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Crescent Point Energy (Crescent Point Energy) 6-Month Price Index : 1.14 (As of Apr. 28, 2024)


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What is Crescent Point Energy 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-04-28), Crescent Point Energy's 6-Month Price Index is 1.14.

Competitive Comparison of Crescent Point Energy's 6-Month Price Index

For the Oil & Gas E&P subindustry, Crescent Point Energy's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Crescent Point Energy  (NYSE:CPG) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Crescent Point Energy  (NYSE:CPG) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

Crescent Point Energy 6-Month Price Index Related Terms

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Crescent Point Energy (Crescent Point Energy) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Crescent Point Energy Corp (NYSE:CPG) » Definitions » 6-Month Price Index
Comparable Companies
TSX:PSK TSX:WCP TSX:SCR TSX:ERF TSX:MEG TSX:BTE TSX:POU TSX:ATH TSX:PEY TSX:VET COP HKSE:00883 TSX:CNQ EOG PXD OXY HES MIC:NVTK ASX:WDS FANG
Traded in Other Exchanges
016:Germany 016:Germany CPG:Canada
Address
585 - 8th Avenue S.W., Suite 2000, Calgary, AB, CAN, T2P 1G1
Website
https://www.crescentpointenergy.com
Crescent Point Energy Corp is an independent exploration and production company. It is engaged in acquiring, developing, and holding interests in petroleum and natural gas properties and assets related thereto through a general partnership and wholly-owned subsidiaries. The company generates maximum revenue from Oil and gas sales.