Crescent Point Financials

CPG Stock  USD 8.06  0.12  1.51%   
Based on the key indicators related to Crescent Point's liquidity, profitability, solvency, and operating efficiency, Crescent Point Energy is performing exceptionally good at this time. It has a great risk to report excellent financial results in April. At this time, Crescent Point's Cash is most likely to increase significantly in the upcoming years. The Crescent Point's current Cash And Short Term Investments is estimated to increase to about 28 M, while Other Current Liabilities is projected to decrease to roughly 118.9 M. Key indicators impacting Crescent Point's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.310.5404
Way Down
Slightly volatile
Current Ratio0.460.7645
Way Down
Pretty Stable
The financial analysis of Crescent Point is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Crescent Point includes many different criteria found on its balance sheet. For example, investors should never minimize Crescent Point's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Crescent Point's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Crescent Point.

Net Income

598.82 Million

With this module, you can analyze Crescent financials for your investing period. You should be able to track the changes in Crescent Point individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Crescent Point Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Crescent Point's financial statements are interrelated, with each one affecting the others. For example, an increase in Crescent Point's assets may result in an increase in income on the income statement.
Evaluating Crescent Point's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Crescent Point's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Crescent Point's relative financial performance

Chance Of Distress

Less than 36

 
100  
 
Zero
Below Average
Crescent Point Energy has less than 36 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Crescent Point stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Crescent Point's odds of distress score SHOULD NOT be confused with the real chance of Crescent Point Energy filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Crescent is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Crescent Point's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More Info
The data published in Crescent Point's official financial statements usually reflect Crescent Point's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Crescent Point Energy. For example, before you start analyzing numbers published by Crescent accountants, it's critical to develop an understanding of what Crescent Point's liquidity, profitability, and earnings quality are in the context of the Oil, Gas & Consumable Fuels space in which it operates.
Please note, the presentation of Crescent Point's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Crescent Point's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Crescent Point's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Crescent Point Energy. Please utilize our Beneish M Score to check the likelihood of Crescent Point's management manipulating its earnings.

Crescent Point Company Summary

Crescent Point competes with Playtech Plc, Playa Hotels, Atlantic American, MGIC Investment, and Cincinnati Financial. 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.
Foreign Associate
  Canada
Specialization
Energy, Oil & Gas E&P
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINCA22576C1014
CUSIP22576C101
LocationAlberta; Canada
Business Address585 8th Avenue
SectorOil, Gas & Consumable Fuels
IndustryEnergy
BenchmarkNYSE Composite
Websitewww.crescentpointenergy.com
Phone403 693 0020
CurrencyUSD - US Dollar
You should never invest in Crescent Point without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Crescent Stock, because this is throwing your money away. Analyzing the key information contained in Crescent Point's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Crescent Point Key Financial Ratios

Generally speaking, Crescent Point's financial ratios allow both analysts and investors to convert raw data from Crescent Point's financial statements into concise, actionable information that can be used to evaluate the performance of Crescent Point over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Crescent Point Energy reports annually and quarterly.

Crescent Point Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets10.1B6.6B9.2B9.5B12.8B8.7B
Other Current Liab543M421.2M159.6M227.2M183.8M118.9M
Other Liab1.1B985.8M925.7M752M864.8M612.1M
Net Tangible Assets5.1B2.6B5.2B6.3B7.2B7.6B
Net Debt3.0B2.4B2.1B1.3B3.7B1.9B
Retained Earnings(11.6B)(14.2B)(11.8B)(10.6B)(10.2B)(9.7B)
Accounts Payable479.4M311.6M450.7M448.2M634.9M410.9M
Cash56.9M8.8M13.5M289.9M17.3M25.1M
Other Assets1.0B1.6B721.3M381.6M438.8M373.3M
Long Term Debt2.7B2.0B1.7B902.8M3.2B1.7B
Net Receivables295.9M200.5M314.3M327.8M457.1M239.5M
Good Will230.9M223.3M211.5M203.9M275.9M179.4M
Other Current Assets278.7M69.4M83.1M371.5M654.8M687.5M
Total Liab4.7B3.8B3.8B3.0B5.9B3.5B
Short Long Term Debt201M221.6M278.1M538.7M380M399M
Total Current Assets631.5M278.7M410.9M989.2M1.1B1.1B
Short Term Debt232.3M248M303.6M563.6M420.5M241.5M
Common Stock16.4B16.5B16.7B16.4B17.1B10.0B
Long Term Debt Total4.2B2.9B2.2B1.8B1.6B2.6B
Capital Surpluse41.4M35.1M19.7M17.5M15.8M15.0M

