|Bid||1.5100 x 47300|
|Ask||1.5400 x 40000|
|Day's Range||1.4800 - 1.5500|
|52 Week Range||0.5100 - 4.8400|
|Beta (5Y Monthly)||3.33|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.01 (0.48%)|
|Ex-Dividend Date||Jun. 12, 2020|
|1y Target Est||8.85|
TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange:Toronto Stock Exchange (15,596.75, down 25.65 points.)Harte Gold Corp. (TSX:HRT). Materials. Up three cents, or 23.08 per cent, to 16 cents on 4.7 million shares.The Bank of Nova Scotia (TSX:BNS). Financials. Up 54 cents, or 0.96 per cent, to $57 on 4.4 million shares.StageZero Life Sciences Ltd. (TSX:SZLS). Health care. Down half a cent, or 8.33 per cent, to 5.5 cents on 3.4 million shares.Moneta Porcupine Mines Inc. (TSX:ME). Materials. Down 2.5 cents, or 12.82 per cent, to 17 cents on 2.7 million shares.The Toronto-Dominion Bank (TSX:TD). Financials. Up five cents, or 0.08 per cent, to $60.65 on 2.5 million shares.Crescent Point Energy Corp. (TSX:CPG). Energy. Up six cents, or 2.69 per cent, to $2.29 on 2.2 million shares.Companies in the news:Organigram Holdings Inc. (TSX:OGI). Down 16 cents or 7.3 per cent to $2.03. Organigram Holdings Inc. is laying off at least 220 employees — and is warning more bad news could be on the way. The Moncton-based cannabis company said Friday the cuts will impact a quarter of its staff, but make the workforce leaner, more flexible and better prepared to align its production capacity with market conditions. The cuts will leave Organigram with a total workforce of 609 employees including 84 staff members who were previously temporarily laid off, but may be recalled if the company requires them. Organigram also said it will work to "right-size" production and review its assets. Both could cause Organigram to report a decline in net revenue in its forthcoming third quarter and incur writedowns on inventory and its Moncton facility, the company warned.Le Chateau Inc. (TSXV:CTU). Up 1.5 cents or 37.5 per cent to 5.5 cents. Le Chateau Inc. says it has started the manufacturing of up to 500,000 hospital gowns in partnership with Logistik Unicorp Inc. and its contract with the federal government. The retailer says all the gowns will be made in Canada. Le Chateau is a retailer and manufacturer of clothing, footwear and accessories for women and men. The company says it has historically manufactured about 30 per cent of its clothing in its own Canadian production facilities and is using them to produce the order. It is the latest Canadian firm to shift gears and start producing personal protective equipment for health care workers. Other clothing companies that have made the switch include Samuelsohn, Canada Goose and Arc'teryx.This report by The Canadian Press was first published July 3, 2020.The Canadian Press
CALGARY, AB , June 23, 2020 /CNW/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (CPG) (CPG) has released its 2020 Sustainability Report (the "Report") highlighted by an emissions intensity reduction target of 30 percent by 2025. The Report outlines the Company's latest progress and commitment to strong environmental, social and governance ("ESG") performance. An effective risk-management response to the COVID-19 pandemic, demonstrating continued operational excellence and showcasing how the Company prioritizes the safety of staff and its operating area communities.
Crescent Point (CPG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank 2 (Buy).
CALGARY , May 15, 2020 /CNW/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX and NYSE: CPG) received notice from the New York Stock Exchange ("NYSE") ...
CALGARY , May 14, 2020 /CNW/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX and NYSE: CPG) held its Annual and Special Meeting of Shareholders ("AGM" ...
With oil prices falling to zero, the share prices of the Birchcliff Energy stock and Crescent Point Energy stock might also drop to zilch. Both oil companies are standing on shaky ground that could give way at any moment.The post 2 Oil Stocks That Could Drop to $0 in 2020 appeared first on The Motley Fool Canada.
