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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: $16.8100 on 2016-09-23

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Date Signal Expert Opinion Price
2016-09-23 COMMENT Greg Newman

He doesn’t know if oil is going to recover right away, but if it does it will be really good for this company. They just came to market with another big deal recently and it could be argued that they raised their share count by almost 7%. When looking at the metrics, he sees cash flow per share is set to fall from 2015 to 2017 by 5% per year, which is not uncommon in the oil patch. Right now the stock is very cheap and the deal they just did falls to their balance sheet which gives them time to wait out lower oil for longer, or gives them a better war chest to be opportunistic and make acquisitions. The key to all these companies is the balance sheet. If you like oil, at this level you can buy this. The dividend is sustainable even at $45 oil.


Price:
$16.810
Subject:
CANADIAN DIVIDEND & DEFENSIVE STRATEGIES
Bias:
UNKNOWN
Owned:
Unknown
2016-09-21 COMMENT Nick Majendie

Well-run. If he were adding another company to his portfolio, this would be a candidate. They have good production growth ahead of them and they have put their balance sheet in shape. Management has a pretty good track record and he thinks it will continue.


Price:
$17.510
Subject:
CANADIAN LARGE
Bias:
UNKNOWN
Owned:
No
2016-09-16 PAST TOP PICK Swanzy Quarshie

(A Top Pick Sept 2/15. Up 7.79%.) A great story. Long-term you essentially have a free cash flow operation, and lots of upside to the oil price. Unfortunately, the perception is that they have created some dilution with the equity raise they did. A very prudent management team that doesn’t like to employ too much debt.


Price:
$16.620
Subject:
OIL & GAS
Bias:
BULLISH on ENERGY
Owned:
Yes
2016-09-15 COMMENT Daniel Lloyd

They got their money from that financing last week.  He likes it down here.  If the industry got particularly bullish on oil then it could become a takeover target.


Price:
$17.140
Subject:
CANADIAN
Bias:
BEARISH on BONDS
Owned:
No
2016-09-14 COMMENT Jim Huang

Their latest equity issue certainly hasn’t gone very well, and that is overhanging the stock. The street is questioning why they have to do a big equity issue, which has been a criticism in the past. Management wants to finance their incremental growth with equity, just in case the commodity price comes back down.


Price:
$17.040
Subject:
NORTH AMERICAN
Bias:
UNKNOWN
Owned:
Yes
2016-09-13 COMMENT Christine Poole

Has been a long-term holder of this, although hasn’t been buying in the last 1.5 years. She felt that energy still had some weakness behind it. They did an equity issue last week at a 5% discount to what the stock was trading at. That was disappointing.


Price:
$17.180
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2016-09-12 BUY Craig Porter

A good dividend-paying company.  A high quality company with long life assets.  People are always afraid the company is going to buy something and it sold off recently.  It is cheap relative to other companies.  The yield is down to about 2% now.


Price:
$18.250
Subject:
RESOURCE
Bias:
UNKNOWN
Owned:
Yes
2016-09-09 COMMENT Norman Levine

For many years this company was a serial buyer of other oil companies, and a serial issuer of stock. That was great for brokers and investment bankers, but the stock wasn’t going anywhere because of all that dilution. They said that they would not do that again for quite some time, and yesterday they decided to do it again, which the market clearly did not like.


Price:
$18.150
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2016-09-08 COMMENT Steve Belisle

Pretty decent management and good assets. The one thing he doesn’t like is that over the past 10 years they have been growing through acquisitions, which have been funded with a lot of equity issues. He prefers companies that are able to self fund their growth, rather than issuing equity.


Price:
$20.260
Subject:
NORTH AMERICAN DIVIDENDS
Bias:
CAUTIOUS
Owned:
Unknown
2016-08-30 PAST TOP PICK Eric Nuttall

(A Top Pick Aug 25/15. Up 71.25%.) At the current price, this is not a Hold, but in the next 2 months it is his intention to Buy below $20. If he can get it in the high $18-low $19, he would buy it aggressively. Thinks this is a $28 stock 2 years out at $65 oil in 2018.


Price:
$20.390
Subject:
CANADIAN ENERGY & SMALL CAP
Bias:
UNKNOWN
Owned:
No
2016-08-24 COMMENT Keith Richards

This fell along with the other oils, and now it is starting to build. There are a series of higher highs and higher lows. It looks okay, and as long as the short term trend is not broken and it continues to make higher highs and higher lows, he would Buy it.


Price:
$20.670
Subject:
TECHNICAL ANALYSIS
Bias:
BEARISH
Owned:
Unknown
2016-08-24 COMMENT Michael Sprung

Since they cut their dividend, they are now cash flow positive. This is an extremely well-run oil/gas company. Have been tremendous acquirers of land with great drilling potential. They have drilling potential going out several years. This is only selling at about 6X cash flow. Feels it still has some upside potential. Dividend yield of 1.7%.


Price:
$20.670
Subject:
CANADIAN LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2016-07-29 PAST TOP PICK Eric Nuttall

It seems to have found pretty good support @$19.  He believes that the large caps are fairly to overvalued.  CPG-T eliminated the drip.  They have a strong balance sheet and strong hedges.  Below $19 it is a fair buy.


Price:
$19.090
Subject:
ENERGY & SMALL CAP EQUITIES
Bias:
BULLISH on ENERGY
Owned:
Yes
2016-07-27 COMMENT Bill Harris, CFA

Whitecap (WCP-T), Crescent Point (CPG-T) or Cardinal Energy (CJ-T)? Crescent Point and Whitecap are very similar and would be on his list. This company really seems to be hunkering down and trying to work with what they have. Very disciplined. This is the one that he would gravitate towards.


Price:
$18.900
Subject:
RESOURCE & INFRASTRUCTURE
Bias:
UNKNOWN
Owned:
No
2016-07-25 BUY on WEAKNESS Ryan Bushell

Of the Canadian light oil producers, he thinks this is the best on the senior side. Great management team and good operators. The dividend yield has gone down with the recent dividend cut, but he understands that they had to do it. Management runs the company for the long-term. They buy large oil in-place resources that they can exploit over time. This has a very long cash flow stream. We have had a recent run with oil prices and they have dropped off a bit. Oil companies are starting to soften during the summer, which is what is expected. He wants to see it get through the summer and see how the driving season finishes up for demand and inventory. Would look at this and others over the next few months for good entry points.


Price:
$19.010
Subject:
CANADIAN LARGE (DIVIDENDS)
Bias:
UNKNOWN
Owned:
Unknown
Showing 1 to 15 of 1,009 entries
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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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