Crescent Point Energy Corp (NYSE: VRN). Extremely significant negative changes in fundamentals have recently occurred: significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, the consensus estimate for December, 2025 decreased significantly, and the consensus estimate for December, 2024 decreased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of A. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, CPG is expected to continue to be a modest Value Builder.
Crescent Point Energy has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Crescent Point Energy has a neutral Power Rating of 56 but a very high Appreciation Score of 96, producing the Highest Value Trend Rating.
Recent Price Action
Crescent Point Energy Corp (NYSE: VRN) stock declined by -2.4% on 9/13/24. The shares closed at $6.20. Moreover, unusually high trading volume at 165% of normal accompanied the decline. The stock has declined -5.9% during the last week but has been strong relative to the market over the last nine months.
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