CALGARY — Crescent Point Energy Corp. reported a $2.32-billion first-quarter loss as it took a non-cash charge of $3.56 billion due to the plunge in oil prices.The company says the loss amounted to $4.40 per diluted share for the quarter ended March 31 compared with a profit of $1.9 million or less than a penny per diluted share a year ago.Crescent Point says its adjusted net earnings from operations totalled $48.7 million or nine cents per share for the quarter ended March 31 compared with $158.3 million or 29 cents per share in the first three months of 2019.The company slashed its capital spending plan and lowered its production guidance earlier this year due to the COVID-19 pandemic and a dramatic decline in oil prices.Crescent Point expects to capital spending to be between $650 million and $700 million, down from its original budget of more than $1 billion.Its annual average production forecast is for between 110,000 and 114,000 barrels of oil equivalent per day for 2020 if shut-in production remains off line for the remainder of the year.This report by The Canadian Press was first published May 6, 2020.Companies in this story: (TSX:CPG) The Canadian Press
Things don't look very good for Baytex Energy (TSX:BTE)(NYSE:BTE), Crescent Point (TSX:CPG)(NYSE:CPG) or Cenovus Energy (TSX:CVE)(NYSE:CVE). The post Will These 3 Top Oil Stocks Survive 2020? appeared first on The Motley Fool Canada.
CALGARY , April 29, 2020 /CNW/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX and NYSE: CPG) plans to report its first quarter 2020 financial and operating results ...
Check out these two oil companies that will struggle in the future!The post 2 Oil Stocks to Avoid During COVID-19 appeared first on The Motley Fool Canada.
Is Baytex Energy (TSX:BTE)(NYSE:BTE) or Crescent Point Energy (TSX:CPG)(NYSE:CPG) stock a contrarian buy?The post Contrarian Investors: Will Baytex Energy (TSX:BTE) or Crescent Point Energy (TSX:CPG) Disappear in 2020? appeared first on The Motley Fool Canada.
CALGARY, April 21, 2020 /CNW/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX and NYSE: CPG) will now hold its upcoming Annual and Special Meeting of Shareholders (the "AGM") solely by virtual means. The timing and process for voting by proxy remains unchanged and are described in detail in the information circular or the AGM notice previously mailed to shareholders. Crescent Point is proceeding with the AGM solely by virtual means due to the current public health crisis as a result of the COVID-19 pandemic and the order of Alberta's Chief Medical Officer of Health prohibiting indoor gatherings in excess of 15 people and requiring minimum social distancing.
Ottawa’s response to the dire situation in Canada’s energy patch is being likened to “a drop in the ocean” and a bad wedding gift from an out-of-touch older relative as a fresh batch of negative headlines cast gloom over the troubled sector.
CALGARY , April 20, 2020 /CNW/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX and NYSE: CPG) is taking additional action to further enhance the Company's long-term sustainability through additional cost reductions, and is including a revised 2020 outlook. Maintaining flexibility to further reduce capital expenditures, if necessary. "We have taken, and continue to take, meaningful action to enhance our long-term sustainability during this period of low commodity prices," said Craig Bryksa , President and CEO of Crescent Point.
How should the coronavirus outbreak impact your investing strategy in oil companies such as Crescent Point Energy (TSX:CPG)(NYSE:CPG) and Baytex Energy (TSX:BTE)(NYSE:BTE)?The post How to Invest in Oil During the Coronavirus appeared first on The Motley Fool Canada.
The next few months may not be good for Baytex Energy (TSX:BTE)(NYSE:BTE) or American Hotel Income Properties REIT (TSX:HOT.UN). They might even go bankrupt. The post Market Selloff: These 3 Stocks Could Go Bankrupt in 2020 appeared first on The Motley Fool Canada.
The parade of Canadian energy companies tightening their spending belts to cope with a global oil price rout that shows little sign of abating will be followed by a wave of survival-driven M&A activity.
CALGARY , March 16, 2020 /CNW/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX and NYSE: CPG) is revising its 2020 capital spending by approximately 35 percent in response to the recent decline in commodity prices. This conservative and disciplined approach demonstrates the Company's flexibility, focus on returns and prudent risk management to protect its balance sheet. "Our original plans for 2020 centered on returns, capital discipline, cost savings initiatives and balance sheet strength," said Craig Bryksa , President and CEO of Crescent Point.
Even if it's not a huge purchase, we think it was good to see that Craig Bryksa, the President of Crescent Point...
Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Crescent...
How will coronavirus impact energy stocks such as Crescent Point Energy (TSX:CPG)?The post Buy Energy Stocks Now -- But Wait on Commodities appeared first on The Motley Fool Canada.
NEW YORK, NY / ACCESSWIRE / March 5, 2020 / Crescent Point Energy Corp. (CPG) will be discussing their earnings results in their 2019 Fourth Quarter Earnings call to be held on March 5, 2020 at 12:00 PM ...