Viewing Company Crescent Point Energy Corp | StockChase
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Crescent Point Energy Corp Stock Symbol: CPG-T

Last Price Recorded: $16.3100 on 2017-02-21

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Date Signal Expert Opinion Price
2017-02-21 BUY Alex Ruus

One of Canada’s preeminent oil companies. The largest landholder on the Canadian Bakken play in Saskatchewan, and have built a very big company on the back of that. One of the more profitable oil plays. We are now in a bottoming and slowly rising process now with oil prices. This is probably one of the better plays in the Canadian energy patch. A lot of institutions have a sour taste because of past transactions. A good investment.


Price:
$16.310
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
Unknown
2017-02-17 COMMENT Hap (Robert) Sneddon FCSI

It is in the sights of an active investor.  There is this downtrend and will probably run into resistance around $17.  People are interested when you get two bottoms so close. 


Price:
$16.240
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
Unknown
2017-02-17 HOLD Christine Poole

She has been adding to the name for at least the last year and a half.  It is 90% oil and is leveraged to its price.  They are in Saskatchewan and Alberta.  Prior to the down turn in energy they were criticized for continually issuing equity to fund acquisitions.  In September of 2016, they came again to the market, but to strengthen their balance sheet and fund Cap-X.  They have lagged in this rally because of this.  We will hear more about what the activist investor wants to do.  She is going to hold on to it.


Price:
$16.240
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Yes
2017-02-16 BUY Fabrice Taylor

We are going into a rebound in oil prices.  It might be choppy and saw toothed, but he feels oil prices are going to firm up.  CPG-T is quite leveraged to oil prices so he would not sell it.  He would buy it.  It’s a "goto" name and gets put into the penalty box now and then.  It has a decent payout and he thinks the valuation will bounce back.


Price:
$15.070
Subject:
NORTH AMERICAN
Bias:
SELECTIVE
Owned:
Unknown
2017-02-16 DON'T BUY David Baskin

The problem with oil is that as soon as oil gets above $50, there are lots of operators ready jump into action.  The question is if CPG-T can be profitable with $50 oil.  Warrant Buffet believes oil prices will be contained forever.


Price:
$15.070
Subject:
NORTH AMERICAN - LARGE
Bias:
SELECTIVE
Owned:
Unknown
2017-02-10 COMMENT Craig Porter

The knock people have against this is that in the past they were always buying assets and issuing more paper, at lower prices a lot of the time. He likes the company. They have great assets in Saskatchewan and some in the US. They’ve drilling inventory for years to come. They are taking the best of the technology and drilling longer wells. They are improving their efficiencies. This is going to be a turnaround at some point.


Price:
$15.120
Subject:
RESOURCE
Bias:
BULLISH on OIL
Owned:
Unknown
2017-02-10 COMMENT Norman Levine

A stock he has liked, but hasn’t owned for a long time. They went through a period where they were serial acquirers and serial issuers of stock. They went through a time where they didn’t make acquisitions and didn’t buy any other companies, and he thought that was great, and then they went and did it again. He would rather be buying energy companies where they are not diluting him down every time they start to grow.


Price:
$15.120
Subject:
NORTH AMERICAN
Bias:
UNKNOWN
Owned:
No
2017-02-08 PAST TOP PICK Robert Lauzon

(A Top Pick March 21/16. Down 21.19%.) This has been a disappointment. When he recommended this, oil prices were lower. After he recommended it they raised money at about $19.30, and ever since, the stock has been under quite a lot of pressure. There was a lot of misinformation from the company stating they weren’t cutting the dividend, and then they did; they were going to raise equity, and then they did a $500 million equity deal. He still owns some, but has trimmed over the last 6 months.


Price:
$14.450
Subject:
GLOBAL DIVIDEND
Bias:
UNKNOWN
Owned:
Yes
2017-02-06 SELL Brian Acker, CA

He is so bearish on this one… We had a negative transit through EBV -1.  He has a $6.58 model price.  There are still bad times ahead. 


Price:
$14.060
Subject:
NORTH AMERICAN - LARGE
Bias:
BULL on FINANCIALS
Owned:
Unknown
2017-02-06 HOLD Keith Richards

The stock broke a long downtrend from 2014 and has been basing. From a bigger perspective, that is not a bad thing. Right now, this is in no man’s land and you can’t make a trading decision. If you own it already, he would continue to Hold to see if it could hold $12, and if it does you are probably safe for a while.


