Crescent Point Ownership
| CPG Stock | USD 8.81 0.42 4.55% |
Shares in Circulation | First Issued 2003-09-30 | Previous Quarter 534.3 M | Current Value 559.1 M | Avarage Shares Outstanding 342.4 M | Quarterly Volatility 205.1 M |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
Crescent |
Crescent Stock Ownership Analysis
About 47.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.08. Some equities with similar Price to Book (P/B) outperform the market in the long run. Crescent Point Energy last dividend was issued on the 14th of March 2024. The entity had 120:100 split on the October 22, 2014. Crescent Point Energy Corp. explores, develops, and produces light and medium crude oil, natural gas liquids, and natural gas reserves in Western Canada and the United States. The company was incorporated in 1994 and is headquartered in Calgary, Canada. Crescent operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. It employs 748 people. For more info on Crescent Point Energy please contact Scott Saxberg at 403-693-0020 or go to https://www.crescentpointenergy.com.Besides selling stocks to institutional investors, Crescent Point also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Crescent Point's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Crescent Point's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
Crescent Point Quarterly Liabilities And Stockholders Equity |
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Less than 1% of Crescent Point Energy are currently held by insiders. Unlike Crescent Point's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Crescent Point's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Crescent Point's insider trades
Crescent Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Crescent Point is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Crescent Point Energy backward and forwards among themselves. Crescent Point's institutional investor refers to the entity that pools money to purchase Crescent Point's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Amvescap Plc. | 2023-12-31 | 5.5 M | Royal Bank Of Canada | 2023-12-31 | 4.4 M | Principal Financial Group Inc | 2023-12-31 | 3.7 M | Cibc World Markets Inc. | 2023-12-31 | 3.5 M | Scotia Capital Inc | 2023-12-31 | 3.4 M | Mackenzie Investments | 2023-12-31 | 3.3 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 3.2 M | American Century Companies Inc | 2023-12-31 | 3.1 M | Manufacturers Life Insurance Co | 2023-12-31 | 3 M | Riverstone Holdings Llc | 2023-12-31 | 41.8 M | Franklin Resources Inc | 2023-12-31 | 25.9 M |
Crescent Point Corporate Filings
6K | 3rd of April 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
13A | 2nd of January 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
| 7th of November 2023 Other Reports | ViewVerify | |
FWP | 6th of November 2023 A written communication used by offering participants to offer securities to the public or to solicit securities transactions. | ViewVerify |
Pair Trading with Crescent Point
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Crescent Point position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Crescent Point will appreciate offsetting losses from the drop in the long position's value.Moving together with Crescent Stock
| 0.97 | AR | Antero Resources Corp | PairCorr |
| 0.94 | PR | Permian Resources Financial Report 13th of May 2024 | PairCorr |
| 0.94 | SD | SandRidge Energy | PairCorr |
| 0.96 | SM | SM Energy | PairCorr |
Moving against Crescent Stock
| 0.73 | EP | Empire Petroleum Corp | PairCorr |
The ability to find closely correlated positions to Crescent Point could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Crescent Point when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Crescent Point - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Crescent Point Energy to buy it.
The correlation of Crescent Point is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Crescent Point moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Crescent Point Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Crescent Point can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crescent Point Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for Crescent Stock analysis
When running Crescent Point's price analysis, check to measure Crescent Point's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Crescent Point is operating at the current time. Most of Crescent Point's value examination focuses on studying past and present price action to predict the probability of Crescent Point's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crescent Point's price. Additionally, you may evaluate how the addition of Crescent Point to your portfolios can decrease your overall portfolio volatility.
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Is Crescent Point's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Crescent Point. If investors know Crescent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Crescent Point listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.33) | Dividend Share 0.4 | Earnings Share 1.07 | Revenue Per Share 5.846 | Quarterly Revenue Growth 0.078 |
The market value of Crescent Point Energy is measured differently than its book value, which is the value of Crescent that is recorded on the company's balance sheet. Investors also form their own opinion of Crescent Point's value that differs from its market value or its book value, called intrinsic value, which is Crescent Point's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Crescent Point's market value can be influenced by many factors that don't directly affect Crescent Point's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Crescent Point's value and its price as these two are different measures arrived at by different means. Investors typically determine if Crescent Point is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Crescent Point's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.