Crescent Point Energy Corp.
CPG
Rank in Stocks
#3656
Crescent Point Energy Corp. specializes in the exploration, development, and... Crescent Point Energy Corp. specializes in the exploration, development, and extraction of energy resources, specifically light and medium crude oil, natural gas liquids, and natural gas. The company's operations extend across Western Canada and the United States. Its oil and gas assets, along with supporting infrastructure, are distributed throughout the Canadian provinces of Saskatchewan, Alberta, British Columbia, and Manitoba, as well as the U.S. states of North Dakota and Montana. Founded in 1994, Crescent Point Energy's corporate headquarters are located in Calgary, Canada.
Share Price
$7.99
Last synced: 2024-06-10
Market Cap
$4.61B
Change (1 day)
2.26%
Change (1 year)
33.02%
Country
CA
Trade Crescent Point Energy Corp. (CPG)
Category
Energy
P/E ratio for Crescent Point Energy Corp. (CPG)
P/E ratio as of October 2026 TTM: 19.42
According to Crescent Point Energy Corp. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.42. At the end of 2023 the company had a P/E ratio of 8.83.
P/E ratio history for Crescent Point Energy Corp. from 2016 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 19.42 | 16.29% |
| 2024 | 16.70 | 89.09% |
| 2023 | 8.83 | 139.29% |
| 2022 | 3.69 | 127.08% |
| 2021 | 1.63 | -360.49% |
| 2020 | -0.62 | -79.60% |
| 2019 | -3.06 | 251.97% |
| 2018 | -0.87 | -97.94% |
| 2017 | -42.12 | 316.88% |
| 2016 | -10.10 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 18.83 | -3.05% |
US
|
|
| 7.14 | -63.24% |
HK
|
|
| - | - |
CA
|
|
| - | - |
US
|
|
| 11.93 | -38.55% |
US
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.