Price:
$14.060
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Unknown
2017-02-03 HOLD David Cockfield

Has great faith in this company’s management. They were a little slow in cutting their dividend. They are going to survive. Has some good land. They have lots of properties. Where people are worried about the US border tax they have lots of lands in North Dakota.


Price:
$14.790
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Unknown
2017-02-01 BUY Brendan Caldwell

This was a darling of the energy sector for many years. When it cut its dividend, that takes a long time to come back. The trajectory of dividend is far more important than magnitude. They had sustained their big dividend and their big capital spends through doing continuous equity offerings. Doesn’t think the border tax is going to affect Canadian energy stocks. This is still a very good play and a very low cost energy space in Canada, and not a bad way to participate.


Price:
$15.070
Subject:
CANADIAN VALUE
Bias:
OPTIMISTIC
Owned:
Yes
2017-02-01 COMMENT Michael Sprung

Whitecap Resources (WCP-T) or Crescent Point (CPG-T)? Two different types of companies. Whitecap is more of a growth company paying a dividend, while Crescent Point is much more mature. CPG-T pays a fairly good dividend.  They’ve amassed a great deal of property with a lot of drilling opportunities over the next number of years. He owns a little and is quite comfortable holding it as it has a good balance sheet. If looking for steady, long term prospects, this is probably the one you should stick with.


Price:
$15.070
Subject:
CANADIAN LARGE
Bias:
UNKNOWN
Owned:
Yes
2017-01-31 DON'T BUY Eric Nuttall

(Market Call Minute.) Probably a value trap. People have given up on the name. It is probably going to stay cheap for the foreseeable future.


Price:
$15.170
Subject:
ENERGY
Bias:
OPTIMISTIC
Owned:
Unknown
2017-01-23 BUY on WEAKNESS Larry Berman CFA, CMT, CTA

He sold it and took a small profit.  He trades very short term.  It is a great company and got a lot lower than when he bought it.  He does not like it here.  Wait for the next major down turn.


Price:
$15.390
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
No
2017-01-23 DON'T BUY Steve DiGregorio

Predominantly oil with very good assets. There are a couple of problems. The main one is that they have been a serial issuer of equity. The last one was around $19, so you are going to be bumping up against that level going forward. The yield is not very much right now, so you are kind of in the middle of nowhere right now.


Price:
$15.390
Subject:
CANADIAN DIVIDEND
Bias:
OPTIMISTIC
Owned:
No
2017-01-19 HOLD Ross Healy

One of two Canadian oil stocks that he thinks have upside potential.  Definitively hold it if you have it.  He likes this and IMO-N, having upside potential in the oil sector.


Price:
$15.910
Subject:
NORTH AMERICAN - LARGE
Bias:
SELECTIVE
Owned:
Unknown
2017-01-18 COMMENT Peter Hodson

A “go to” stock when oil runs, but in terms of quality names, he just doesn’t put this in the “good quality” category. There are some headwinds against it. He would rather own a company that doesn’t issue stock all the time. Not a bad company, but just not anywhere close to his favourite. (See Top Picks.)


Price:
$16.000
Subject:
CANADIAN SMALL & MIDCAPS
Bias:
UNKNOWN
Owned:
Unknown
2017-01-18 WAIT Greg Newman

This is becoming a much better name. He is now modelling $58 oil for 2017. Based on that, this is very cheap relative to its peers. Trading at about 6.6X versus its peers at about 8.9X. Its balance sheet has become much better. Payout ratio is about 94%, and it is paying you to wait. Feels this has come off because of concerns that the supply response for US shale has perked up, but also there is a concern of the border tax for Canadian oil producers. Not sure he would buy this quite yet.


Price:
$16.000
Subject:
CANADIAN DIVIDEND
Bias:
BULLISH
Owned:
Unknown
2017-01-09 WAIT Josef Schachter

They lowered their costs.  They are big in Alberta and Saskatchewan as well as the US.  They were a very good hedger.  Their hedge for Q1 and Q2 will put them in a good position if the price of oil goes down in Q1 and Q2 of this year.  The company is shrinking because of the lack of Cap-X.  They have to build to replace declines.  Buy after an oil price decline.  The market now wants to see them grow by drilling.


