Crescent Point Energy Aktie News

While passive-income providers tend to be established large-capitalization enterprises, that's not always the case as these under-$10 dividend stocks prove. To be sure, nothing is for free on Wall Street.

CALGARY, AB, March 20, 2024 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) announced today that it intends to change its name to Veren Inc. ("Veren") and will seek shareholder approval for the change at its upcoming Annual and Special Meeting of Shareholders ("AGM") on May 10, 2024. "Our new name and logo represent the culmination of our re...

Generally speaking, you want to minimize your exposure to cheap stocks under $10. Yes, smaller companies have the potential to rise dramatically higher than their larger counterparts.

CALGARY, AB , March 7, 2024 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) is pleased to announce the Toronto Stock Exchange ("TSX") has accepted its notice to implement a normal course issuer bid ("NCIB") to purchase, for cancellation, up to 61,663,522 common shares, or 10 percent of the Company's public float, as at February 29, 2024. The...

A record 39 new analysts joined us in February 2024, bringing fresh perspectives and ideas to the community.

Passive income usually denotes high-priced blue chips but certain cheap dividend stocks to buy can offer the best of all worlds. Yes, they're risky and you don't want to put all your eggs in one basket.

Crescent Point came through a transition resulting in 20+ years of drilling inventory but higher debt. The company generates a high excess cash flow yielding 13% for 2024 while growing fast and repaying its debt. The production profile is becoming gassier with higher decline rates.

Crescent Point Energy has transitioned from a zombie corporation to a cash generation machine. The company is now profitable enough to grow and pay a dividend. That is a rare accomplishment. Management's rare success in transforming the company puts it in a position to thrive. It also marks this management as excellent.