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Crescent Point Energy Corp Stock Symbol: CPG-T

Last Price Recorded: $9.0100 on 2017-09-18

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Date Signal Expert Opinion Price
2017-09-19 HOLD Nick Majendie

Had owned this, but sold it at around $17 earlier this year. He was concerned about oil prices. Investors are really being careful about having good balance sheet companies. If you have some optimism on oil prices as he does, he would probably hold onto this. It has been a little unpopular with institutional investors because of all their acquisitions. There are better stocks around if you want to buy one. Dividend yield of about 4%.


Price:
$0.000
Subject:
CANADIAN LARGE
Bias:
CAUTIOUSLY OPTIMISTIC
Owned:
No
2017-09-18 HOLD Josef Schachter

It has a book value of $17 and is trading at half that.  The numbers are compelling but there is a credibility issue with management that has to be rebuilt.  He would hold.  The balance sheet is in good shape.  You could buy when there is tax loss selling between week 2 in November to week 2 in December.


Price:
$9.010
Subject:
ENERGY & ENERGY SERVICE STOCKS
Bias:
BEAR on OIL
Owned:
Unknown
2017-09-15 DON'T BUY Eric Nuttall

There’s too much history amongst retail and institutional investors to want to embrace this name for the foreseeable future. Some people may have an issue with overall executive compensation relative to shareholder performance over the past 5 years.


Price:
$8.990
Subject:
ENERGY
Bias:
BULLISH on ENERGY
Owned:
Unknown
2017-09-11 DON'T BUY Teal Linde

It is unlikely it will double in the next few months, even if oil went to $60-70 or even $100.  They need a higher oil price for the stock to move.  It is a torquey play on oil.


Price:
$8.350
Subject:
NORTH AMERICAN - LARGE/MID CAPS
Bias:
UNKNOWN
Owned:
Unknown
2017-08-29 COMMENT Colin Stewart

Owns a very small position. He is not buying more, which has less to do with fundamentals of the business and more to do with sentiment on energy and on the company. Historically, the street had rewarded them for making acquisitions, but more recently they have not rewarded them. Now the company has to batten down the hatches and focus on operational performance, generating cash flow and paying down debt. This trades at a low multiple and pays a nice dividend. As a long-term play, if you think oil prices are going to be at $45-$50 or higher, it is one he would hold onto.


Price:
$8.270
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2017-08-28 COMMENT Bruce Campbell (1)

It has a low valuation compared to its peers.  It is oily and has lots of Saskatchewan and Utah, which is good.  The discount has gotten so big because it got out of favour so that if it traded with peers it would be a big boost. 


Price:
$8.220
Subject:
CANADIAN LARGE
Bias:
UNKNOWN
Owned:
Unknown
2017-08-24 COMMENT Rick Stuchberry

VET-T vs. CPG-T VET-T never cut their dividend with the low in oil prices.  They are a diversified, very well run company.  CPG-T is more of an oil play and more leveraged to the price of oil.


Price:
$8.340
Subject:
CANADIAN LARGE & iNTERNATIONAL ADR's
Bias:
DEFENSIVE
Owned:
Unknown
2017-08-23 HOLD Douglas Kee

It has not helped him to date this year.  They are doing okay.  The dividend after the cut is safe.  The growth side of it is challenged. 


Price:
$8.430
Subject:
CANADIAN DIVIDEND
Bias:
SELECTIVE
Owned:
Yes
2017-08-22 DON'T BUY David Baskin

He does not own any oil companies, but if he did, it would be this one.  Oil companies are price takers and cannot control the price of their product.  Oil has reached a peak in demand and will decline as a source of energy as time go on.  Pullouts from the oil sands told him that oil had peaked in demand.  Those operators are not dummies.  Oil sands is the most expensive way to get oil.


Price:
$8.350
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Unknown
2017-08-21 HOLD Fabrice Taylor

It is going to turn around at some point.  There is no question.  People in India are not buying electric cars and demand will continue to grow for gas.  He thinks you will be okay if you shut out the noise. 


Price:
$8.340
Subject:
NORTH AMERICAN
Bias:
CAUTIOUS
Owned:
Unknown
2017-08-17 COMMENT Bruce Campbell (1)

(Market Call Minute)  It will rebound nicely eventually.