Price:
$17.120
Subject:
OIL & GAS
Bias:
BEAR on OIL
Owned:
Unknown
2017-01-05 COMMENT Douglas Kee

This had been hurt. It was poking its head up and was starting to outperform, and then they did an equity issue which hurt them again. He cut his position in half last year. Expects the dividend will come back. As the year goes on, if oil prices stay at the $45-$55 area, the company does a good job at finding oil and bring it on cost effectively. He is going to continue to Hold. It will probably yield between 3% and 4% in dividends.


Price:
$18.000
Subject:
CANADIAN DIVIDEND
Bias:
OPTIMISTIC
Owned:
Yes
2017-01-04 COMMENT Craig Porter

Most retail investors don’t like this because it has underperformed for a long time. They have great oil assets in Saskatchewan, and have drilling plays they can drill for the next 20 years. The problem is, they have done a lot of acquisitions. Trading below $20 and should do well in an oil recovery. If you think oil is going back to $60-$70, this is a great company. He likes this.


Price:
$18.160
Subject:
RESOURCE
Bias:
UNKNOWN
Owned:
Yes
2017-01-04 COMMENT David Baskin

If he were going to own an oil company, this would certainly be on the list. He doesn’t own any oil companies because he believes the market is very likely to be oversupplied again in the short run. There is so much fracing capacity that, when oil prices go down, a supply deficit will quickly turn into a supply surplus. He also has grave doubts about OPEC sticking to its resolution.


Price:
$18.160
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2016-12-29 DON'T BUY Steve Belisle

It needs a lot of capital to maintain its production.  They have to spend a lot of money to stand still and the dividend takes a lot to sustain.  They have built a pretty good foot print and he has to give them credit for that.


Price:
$18.390
Subject:
NORTH AMERICAN - LARGE - DIVIDEND
Bias:
BULLISH on FINANCIALS
Owned:
Unknown
2016-12-23 COMMENT John Zechner

He is not bullish on oils in general, and is underweight. This whole OPEC agreement just doesn’t do it for him. They always cheat. The biggest winner in this, is US shale. This company is probably one of the better valuations in the sector. Costs are down. They have a good land base to drill on going forward. One of the better cash generators, and this is a good valuation. He has taken a little bit of money off the table on this.


Price:
$18.170
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2016-12-21 BUY Rick Stuchberry

So much depends on how far you think oil can go. He is optimistic and thinks the price is going to go up. If you buy it here, he thinks you can make money. They manufacture oil as opposed to searching for it. It has a good yield. Thinks it is going to go into the low to mid $20s in the next up move, presuming oil goes to $55-$60.


Price:
$18.600
Subject:
CANADIAN LARGE & iNTERNATIONAL ADR's
Bias:
UNKNOWN
Owned:
Yes
2016-12-21 COMMENT Michael Sprung

If this company meets all of its expectations, it is not too bad. He sees projections of cash flow somewhere near $5, 2-3 years out. If they achieve that, then you could certainly justify the current valuation. It has always had tremendous properties, of which they have been fairly successful at maturing. However, they continued paying a ridiculous dividend for many, many years, which was largely financed by their DRIP plan. They don’t do that anymore. Trading at over 4X BV, whereas at one time it used to be trading at 2X. Still a bit rich for him.


Price:
$18.600
Subject:
CANADIAN LARGE
Bias:
CAUTIOUS
Owned:
No
2016-12-19 TOP PICK Peter Brieger

There is tremendous positive hidden leverage.  They have an inventory of 8000 wells that will keep them going for 12 years.  They have applied water flood very successfully.  (Analysts’ Target: $23.40).


Price:
$19.000
Subject:
NORTH AMERICAN - LARGE
Bias:
BULL
Owned:
Yes
2016-12-14 COMMENT Christine Poole

All energy companies have restructured to a lower crude oil price. If crude stays in the $55 area, this company should be okay. They’ve raised some equity to fund their CapX program, and are applying some new technology to their oil wells with some positive results. If crude oil stabilizes, the stock price should slowly climb.


Price:
$18.380
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2016-12-06 COMMENT Mason Granger

Has been a disappointing performer this year. The bright side is, you have an opportunity to buy this at a valuation that is almost at a historical low. They have an enormous depth of inventory. The well results from their US holdings is very encouraging. They are doing some very novel things in terms of water flood. Have cut drilling times from 8 days to 5 days in a year in the Bakken. Sentiment has been poor for them. This would be a buying opportunity for a long-term holder.


Price:
$17.540
Subject:
CANADIAN ENERGY
Bias:
UNKNOWN
Owned:
Yes
Showing 1 to 30 of 1,057 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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