Crescent Point Energy in Focus: Stock Rallies 10.4% - Tale of the Tape


Crescent Point Energy Corp. (CPG) was a big mover last session, as the company saw its shares surge over 10% on the day. This jump can be attributable to solid volume too with far more shares changing hands than in a normal session. This reverses the recent downtrend for the company as the stock is now down about 34.4% in the past one-month time frame.

In the last 30 days, this company did not witness any estimate revisions and the Zacks Consensus Estimate has remained unchanged over the same period. However, the recent price action is encouraging, so make sure to keep a close watch on this firm in the near future.

Crescent Point Energy currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

A better-ranked oil and gas stock includes Sandridge Mississippian Trust II (SDR), carrying a Zacks Rank #1 (Strong Buy).

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