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Crescent Point Energy Corp Stock Symbol: CPG-T

Last Price Recorded: $32.3800 on 2015-04-18

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Date Signal Expert Opinion Price
2015-01-06 COMMENT Bill Carrigan

Today they announced they are cutting its capital expenditure program, but maintaining its dividend. The key for all names that have high CapX and are returning money to shareholders, is how long that energy stays down. If crude stays down longer than 12 weeks, then we are going to have some problems. If we go into March and we still have these low prices, then we are going to start to have problems. Market is not worried about crude being down now, but for how long it is going to be down. He would be very careful on this.


Price:
$25.130
Subject:
TECHNICAL ANALYSIS
Bias:
BEAR on ENERGY
Owned:
Unknown
2015-01-05 WATCH Larry Berman CFA, CMT, CTA

He likes the energy sector, big picture.  It is a no brainer investment over the next 5 to 10 years.  But it is going to be a tough year until we get stabilization.  He thinks a lot of the bad news is priced in.  He does not think an oil price at $30 is justified.  Supply and demand fundamentals should create a bottom here.  This is where you want to be a buyer, not a seller.  There is some risk, however, that the dividend could get cut.


Price:
$24.860
Subject:
SEASONAL & TECHNICAL
Bias:
UNKNOWN
Owned:
Unknown
2015-01-02 HOLD John Stephenson

Thinks the dividend is okay and sustainable. One of the things this company has done really well is that they have the best properties around. A fantastic management team. The problem they have is that it is a growth and income oriented vehicle. Where is the growth component, is it really going to be there in this low commodity priced environment? 10% yield.


Price:
$27.340
Subject:
NORTH AMERICAN - LARGE & RESOURCE
Bias:
BEARISH on RESOURCES
Owned:
Unknown
2014-12-29 TOP PICK Peter Brieger

(A Top Pick Dec 30/13. Down 27.52%.) He wouldn’t buy at this point, but would wait until there was a further decline in oil prices, which he thinks will probably happen. Every growth oriented portfolio should have a position in this company. Feels this is the best run company in this country. Yield of 9.91%.


Price:
$27.840
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2014-12-23 WATCH Brooke Thackray

Oil tends to pick up from a seasonal basis in February. It can bounce around in January. The big worry here is that people are questioning if they are going to cut the dividend. He would be looking at stepping into this when there is a more solid rebound in the energy sector.


Price:
$28.480
Subject:
SEASONAL & TECHNICAL
Bias:
UNKNOWN
Owned:
Unknown
2014-12-22 WAIT Don Vialoux

A typical classic seasonal stock. Canadian energy sector, and particularly this stock, tends to have a lot of problems at this time of year. The period of seasonal strength is from the end of January right through until May of each year. At this time of year, the stock goes down. It had a huge recovery last week. It is going to go sideways with all kinds of volatility, but is going to form a nice little base. Take another look at the stock at around the end of January and add to it.


Price:
$27.750
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2014-12-19 DON'T BUY John Zechner

They haven’t cut the dividend yet, but thinks they are probably going to have to at some point. They were paying out almost 100%, even though they have some hedges on. He is not buying in this sector even though it has come down a lot.


Price:
$28.610
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
No
2014-12-12 HOLD Bruce Tatters

Was a market darling for years and years and has been one of the bigger growth names in Canadian shale oil, as opposed to an oil sands company. Terrific track record of growth. Has never been a particularly big fan of it, principally because their growth rate in production has been overshadowed by their growth rate in shares outstanding. In the last couple of years, they have made acquisitions at pretty rich valuations. Has dropped from the $40 range, down to the low $20s. If you own, he wouldn’t Sell. Not as over levered as some other players. Has about 40% of its production hedged in the $90’s.


Price:
$21.760
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Unknown
2014-12-10 COMMENT Bruce Campbell (2)

From what he understands, this is hedged at a much higher level, from a total production standpoint, than what most other firms are. He understands it could be north of 50% of their production that is hedged. The obvious issue is that once those hedges roll off, they are going to be realizing lower prices. Everyone is trying to play leapfrog and get ahead of everyone else by selling before those hedges come off and the cash flow drops down. Very well-managed company. Management has said that if lower prices continue, they will protect their balance sheet rather than protect their dividends.


Price:
$22.490
Subject:
CANADIAN
Bias:
OPTIMISTIC
Owned:
No
2014-12-09 HOLD Christine Poole

Company has said they are not going to cut their dividend and she doesn’t think they have to unless energy prices stay below $60 for a number of years. They have hedged out some of their production, about 60% in the 4th quarter, at $92, and 37% of next year’s production at the same price level. They never cut their dividend, even in the recession of 2008. Management is very cognizant that their shareholder base wants that yield. Yielding around 11%, so the market is indicating they believe otherwise.


Price:
$24.940
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US ECONOMY
Owned:
Yes
2014-12-08 HOLD Jeff Young

Near term, the dividend is fairly safe.  They have a decent amount of hedging for next year and the balance sheet is relatively good.


Price:
$25.000
Subject:
CANADIAN DIVIDEND
Bias:
BEAR on ENERGY
Owned:
Unknown
2014-12-05 TOP PICK David Cockfield

Thinks this has gotten beaten up too much. They operate in Saskatchewan and in North Dakota. Super operators. Have been very adamant in the past about protecting their dividend when prices went down. He is betting that you will see the price of oil back into the $75-$80 range within 6 months. Yield of 10.34%.


Price:
$26.690
Subject:
CANADIAN
Bias:
OPTIMISTIC
Owned:
Yes
2014-12-05 HOLD Rick Stuchberry

He owns this for yield, so he is not going to Sell it. This company hedged their forward sales and have 40% of next year’s revenues hedged at much higher prices, over $90 on the crude. Because of this your distribution should be okay, unless something from left field comes in. His view now is to Hold and see what happens. Very good management.


Price:
$26.690
Subject:
CANADIAN LARGE & ADRs
Bias:
BULLISH on INDIA
Owned:
Yes
2014-12-04 BUY on WEAKNESS Norman Levine

Great stock, but terrible recently.  One of the better capitalized and better run companies.  There will be lot of time to pick these up later.


Price:
$27.630
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on FINANCIALS
Owned:
Yes
2014-12-02 BUY Lyle Stein

A well-managed company. They have a good discipline of maintaining capital frugalness. They pay dividends and they make acquisitions and they invest in their own properties. The issue here is, how long will oil prices stay low. He doesn’t think this is a long-term bubble that makes sense.


Price:
$29.000
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Yes
Showing 46 to 60 of 827 entries

1 Comment

mylund

December 19th 2013 at 12:44pm

Who would be railing their crude in North America?


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