24 hours, 3.71M CPG shares were traded.
How to Buy Crescent Point Energy Stock
Not sure how to invest in Crescent Point Energy stock? Here's how.
- Choose where to buy Crescent Point Energy stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you determine where to buy Crescent Point Energy stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your investment account: Pick your method of payment and add your details.
- Analyze Crescent Point Energy stock: The Crescent Point Energy ticker symbol is CPG. Is Crescent Point Energy stock a good investment? Should you buy shares of CPG? How do CPG's underlying business fundamentals look? Do top analysts think Crescent Point Energy is a good buy? Why has CPG's stock price moved recently? (Hint: Our stock market analysis website can help you evaluate if CPG is a good stock to buy).
- Make your CPG buy order: Decide if you will purchase CPG shares at the current market price or use a limit order to buy CPG shares at a specific price.
- Keep tabs on your investment in CPG: Create a watchlist to get the latest news on your investment in Crescent Point Energy stock.
Step 1: Choose where to buy Crescent Point Energy stock
You will need an online brokerage account in order to access the NYSE market and buy CPG stock.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've selected your brokerage, you'll need to fill out some personal info so you are able to invest in CPG today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to start a new trading account.
- Submit your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've finished signing up on the best investment app, your next step is to transfer the money for your investment:
Check out the walkthrough below for more details transferring money into your new brokerage account.
Step 4: Analyze Crescent Point Energy stock
After you have figured out the best place to buy Crescent Point Energy stock, it's absolutely critical to evaluate their stock before you buy, so you actually wrap your head around the risk as well as the opportunity.
Crescent Point Energy stock data
CPG Overview
WallStreetZen was designed to help part-time investors do more accurate fundamental analysis quickly.
You can view all of the due diligence checks on CPG's stock page.
Is CPG stock undervalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge CPG's fair value.
Using relative valuations methods:
- CPG could be undervalued based on its P/E ratio of 11.57x, relative to Oil & Gas E&P industry P/E ratio of 15.49x
- CPG may be undervalued based on its P/B ratio of 1.1x, relative to Oil & Gas E&P industry P/B ratio of 2.17x
You can access more valuation analysis on CPG's stock here.
CPG Financial Health
Positive Financial Indicators:
- Total CPG debt is lower than 5 years ago, relative to shareholder equity.
- CPG has $191.11M in cash and short term investments. This is sufficient to cover its annual cash burn of $1.51B.
Negative Financial Indicators:
- CPG has a relatively high debt to equity ratio of 0.86.
- There are more long-term liabilities than short-term assets on the CPG balance sheet.
- CPG has cash burn of 1508518518. It does not have enough cash and short-term investments to cover this.
- There are more short-term liabilities than short-term assets on the CPG balance sheet.
- CPG profit margin has gone down from 47.9% to 16.9% in the past year.
You can dig deeper into what analysts are forecasting on the Crescent Point Energy stock forecast page.
CPG Momentum
CPG Growth Numbers
Last year, CPG earnings were $422.44M. During the last two year, CPG's earnings have grown by -50.67% per year. This was slower than the Oil & Gas E&P industry average of 12.91%.
Last year, CPG revenue was $2.49B. During the past five year, CPG's revenue has gone up by 1.84% per year. This was slower than the Oil & Gas E&P industry average of 19.16%.
Learn more about CPG's earnings and revenue performance here.
Who is buying/selling CPG?
Over the last 12 months, executives and large shareholders at CPG have not bought or sold any shares.
Research more about who owns CPG shares here.
Does CPG stock generate passive income?
Crescent Point Energy pays a dividend of 4.49%, compared to the Oil & Gas E&P industry's average dividend yield of 3.55%. If you owned $1,000 of CPG stock, you would have been paid $44.87 in the past 12 months.
Crescent Point Energy dividend payments have not consistently grown over the past decade and have not remained stable.
Dig into more info about Crescent Point Energy dividend yield and history here.
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Step 5: Make your CPG buy order
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly fine. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at an exact price limit, use a limit order.
Hit the Open Trade button and eToro will execute the order.
If you need more info about investing in stocks on eToro, watch the helpful video below:
Step 6: Keep tabs on your investment in CPG
Now that you own some shares in CPG, you'll want to stay up-to-date on your new shares.
Create a watchlist to keep tabs on your CPG stock.
CPG Feed
How to Buy Stock in Crescent Point Energy
To reiterate, here are the 6 steps to buy Crescent Point Energy stock:
- Choose where to buy Crescent Point Energy stock
- Open your brokerage account
- Fund your investment account
- Analyze Crescent Point Energy stock
- Make your CPG buy order
- Keep tabs on your investment in CPG
If you require a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to track your investment in Crescent Point Energy, create a watchlist today.
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