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: $9.4000 on 2017-07-20

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Date Signal Expert Opinion Price
2017-04-18 HOLD John Stephenson

Feels this is fully valued. It is implementing big water floods to try and tweak the reservoir and keep the decline rate more manageable. A really well-managed company, but he doesn’t really see any strong growth or any particular reason you need to have this.


Price:
$14.040
Subject:
NORTH AMERICAN - LARGE & RESOURCE
Bias:
UNKNOWN
Owned:
Unknown
2017-04-10 COMMENT Hap (Robert) Sneddon FCSI

Chart shows the 50-day moving average coming right along the top of the prices. Each time it got up to the 50-day moving average, it brought in some sellers. He took a half position in energy, even though the strong seasonality started about 1.5 months ago. You could see this come as low as $14, and then bring in some buyers. It has a positive MACD, so it’s getting momentum and money starting to flow into it, but that doesn’t mean you still can’t get some volatility. Anywhere between $14.70 and $14.40 is probably a reasonable less risky entry point.


Price:
$14.980
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
Unknown
2017-04-07 COMMENT Josef Schachter

This was the darling of the street in 2014. With the erosion in the price and the balance sheet issues, they had to cut back on the dividend. They now have $2.7 billion of debt against $9.6 billion of equity. The BV is $17.61. It isn’t often that you have companies trading below BV. Thinks the stock will go down another $1-$2 because of concern about the balance sheet and not much growth.


Price:
$14.270
Subject:
OIL & GAS
Bias:
BEARISH on OIL
Owned:
Unknown
2017-04-03 DON'T BUY Keith Richards

It has tested $10 a couple of times.  The trouble is that it is in a down trend channel.  It could get close to that $10 again.


Price:
$14.310
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH on ENERGY
Owned:
Unknown
2017-03-28 PAST TOP PICK Swanzy Quarshie

(Top Pick Feb 10/16, Up 11%) It had a great start.  Unfortunately they chose to raise some equity and the stock went down.  She still likes it a lot.  It is a core name.  She sees very good wealth creation ability.  They have good netbacks.  They have a good balance sheet.  They are now seeing results from water flood in 6 months, down from a year.  This is a game changer.  She still sees a lot of upside in it.


Price:
$14.820
Subject:
OIL & GAS
Bias:
UNKNOWN
Owned:
Yes
2017-03-24 HOLD Greg Newman

They have done everything right.  The balance sheet is pretty good.  They are really cheap relative to peers.  They still have good production growth.  But the cash flow in 2018 is projected to be lower than in 2015.  It depends on your view of oil prices.  They continue to decrease costs every year, so a year or two out they may be fine.  It will be very attractive if oil prices go higher.


Price:
$14.440
Subject:
CANADIAN DIVIDEND & DEFENSIVE STRATEGIES
Bias:
BULLISH on DIVIDEND STOCKS
Owned:
Unknown
2017-03-23 PAST TOP PICK Eric Nuttall

(Top Pick Apr 7/16, Down 17%) He struggles to see what gets this story re-rated.


Price:
$14.370
Subject:
ENERGY
Bias:
BULL on OIL
Owned:
No
2017-03-20 COMMENT Jim Huang

He likes this. It has high leverage to oil prices, and he believes oil prices are going to go higher from here. This has one of the best land positions in Saskatchewan, Manitoba, and the US. In the past, they’ve had some issues with excess of issuing shares that diluted the company on a short-term basis. He feels they are putting a stop to that and will do much better going forward.


Price:
$14.280
Subject:
NORTH AMERICAN
Bias:
UNKNOWN
Owned:
Yes
2017-03-16 COMMENT Zachary Curry

Average down? His biggest issue is that they seem to be serial issuers of stock. They continue to dilute the existing shareholder base, not a friendly thing to do. The US assets are great and they have increased production, but it is important to focus on production growth per share, and this one gets diluted down. They’ve already cut their dividend.


Price:
$14.610
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2017-03-09 BUY Teal Linde

This is a good time to be investing in this. It has had a long-term track record of success. They’ve stumbled in recent quarters and their production was down. When you have a company with a strong track record that stumbles for the short term, it is very likely that they are going to get back on their feet and resume the growth track record that they had.


Price:
$14.240
Subject:
NORTH AMERICAN - LARGE/MID CAPS
Bias:
UNKNOWN
Owned:
Unknown
2017-03-03 HOLD David Cockfield

This has been beaten up pretty thoroughly over the last while. They came out with a new issue, and that really was tough. It was a bought deal, and ended up in the banks, and the stock hasn’t recovered since. The company is still a well-managed intermediate company. Feels oil is going to go back into the $60 range. They have excellent properties in the Bakken area.


Price:
$15.060
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Unknown
2017-02-24 HOLD Bill Shaw

This has underperformed. They did a stock issue that investors were not too happy with. In terms of communication, this company has not been the best. There have been rumours of potential activists investors coming in, but the company has stated that there is no one really interested. Thinks it is going to be a “show me” story. They have great technical expertise and have been able to increase production in the past.


Price:
$14.990
Subject:
CANADIAN DIVIDEND & REITS
Bias:
UNKNOWN
Owned:
Unknown
2017-02-23 SELL John DeGoey

Last year they did a share offering, and then cut the dividends. Should I hold or dump? The stock got hit pretty hard about 2 years ago when oil prices dropped. He would not hang onto this any longer. A well-run company, but there is nothing you can do about it. As long as oil is trading in the neighbourhood of the low to mid $50, it is difficult for this company to make money.


Price:
$15.730
Subject:
PERSONAL FINANCE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
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
Showing 31 to 45 of 1,100 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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