stockchase picture

Compiling comments that experts make about stocks while on public TV.

Crescent Point Energy Corp Stock Symbol: CPG-T

Last Price Recorded: $15.1500 on 2016-02-07

Globe 5 day average
Google Discussions (view only)
yahoo discussion
Bloomberg
Date Signal Expert Opinion Price
2016-02-05 DON'T BUY Allan Meyer

They had said their dividend was safe, and then followed that by cutting it. Based on where we are with current oil prices, they may have to cut the dividend again. At these levels they are barely covering their cash costs, and are not able to spend enough money on maintaining their production to capital expenditures.


Price:
$15.150
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
No
2016-02-05 COMMENT Hap (Robert) Sneddon FCSI

In his view this as a bit more of a conservative energy stock. Chart shows a double bottom (August and January), which is quite interesting. That is where the market has seen value. You are probably going to find resistance right where we are right now. This is not a bad place. Dividend yield of 7.9% is a little high.


Price:
$15.150
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
No
2016-02-03 COMMENT Norman Levine

A name he would probably want to own when it is a good time to own energy stocks. For the most part, this company is not in Alberta. Has a decent balance sheet. Cut back on their spending and dividends. A good history of hedging production. They should be a survivor and a name you want to own in the future.


Price:
$14.770
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2016-02-01 COMMENT Brendan Caldwell

They had always done significant stock issues.  Now that energy prices are a lot lower, they cut their dividend.  It will trade in a range for a while. 


Price:
$14.690
Subject:
CANADIAN VALUE
Bias:
SELECTIVELY OPTIMISTIC
Owned:
Unknown
2016-01-28 WATCH Colin Stewart

The energy sector has been in under a lot of pressure.  This is the time to start doing homework on higher quality companies.  They generate good cash flow and have hedges in place.  The market is forward looking and there is a lot of bad news about oil.  When things swing a long way to one side, he tries to look at the other side.  CPG-T is a good quality name in the space. 


Price:
$14.800
Subject:
NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias:
UNKNOWN
Owned:
Unknown
2016-01-25 DON'T BUY Bill Carrigan

You wonder why it has been a favourite when you look at the chart.  We are below the financial crisis low.  There has been a volume increase during 2015.  We have probably had a bottom, but how high is it going to go?  There are better places to go.  It is for traders only.


Price:
$12.780
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
Unknown
2016-01-22 WAIT Michael Simpson, CFA

Crescent Point (CPG-T) or Whitecap (WCP-T)? Hasn’t cut its dividend for a while, and thinks they should cut. Wait until they make a decision on the dividend and look at it after that.


Price:
$13.980
Subject:
NORTH AMERICAN DIVIDENDS
Bias:
OPTIMISTIC
Owned:
Yes
2016-01-21 DON'T BUY Greg Newman

At the oil price he models, their dividend is sustainable. Debt to cash flow is pretty reasonable at about 2.2% at $50 oil. However, it is not sustainable at $30 oil. They do have some hedges for 2016-2017 below $40 oil. He doesn’t think any Canadian oil stocks are Buys here. 


Price:
$12.880
Subject:
CANADIAN DIVIDEND
Bias:
BULLISH
Owned:
Unknown
2016-01-20 BUY Douglas Kee

This company has great assets, and they are concentrated which is good. Also, has a good balance sheet. Their yield has gone up. They cut their dividend last year. If oil prices are $30 come the summer, they will likely cut their dividend again. If you have a 2-year horizon with this stock, he thinks you will be in good shape buying it here. He would rather buy when oil is $40 again, knowing that oil has bottomed.


Price:
$12.200
Subject:
CANADIAN DIVIDEND
Bias:
UNKNOWN
Owned:
Yes
2016-01-07 BUY Michael Sprung

Owns a little. For years he was a little jaundiced about the company, as they were really depending on their dividend reinvestment program to sustain what was a fairly large discipline. Over the last year or so, they really got religion and have cut back their dividend. Have also got much more disciplined about their capital programs. Recently announced that their forecasted budget for next year was going to be about 40% less then previously announced. On the positive side, this company owns great assets. If prices were better, they could be drilling for many, many years. Now is the time to be looking at this.


Price:
$13.080
Subject:
CANADIAN LARGE
Bias:
UNKNOWN
Owned:
Yes
2016-01-05 DON'T BUY David Baskin

Stock vs. Stock.  BTE-T vs. CPG-T.  He would prefer CPG-T for its assets if a gun was to his head.  It will still be there, but not sure if BTE-T will be around for long.


Price:
$15.510
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
No
2016-01-04 COMMENT Bruce Campbell (1)

It has a lot of growth coming in production.  If oil stays under $60 for a few more months a lot of their hedges would come off.  The dividend is in question.  It would be one of his favourites if oil did okay.


Price:
$15.710
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
Unknown
2016-01-04 DON'T BUY John Zechner

Now would not be a good time to get into it.  They have a lot of hedges so have done well so far.  Unless you get a really sharp recovery in the oil price, they will have a lot of problems when the hedges roll off.  They already cut the divided.  He is not comfortable with the sector at all.


Price:
$15.710
Subject:
NORTH AMERICAN - LARGE
Bias:
BEARISH
Owned:
Unknown
2015-12-31 COMMENT Eric Nuttall

His Top holding, and remains a mystery to him because it is materially cheaper than other names with inferior projects, balance sheets and dividend yields. Feels the dividend is safe. People are still hung up on the amount of paper they issued over the past few years. They did so to acquire a lot of properties. Management owns a lot of stock. In terms of quality, this company is in the top 10 in terms of quality in Canada.


Price:
$16.120
Subject:
OIL, GAS & SMALL-CAP CANADIAN
Bias:
OPTIMISTIC
Owned:
Yes
2015-12-30 COMMENT Norman Levine

Has a bit of this in some accounts. He likes this because it is not in Alberta and has a decent balance sheet. It has cut way back on its capital expenditures as well as its dividend. Not a bad one to own as far as oil stocks go.


Price:
$15.970
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
Showing 1 to 15 of 950 entries
<< < 1 2 3 4 5 > >>

1 Comment

mylund

December 19th 2013 at 12:44pm

Who would be railing their crude in North America?


You must be logged in to comment.