Crescent Enterprise Value over EBITDA from 2010 to 2024
| CPG Stock | USD 8.69 0.24 2.84% |
Enterprise Value Over EBITDA | First Reported 2010-12-31 | Previous Quarter 4.01247945 | Current Value 4.21 | Quarterly Volatility 1.2 K |
Check Crescent Point financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Crescent main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.4 B, Interest Expense of 76.7 M or Selling General Administrative of 101.6 M, as well as many exotic indicators such as Price To Sales Ratio of 1.49, Dividend Yield of 0.0635 or PTB Ratio of 0.69. Crescent financial statements analysis is a perfect complement when working with Crescent Point Valuation or Volatility modules.
Crescent | Enterprise Value over EBITDA |
About Crescent Point Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Crescent Point income statement, its balance sheet, and the statement of cash flows. Crescent Point investors use historical funamental indicators, such as Crescent Point's Enterprise Value over EBITDA, to determine how well the company is positioned to perform in the future. Although Crescent Point investors may use each financial statement separately, they are all related. The changes in Crescent Point's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Crescent Point's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Crescent Point Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Crescent Point. Please read more on our technical analysis and fundamental analysis pages.
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.
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 Earnings Call This Week | PairCorr |
| 0.98 | PR | Permian Resources Financial Report 13th of May 2024 | PairCorr |
| 0.96 | SD | SandRidge Energy | PairCorr |
| 0.98 | SM | SM Energy Financial Report 25th of April 2024 | PairCorr |
Moving against Crescent Stock
| 0.73 | EP | Empire Petroleum Corp Upward Rally | PairCorr |
| 0.62 | VIVK | Vivakor Report 23rd of May 2024 | 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 the analysis of Crescent Point Correlation against competitors. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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 1.06 | 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.