TheScreener - Crescent Point Energy Corp. (CPG) CRESCENT POINT ENERGY sees a downgrade to Slightly Negative on account of less fundamental stars

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CRESCENT POINT ENERGY sees a downgrade to Slightly Negative on account of less fundamental stars

The independent financial analyst theScreener just lowered the general evaluation of CRESCENT POINT ENERGY (CA), active in the Exploration & Production industry. As regards its fundamental valuation, the title now shows 0 out of 4 stars while market behaviour can be considered moderately risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Slightly Negative. As of the analysis date November 19, 2021, the closing price was CAD 5.56 and its target price was estimated at CAD 4.04.

20/11/2021 6 EN

Underlying

Crescent Point Energy Corp.

Crescent Point Energy is an oil and gas exploration, development and production company with assets focused in properties consist of crude oil and natural gas reserves. Co. is engaged in acquiring, developing and holding interests in petroleum and natural gas properties and assets related thereto through a general partnership and wholly owned subsidiaries. As of Dec 31 2016, net proved reserves for light and medium crude oil were 141,850 million barrels, heavy crude oil were 19,993 million barrels, tight oil were 269,461 million barrels, natural gas liquids were 50,767 million cubic feet, shale gas were 221,238 million cubic feet and conventional natural gas were 115,041 million cubic feet.

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CA22576C1014 Toronto Stock Exchange Canada

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CRESCENT POINT ENERGY sees a downgrade to Slightly Negative on account of less fundamental stars

Empowering Investors

Crescent Point Announces CDN$500 Million Bought Deal Offering of Common Shares

Crescent Point Transforms Portfolio with Strategic Alberta Montney Consolidation

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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