Price:
$8.680
Subject:
CANADIAN LARGE
Bias:
SELECTIVE
Owned:
Unknown
2017-08-16 HOLD Christine Poole

Owns a bit of this in some of her client’s portfolios from before the energy prices started to fall apart in 2014. The stock has done very poorly on the reflection of energy prices, but also has underperformed its peers. When energy troughed out in February 2016 at $26-$27, this was around $16. Now energy is up $47 and the stock is at $9. Their balance sheet is relatively strong. They have an attractive yield and she doesn’t anticipate that they are going to cut the dividend unless there is continued weakness in crude oil prices. Dividend yield of 4.2%.


Price:
$8.660
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Yes
2017-08-14 WATCH Benj Gallander

At some point it will find the floor.  He watches it because it is so badly beaten up.  He will study it for 6 months.  They took on a tremendous amount of debt.  It could go down a fair amount from here.  This is his kind of company to watch and possibly buy. 


Price:
$8.640
Subject:
CONTRARIAN and VALUE INVESTING
Bias:
CONTRARIAN
Owned:
Unknown
2017-08-04 DON'T BUY Brian Acker, CA

The stock price has fallen below his EBV -3, which he calls going into the blue. The market is saying that the balance sheet isn’t what is stated, so there will have to be write offs, etc. With the amount of acquisitions they’ve done, there is probably a lot of goodwill that the market doesn’t like. He would avoid this.


Price:
$9.490
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US MARKET
Owned:
Unknown
2017-08-04 SELL Don Vialoux

Energy has a period of seasonal strength from late January through to the end of May. It didn’t happen this year. Chart shows that it not only developed a downward trend, it has been underperforming the rest of the oil stocks in general. So far, we have yet to see any signs of the stock bottoming.


Price:
$9.490
Subject:
TECHNICAL ANALYSIS & SEASONAL INVESTING
Bias:
UNKNOWN
Owned:
Unknown
2017-07-28 WAIT Josef Schachter

This is cheap. BV is over $17. They announced the results for Q2, 90% oil, 175,600 BOE’s day. They have net income of $.15 versus a loss of $.45 a year ago. The problem is, they have $4 billion in debt. If the price of oil goes down, how do they service the debt and how do they keep their volumes up. They are on a treadmill trying to keep their numbers up. If the price of oil comes down by $10-$15, they are not going to be able to keep that treadmill up. If oil goes below $40 like he expects, you will be able to buy the stock at under $8.


Price:
$9.900
Subject:
OIL & GAS
Bias:
BEARISH on ENERGY
Owned:
Unknown
2017-07-26 PAST TOP PICK David Cockfield

(A Top Pick July 8/16. Down 49.62%.) The recovery in oil prices has been a lot slower than he had anticipated. The company is well-run. They can make money at present oil prices.


Price:
$9.830
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Yes
2017-07-25 WATCH Norman Levine

It continues to decline. He thinks it is closer to the bottom than the top in oil and he has a small weight in Energy and is starting to get in.  Energy is always a trade.  Sell it when times are good.  Don’t be in a rush to put money in.


Price:
$9.700
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Unknown
2017-07-21 COMMENT Ross Healy

For the past 5 years, the balance sheet has been slowly slipping away. That is because of the huge volatility of energy pricing. The whole oil stock complex is cheap on a Price to Book basis. However, when you value them on an earnings basis, they are not. Oil pricing keep slipping lower and lower. On this company, the PE is 50, and it is currently trading at a Price to Book of 50%.


Price:
$9.210
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Unknown
2017-07-19 SELL Eric Nuttall

If you own this, he would Sell it. Get your tax loss and move on to another name which has more upside. Management has clearly struggled for a couple of years to regain investor confidence after several stock issuances, that came with mixed messaging. There is just too much history to see this one outperform.


Price:
$9.830
Subject:
ENERGY
Bias:
OPTIMISTIC on OIL
Owned:
No
2017-07-17 COMMENT Brendan Caldwell

Historically it was the darling.  It continued to expand production as energy prices went up.  It did a lot of financing to fund its dividend and its expansion program.  Then when energy prices came down it did not fare well and later did not recover with the price of energy.  He does not know what is going to drive it higher from here.


