February 13 was a positive day for Crescent Point Energy Corp. (CPG:CA) as its stock finished the day having gained 5.8% to hit a price of $3.65 a share. The company reached a market cap of 2.01 billion and has 550.15 million shares outstanding. Crescent Point Energy Corp. is a component of the the S&P/TSX Composite Index.
4.87 million shares changed hands over the course of the day as compared to an average volume of 4.48 million over the last 30 days for Crescent Point Energy Corp..
Crescent Point Energy is an independent exploration and production company. At the end of 2017, the company had proved reserves of 630 million barrels of oil equivalent. 2017 production was 176,000/boe per day, weighted approximately 80% crude oil.. The company makes its home in Calgary, AB, and is currently under the leadership of CEO Scott Saxberg.
Crescent Point Energy Corp. has hit a high of $11.81 and reached a low of $3.24 over its last year of trading. The stock’s 50-day SMA is now $4.10 and 200-day SMA is $7.19. As for its price valuations, the P/E ratio is at 0 and P/B is now 0.23.
Launched in 1977, the S&P/TSX Composite Index is widely recognized as the benchmark gauge for the broader Canadian equity market. According to TMX, the index cover approximately 95% of the Canadian equities market and only Canadian-based companies listed on the Toronto Stock Exchange are eligible to be included in the index.