Viewing Company Crescent Point Energy Corp | StockChase
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Compiling comments that experts make about stocks while on public TV.

Crescent Point Energy Corp Stock Symbol: CPG-T

Last Price Recorded: $20.5900 on 2016-05-02

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Date Signal Expert Opinion Price
2016-04-28 BUY Bruce Campbell (1)

He really likes this. There was a CAP conference in Toronto 2 weeks ago, where management gave an excellent presentation. They are doing all the right things. They are in Utah and Saskatchewan, not Alberta too much. Good growth. Cut the dividend down to where, even at strip pricing in the $30s, they would be profitable and generate some free cash flow. Thinks it goes to $24-$25 if oil goes sideways, and higher than that if oil goes higher.


Price:
$21.420
Subject:
CANADIAN LARGE
Bias:
OPTIMISTIC
Owned:
Unknown
2016-04-25 BUY James Rife

It has transitioned from a high payout stock and found religion in managing their dividend.  Investors are very interested in this one.  It was punished.  This is kind of a goto name for oil beta.  If you believe in the energy rally this is posed to outperform the XEG-T ETF.


Price:
$21.120
Subject:
CANADIAN
Bias:
BULLISH
Owned:
Unknown
2016-04-22 COMMENT Josef Schachter

Probability of foreign entities taking out a major producer like this? Thinks this is probably a good idea, but these are the kinds of things that are not going to happen very quickly. This company has done a great job on their hedge book, and still have $1 billion of hedges. BV is $22.05. Any time a stock gets close to BV, it’s a cheap story, and any time you see this trading below BV he thinks it is a great buy. This company is very astute.


Price:
$21.900
Subject:
OIL & GAS
Bias:
BEARISH on ENERGY
Owned:
Unknown
2016-04-19 WEAK BUY David Burrows

Of the key themes in this market is something called beta. Resources and basic materials have been part of that. This stock is really, so far, a retracement of some of the losses over the last 2 years. When you have a bust, things may go down 65%-70%, which oil did, and will very often have as much is a 50% bounce off the bottom, as people go looking for the money they lost on the way down. You have to go through a long period of restructuring in the industry before you ever get a sustainable rally. This company built its business on growth, making acquisitions and growing their production, but they don’t have a balance sheet to make those kinds of accretive acquisitions today, so it is going to be difficult. You’re not going to get hurt too badly right, but he would prefer longer-term to look at a different sector.


Price:
$21.080
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Unknown
2016-04-11 PARTIAL BUY James Telfser

(Market Call Minute.) Would rate this as a half-buy given his views on energy and their great long-life assets.


Price:
$18.410
Subject:
CANADIAN
Bias:
OPTIMISTIC
Owned:
Unknown
2016-04-07 TOP PICK Eric Nuttall

Don’t think about it as a dividend payer.  They are more interested in institutional money.  As oil appreciates they can grow faster than consensus would say.  Money will come out of companies like SU-T and much of it will go into this company.


Price:
$17.530
Subject:
OIL & GAS
Bias:
BULLISH on OIL
Owned:
Yes
2016-04-05 COMMENT Zachary Curry

This is on his list. The reduction in their dividend was a really meaningful step. In effect management is saying that they cannot pay this out anymore. This could be one of the better names coming out of this environment. Have great assets. Also, have not borrowed as heavily as other companies. He would be a buyer at the right price.


Price:
$17.100
Subject:
NORTH AMERICAN - LARGE
Bias:
DEFENSIVE
Owned:
No
2016-03-28 HOLD Michael Sprung

He owns a little.  They finally reduced their dividend to a much more manageable level.  It shows management can act prudently.  This one still looks a little expensive at these levels.  They are a well managed company.


Price:
$17.820
Subject:
CANADIAN LARGE
Bias:
CAUTIOUS
Owned:
Yes
2016-03-21 TOP PICK Robert Lauzon

They are making money here and just slashed their dividend.  They can make acquisitions without issuing equity now.  He thinks they will acquire to increase earnings per share. 


Price:
$18.590
Subject:
ENERGY & INFRASTRUCTURE
Bias:
OPTIMISTIC
Owned:
Yes
2016-03-15 BUY Bruce Campbell (1)

(Market Call Minute.) This is his only oil holding, and he would be a buyer under $18.


Price:
$17.890
Subject:
CANADIAN LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2016-03-14 HOLD Teal Linde

Don’t sell it.  Don’t buy more.  The problem is that the production was 176k barrels last year and they expect to do 165k this year.  They reduced their dividend to 2%.  Their valuation is lower than their peers.  He would slightly underweight this stock in a portfolio.


Price:
$17.910
Subject:
NORTH AMERICAN
Bias:
SELECTIVE
Owned:
Unknown
2016-03-11 COMMENT Bill Harris, CFA

These are cyclical stocks, so to buy something at the bottom really looks bad. When oil went below $30, no company in Canada was making money. If paying a dividend when you don’t make money and you don’t know how long it is going to be, no company should be paying a dividend. He likes this company, and if he gets his stars to line up correctly, he is probably going to own this again. The best company with oil leverage to get out of this situation.


Price:
$18.340
Subject:
RESOURCE
Bias:
UNKNOWN
Owned:
No
2016-03-10 HOLD Christine Poole

They are being prudent.  They cut back their cap X program as well as the dividend.  35% of this year’s production is hedged at $80.  They can still grow production and it is encouraging.  It speaks to their inventory of land.  There is still a bit of a yield.  It is a call on crude oil at this point.


Price:
$17.490
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US ECONOMY
Owned:
Unknown
2016-03-09 COMMENT Fabrice Taylor

This is one of those “go to” names when people want to get back into oil. Had a nice bounce from its low. His guess is that we are close to the bottom in oil. Would prefer buying an ETF, a safer way to play oil.


Price:
$17.350
Subject:
NORTH AMERICAN
Bias:
UNKNOWN
Owned:
No
2016-02-29 COMMENT Ryan Bushell

Hedges – when do they start to disappear?  They have 30% of their oil hedged over $85/barrel for the remainder of the year.  The next two years have about 10% hedged north of $80 and then it is nominal. 


Price:
$16.490
Subject:
CANADIAN LARGE (DIVIDENDS)
Bias:
SELECTIVE
Owned:
Yes
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1 Comment

mylund

December 19th 2013 at 12:44pm

Who would be railing their crude in North America?


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