Price:
$9.180
Subject:
CANADIAN VALUE
Bias:
SELECTIVE
Owned:
Unknown
2017-07-14 COMMENT Robert McWhirter

On a payout basis, it has a modest 12% of 4th quarter trailing cash flow, so it looks like the dividend is sustainable. Cash flow for 2017 is expected to be pretty reasonable at $3, with about a 10% increase next year to $3.36. Because there is growth, it looks like the dividend is sustainable. If oil has bottomed at $42 and heads towards $50, there is a reasonable opportunity. Dividend yield of 3.9%.


Price:
$9.220
Subject:
CANADIAN DIVIDEND & GROWTH
Bias:
BULLISH on ENERGY
Owned:
Unknown
2017-07-12 COMMENT Christine Poole

Some clients hold this from a couple of years ago, and she hasn’t bought for new clients. She is waiting for energy prices to stabilize and to see a drawdown in inventory. This company is primarily oil, so the share price is going to be dictated by where oil goes. Like many other companies, they cut their dividend in the last downturn. Their balance sheet is in pretty good shape, so if energy stays at these levels and doesn’t fall further, they could probably maintain that dividend. Dividend yield of 4.07%.


Price:
$9.170
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2017-07-06 COMMENT Jim Huang

Has been disappointed by their performance over the last period, but mostly because the commodity price has been disappointing as well. Believes there is going to be upside in the commodity price. This company has done well changing from their past, not doing as many acquisitions and focused more on organic growth. Feels this has a lot of torque to the upside, and the balance sheet is reasonable. Anything over $40 in oil, and this company will be okay. Good place to be for the upside.


Price:
$9.400
Subject:
NORTH AMERICAN
Bias:
UNKNOWN
Owned:
Unknown
2017-07-05 COMMENT Daniel Lloyd

He would not be Short this. If you are Bullish on crude, this would be a pretty interesting name to own. Their assets in the Saskatchewan Bakken is very good and they have a dominant position there. The company is out of favour with institutional investors after constantly raising equity. It screens quite cheaply now.


Price:
$9.380
Subject:
CANADIAN
Bias:
BULLISH on ENERGY
Owned:
No
2017-06-27 COMMENT Ryan Bushell

Has owned this for quite some time. Feels the assets are good. They have both depth and quality of inventory. The company is very conservative with hedging and have been relatively disciplined with their balance sheet. At these levels, he feels the dividend is pretty sustainable. He has some concerns and is hoping to see some management reorganizations, which would be positive for the stock in general.


Price:
$10.070
Subject:
CANADIAN DIVIDEND
Bias:
UNKNOWN
Owned:
Yes
2017-06-26 COMMENT Peter Brieger

He can’t see this or any other major oil companies turning around, until there is a better resolution on oil prices. However, it is so cheap at this point that he would think it is a take-out candidate at some time. It has just become too cheap.


Price:
$9.970
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2017-06-16 COMMENT Norman Levine

Had owned this in clients’ income accounts because of the good dividend, but when oil prices came under pressure and they were making all kinds of acquisitions, he decided he did not want to be in this any more and sold his holdings. The stock has come down because of low oil prices, and is getting to a point where it might be a reasonable buy as a trade, but we are not there yet.


Price:
$11.240
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2017-06-16 COMMENT Greg Newman

This one really depends on how much exposure you already have to energy. If you are underweight, then you can start sniffing around. Balance sheets really matter if you have a world of $35-$40 oil for a long period of time. He doesn’t think that is going to happen. Expects oil will be for $38-$58, and if he is right, this is probably a really good name.


Price:
$11.240
Subject:
CANADIAN DIVIDEND & DEFENSIVE STRATEGIES
Bias:
BULLISH
Owned:
Unknown
2017-06-14 COMMENT Bill Harris, CFA

Their execution over the past 12 months has not been great, and the stock market is not very patient. He is just coming around now to look at this, because it just might get too cheap. The impression is that their operating issues are fixable and they are fixing them, but you are not seeing it in the numbers yet.


Price:
$11.170
Subject:
RESOURCE
Bias:
UNKNOWN
Owned:
No
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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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