Crescent Point Energy
CRESCENT POINT ENERGY (CPG) Stocks
ABOUT CRESCENT POINT ENERGY
Crescent Point Energy Corp. is an exploration, development and production company. Its portfolio includes natural gas as well as light and medium crude oil reserves across the United States and Western Canada.
The company’s assets are in Saskatchewan, Manitoba, Alberta and British Columbia as well as North Dakota, Utah and Montana.
Crescent Point Energy Corp. employs approximately 1 000 people and is headquartered in Calgary, Alberta, Canada.
OVERVIEW OF CRESCENT POINT ENERGY
Crescent Point Energy Corp. is founded in 2001 and starts trading on the TSX Venture Exchange the same year. During 2002 the company is listed on the Toronto Stock Exchange. It merges with Tappit Resources in 2003 and is converted into an income trust.
In February 2007 the company buys Mission Oil and Gas for a price of $ 628 million. The same year the company buys a large position in Williston Basin’s Viewfield Bakken oil field.
During the next few years Crescent Point Energy Corp. expands its Three Forks play north and south of the border. The company changes from an income trust to a normal corporation in 2009. During 2010 Crescent Point Energy Corp.
Purchases several Lower Shaunavon properties from Penn West Energy Trust. In 2014 Crescent Point Energy Corp. starts trading on the New York Stock Exchange. In May 2015 the company buys Legacy Oil and Gas for a price of $ 1.5 billion.
More acquisitions take place during the following years that expands the company’s portfolio considerably.
VISION & VALUES OF CRESCENT POINT ENERGY
Crescent Point Energy Corp. values sustainability, its responsibilities, integrity, ethical standards and transparency. Crescent Point Energy Corp’s mission is to provide superior shareholder returns by operating cost-effectively.
The company’s vision is to be an industry leader by providing quality products and services to its customers.
Crescent Point Energy Corp. is committed to the health and safety of its employees, environment and communities from which it serves. Crescent Point Energy Corp. is awarded as one of Alberta’s Top 75 employers and has reduced its emissions by 12 percent.
It takes its climate-related responsibilities very seriously and ensures its environmental performance and compliance meets all regulatory standards. It conserves water and energy and protects its natural resources.
MARKET PERFORMANCE OF CRESCENT POINT ENERGY
Crescent Point Energy Corp. trades on the Toronto Stock Exchange under the TSX stock symbol CPG.
Data analysis for the company’s third quarter for the period ending September 30, 2019 reports cash flow from operating activities are $ 402.2 million. Adjusted funds flow from operations are $ 389.2 million. Adjusted net earnings from operations are $ 32.6 million.
Adjusted diluted net earnings from operations per share are $ 0.06. Accumulated dividends per share at the end of the reported period are $ 32.19.
Total capital expenditures are $ 175.1 million. Oil and gas sales in the period are $ 769.1 million.
Buy CRESCENT POINT ENERGY stocks / shares – ? A Step by Step Guide how to Buy / Purchase CRESCENT POINT ENERGY Stocks or Shares online.
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy CRESCENT POINT ENERGY Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN CRESCENT POINT ENERGY STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a $5 stock, multiply 100 by $5 to get $500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE CRESCENT POINT ENERGY STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of CRESCENT POINT ENERGY stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy CRESCENT POINT ENERGY stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?