Crescent Point Energy Corporation Ordinary Shares (Canada) (CPG) Company Bio
Crescent Point Energy acquires, explores, develops, and produces oil and natural gas properties in Western Canada and the United States. The company was founded in 2001 and is based in Calgary, Canada.
CPG Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Crescent Point Energy Corp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Crescent Point Energy Corp ranked in the 91th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. The most interesting components of our discounted cash flow analysis for Crescent Point Energy Corp ended up being:
As a business, CPG is generating more cash flow than 84.79% of positive cash flow stocks in the Energy.
24% of the company's capital comes from equity, which is greater than merely 9.52% of stocks in our cash flow based forecasting set.
Crescent Point Energy Corp's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -6. This coverage rate is greater than that of just 10.77% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Crescent Point Energy Corp? See WMB, GPP, ENB, SNMP, and BPMP.
Crescent Point Energy (CPG) is a company with costs that are somewhat higher than the best. But management makes up for those higher cost by producing a high percentage of oil. That usually makes for superior margins. Lately, oil has been so out of favor as prices crashed to record...
Oil investors across the world have been waiting to see guidance with production increases, and we are finally starting to see some pop-up. Crescent Point Energy (CPG) was one of the first to show their confidence in the market by doing just that. Even as the price of oil hangs...
Graham Grieder on Seeking Alpha | September 8, 2020
Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) and (NYSE: CPG) is pleased to announce its operating and financial results for the quarter ended June 30, 2020. The Company's Board of Directors (the "Board") is also pleased to announce the appointment of a new director.