Insider Selling: Crescent Point Energy Corp (CPG) Director Sells C$27,240.00 in Stock
Crescent Point Energy Corp (TSE:CPG) (NYSE:CPG) Director D. Hugh Gillard sold 3,000 shares of the business’s stock in a transaction dated Tuesday, December 12th. The stock was sold at an average price of C$9.08, for a total transaction of C$27,240.00.
Crescent Point Energy Corp (TSE CPG) traded down C$0.20 during trading on Friday, reaching C$8.29. The company’s stock had a trading volume of 6,053,723 shares, compared to its average volume of 2,685,857. Crescent Point Energy Corp has a 1-year low of C$8.08 and a 1-year high of C$19.16.
Several equities analysts have recently issued reports on the stock. TD Securities cut their price objective on shares of Crescent Point Energy from C$16.00 to C$15.00 and set a “buy” rating on the stock in a report on Friday, October 27th. Barclays cut their price objective on shares of Crescent Point Energy from C$12.00 to C$11.00 in a report on Monday, October 30th. Finally, BMO Capital Markets cut their price objective on shares of Crescent Point Energy from C$14.00 to C$13.00 in a report on Tuesday, October 10th.
Crescent Point Energy Corp. (Crescent Point) is a Canada-based oil and gas exploration, development and production company. The Company is an oil and gas producer with assets consisting of light and medium oil and natural gas reserves in Western Canada and the United States. Its crude oil and natural gas properties and related assets are located in the provinces of Saskatchewan, Alberta, British Columbia and Manitoba, and the states of North Dakota, Montana, Colorado and Utah.
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