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

Last Price Recorded: $19.3200 on 2016-05-04

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Date Signal Expert Opinion Price
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
2016-02-29 TOP PICK Brooke Thackray

This company has 33% of their book hedged out at $83 for 2016, so it has some time. Looking at demand going up in oil and supplies slowly coming down, at some point there is going to be some support. They are managing their balance sheet quite well.


Price:
$16.490
Subject:
TECHNICAL ANALYSIS & SEASONAL INVESTING
Bias:
UNKNOWN
Owned:
Yes
2016-02-23 HOLD Eric Nuttall

This could be $20 by year-end. If you were to own one oil name, it would be this. It gives you the combination of very high quality assets, modest debt, good hedge position and high netback light oil. Has been out of favour and is now in favour in large institutions. They may cut their dividend by 20%-30% again in the next couple of months. If they do, he thinks the stock will actually go up.


Price:
$16.010
Subject:
ENERGY & SMALL CAP EQUITIES
Bias:
BULLISH on OIL
Owned:
Yes
2016-02-23 COMMENT James Telfser

This company always issued equity to pay for their dividend and fund some growth. If there is an energy rebound, a company like this should do well. They have decent long life assets to support dividend growth going down the road. He is cautious on energy stocks, and would be cautious on this.


Price:
$16.010
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
No
2016-02-12 COMMENT Jason Mann

Definitely a “go to” name for the Canadian retail space, but would not be his 1st pick for energy. You can get companies cheaper that have better price momentum. Pays a good yield, but that alone is not a good reason to own energy stocks. Reasonably valued, kind of the middle of the pack, but high volatility, negative ROE’s and they don’t make money yet at these oil prices. Would prefer something like Raging River (RRX-T) or Granite Oil (GXO-T). Has a small Short on this. (See Top Picks.)


Price:
$14.430
Subject:
NORTH AMERICAN
Bias:
CAUTIOUS
Owned:
Yes
2016-02-11 COMMENT Paul Harris, CFA

Much more levered to oil prices than a lot of other companies, so if oil goes up you are going to get a bigger return. He would stick with companies that are more integrated like Suncor (SU-T) that has good balance sheet. Thinks oil will be touching the lower end of the range between $20 and $30 as opposed to going up.


Price:
$13.660
Subject:
NORTH AMERICAN/GLOBAL
Bias:
UNKNOWN
Owned:
No
2016-02-10 TOP PICK Swanzy Quarshie

She picked this, not only because she thinks oil prices are going to go up, but the business has not been impaired like others in this environment. You want to be exposed to a company that is not going to fall apart, but also has an upside opportunity. Operationally things are going great for them. Decline rates in production are slowly coming down, which means they have to spend less capital. Dividend yield of 8.66%, but wouldn’t be surprised if they cut this again.


Price:
$13.660
Subject:
OIL & GAS
Bias:
OPTIMISTIC on OIL
Owned:
Yes
2016-02-05 DON'T BUY Allan Meyer

They had said their dividend was safe, and then followed that by cutting it. Based on where we are with current oil prices, they may have to cut the dividend again. At these levels they are barely covering their cash costs, and are not able to spend enough money on maintaining their production to capital expenditures.


Price:
$15.150
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
No
2016-02-05 COMMENT Hap (Robert) Sneddon FCSI

In his view this as a bit more of a conservative energy stock. Chart shows a double bottom (August and January), which is quite interesting. That is where the market has seen value. You are probably going to find resistance right where we are right now. This is not a bad place. Dividend yield of 7.9% is a little high.


Price:
$15.150
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
No
2016-02-03 COMMENT Norman Levine

A name he would probably want to own when it is a good time to own energy stocks. For the most part, this company is not in Alberta. Has a decent balance sheet. Cut back on their spending and dividends. A good history of hedging production. They should be a survivor and a name you want to own in the future.


Price:
$14.770
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2016-02-01 COMMENT Brendan Caldwell

They had always done significant stock issues.  Now that energy prices are a lot lower, they cut their dividend.  It will trade in a range for a while. 


Price:
$14.690
Subject:
CANADIAN VALUE
Bias:
SELECTIVELY OPTIMISTIC
Owned:
Unknown
2016-01-28 WATCH Colin Stewart

The energy sector has been in under a lot of pressure.  This is the time to start doing homework on higher quality companies.  They generate good cash flow and have hedges in place.  The market is forward looking and there is a lot of bad news about oil.  When things swing a long way to one side, he tries to look at the other side.  CPG-T is a good quality name in the space. 


Price:
$14.800
Subject:
NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias:
UNKNOWN
Owned:
Unknown
2016-01-25 DON'T BUY Bill Carrigan

You wonder why it has been a favourite when you look at the chart.  We are below the financial crisis low.  There has been a volume increase during 2015.  We have probably had a bottom, but how high is it going to go?  There are better places to go.  It is for traders only.


Price:
$12.780
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
Unknown
2016-01-22 WAIT Michael Simpson, CFA

Crescent Point (CPG-T) or Whitecap (WCP-T)? Hasn’t cut its dividend for a while, and thinks they should cut. Wait until they make a decision on the dividend and look at it after that.


Price:
$13.980
Subject:
NORTH AMERICAN DIVIDENDS
Bias:
OPTIMISTIC
Owned:
Yes
Showing 16 to 30 of 973 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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