The stock of Crescent Point Energy Corp (TSE:CPG) is a huge mover today! About 2.31 million shares traded hands or 12.68% up from the average. Crescent Point Energy Corp (TSE:CPG) has risen 20.46% since February 5, 2016 and is uptrending. It has outperformed by 3.97% the S&P500.
The move comes after 9 months negative chart setup for the $8.92B company. It was reported on Sep, 13 by Barchart.com. We have $16.61 PT which if reached, will make TSE:CPG worth $446.00 million less.
Out of 5 analysts covering Crescent Point Energy (TSE:CPG), 3 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 60% are positive. Crescent Point Energy has been the topic of 23 analyst reports since September 16, 2015 according to StockzIntelligence Inc.
Crescent Point Energy Corp. is a Canada gas and oil exploration, development and production company. The company has a market cap of $8.92 billion. The Firm is an gas and oil producer with assets consisting of light and medium oil and natural gas reserves in Western Canada and the United States. It currently has negative earnings. The Company’s primary assets are the shares in Crescent Point Holdings Inc. (CPHI), shares in Crescent Point U.S.
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