Crescent Point Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Crescent Point's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense170.4M94.6M88.9M64.7M126M76.7M
Total Revenue2.9B1.5B2.8B4.0B3.2B2.0B
Gross Profit14.7M(2.9B)1.9B2.8B2.2B2.3B
Operating Income(820.8M)(3.5B)1.2B2.0B1.1B1.2B
Ebit(820.8M)(3.5B)1.2B2.0B1.1B1.2B
Ebitda1.9B722.3M1.9B2.9B2.2B1.3B
Income Before Tax(1.2B)(3.1B)3.2B1.9B1.1B1.1B
Net Income(1.0B)(2.5B)2.4B1.5B570.3M598.8M
Income Tax Expense(159M)(627.6M)799.7M387.9M253.7M266.4M
Cost Of Revenue2.9B4.4B936.4M1.2B963.3M1.6B
Tax Provision(159M)(627.6M)799.7M387.9M253.7M266.4M
Interest Income253.2M172.3M84.3M565M649.8M682.2M
Net Interest Income(170.4M)(94.6M)(88.9M)(64.7M)(126M)(132.3M)

Crescent Point Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Crescent Point Energy. It measures of how well Crescent is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Crescent Point brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Crescent had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Crescent Point has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change In Cash41.6M(48.1M)4.7M276.4M(272.6M)(259.0M)
Free Cash Flow436.7M161.7M819.7M1.2B975.2M1.0B
Depreciation2.8B4.3B(1.6B)951.7M1.2B1.3B
Other Non Cash Items193M(318M)(101.8M)(621.8M)(13.1M)(13.8M)
Capital Expenditures1.3B698.8M676.1M1.0B1.2B1.1B
Net Income(1.0B)(2.5B)2.4B1.5B570.3M598.8M
End Period Cash Flow56.9M8.8M13.5M289.9M17.3M16.4M
Change To Inventory16.5M79M(99M)3.5M97.8M102.7M
Investments(345M)(269M)12.6M(860.6M)(4.2B)(4.0B)
Net Borrowings(1.2B)(662.5M)(273.4M)(640.7M)(576.6M)(547.8M)
Dividends Paid22M9.4M47.8M200.6M(211.9M)(201.3M)
Change To Netincome86.9M(909.9M)793M308.8M277.9M291.8M

Crescent Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Crescent Point's current stock value. Our valuation model uses many indicators to compare Crescent Point value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Crescent Point competition to find correlations between indicators driving Crescent Point's intrinsic value. More Info.
Crescent Point Energy is number one stock in number of shares shorted category among related companies. It is number one stock in book value per share category among related companies . The ratio of Number Of Shares Shorted to Book Value Per Share for Crescent Point Energy is about  1,025,697 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Crescent Point by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Crescent Point's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Crescent Point's earnings, one of the primary drivers of an investment's value.

Crescent Point Energy Systematic Risk

Crescent Point's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Crescent Point volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Crescent Point Energy correlated with the market. If Beta is less than 0 Crescent Point generally moves in the opposite direction as compared to the market. If Crescent Point Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Crescent Point Energy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Crescent Point is generally in the same direction as the market. If Beta > 1 Crescent Point moves generally in the same direction as, but more than the movement of the benchmark.

About Crescent Point Financials

What exactly are Crescent Point Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Crescent Point's income statement, its balance sheet, and the statement of cash flows. Potential Crescent Point investors and stakeholders use financial statements 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. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Crescent Point Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Crescent Point is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Crescent has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Crescent Point's financials are consistent with your investment objective using the following steps:
  • Review Crescent Point's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Crescent Point's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Crescent Point's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Crescent Point's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

Crescent Point Thematic Clasifications

Crescent Point Energy is part of Petroleum and Natural Gas investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Petroleum and Natural Gas industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
Petroleum and Natural GasView
This theme covers USA Equities from Petroleum and Natural Gas industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Crescent Point Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Crescent Point's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Crescent Point growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.13)

At this time, Crescent Point's Price Earnings To Growth Ratio is most likely to increase slightly in the upcoming years.

Crescent Point March 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Crescent Point help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Crescent Point Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Crescent Point Energy based on widely used predictive technical indicators. In general, we focus on analyzing Crescent Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Crescent Point's daily price indicators and compare them against related drivers.
When determining whether Crescent Point Energy is a strong investment it is important to analyze Crescent Point's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Crescent Point's future performance. For an informed investment choice regarding Crescent Stock, refer to the following important reports:
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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

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.
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Money Managers
Screen money managers from public funds and ETFs managed around the world
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
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.