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: $9.7600 on 2017-09-22

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Date Signal Expert Opinion Price
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
Showing 16 to 30 of 1,119 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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