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Crescent Point Energy Corp Stock Symbol: CPG-T

Last Price Recorded: 45.2900 on 2014-07-24 01:14:16

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Date Signal Expert Opinion Price
2014-03-26 DON'T BUY Brian Acker, CA

There are a group of these energy names that pay a distribution way above what they are earning. His model price is $31.42, a negative 21%. They pay a distribution of $2.76. Investors look at 6.78%, but mean estimates in terms of earnings, is $1 and next year it is $0.95. What it means is that they are paying out their capital to investors. Overvalued.


Price:
$40.070
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Unknown
2014-03-24 BUY Larry Berman CFA, CMT, CTA

Good dividend payer and good solid company.  Prefers more diversification than just one stock in this sector.  See ZEO.


Price:
$40.250
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2014-03-24 PAST TOP PICK Peter Brieger

(Top Pick Mar 18/13, Up 10.21%) Still doesn’t know if Keystone will get approved.  It is fading in relative significance.


Price:
$40.250
Subject:
NORTH AMERICAN - LARGE
Bias:
SELECTIVE
Owned:
Yes
2014-03-21 BUY Norman Levine

He recently added to his position. Doesn’t know where the price of oil is going. He believes it is going to stay high which will be highly profitable for all producers. He is happy to continue owning a company that adds to its reserves and to its production very profitably. Dividend is safe.


Price:
$40.590
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Yes
2014-03-20 HOLD Greg Newman

A range bound stock and a lot of people talk about it extolling its virtues. Great balance sheet, high net backs, exposure to a top ranked plays. Why can’t it get out of its own way? Shareholders are still getting used to the fact that this used to be a monster grower. Looking at how much its production grew over the last 4 years, it was up about 28%. For the next 2 years, he sees production growth only being about 6%-7%. While not so bad, when you net out the DRIP, cash flow per share growth is only about 3%. Payout ratio is average at about 130%. Just boosted their outlook on their latest quarter, but did that by assuming a lower Cdn$ and higher oil prices, so it wasn’t organically driven. Try to get it at around $38-$39.


Price:
$40.430
Subject:
CANADIAN DIVIDEND & DEFENSIVE STRATEGIES
Bias:
BULLISH
Owned:
Unknown
2014-03-17 BUY on WEAKNESS Larry Berman CFA, CMT, CTA

For the next 5 years, gas and oil prices are range-bound at best.  Forward looking markets are not optimistic.  He is looking to take money off the table.  Buy on pullbacks at the lower end of the trading range.


Price:
$40.090
Subject:
NORTH AMERICAN & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2014-03-17 PAST TOP PICK John Zechner

(Top Pick Feb 1/13, Up 11.95%) Should have done better but they flooded the market with new equity.  They are building great asset value for the long term.


Price:
$40.090
Subject:
NORTH AMERICAN - LARGE
Bias:
SELECTIVE
Owned:
Yes
2014-03-12 COMMENT Lyle Stein

This is a good name. Feels the Street has missed when they bought some assets in the US. Did particularly well in Saskatchewan where their water flooding did quite well.


Price:
$40.000
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Yes
2014-03-11 PAST TOP PICK Eric Nuttall

(A Top Pick April 17/13. Up 19.07%.) Still likes this. It is a frustrating name because it feels like the name is kind of stuck. Very well owned in Canada and they really need to rely on the incremental buyer from the US coming into the name. Have a very sustainable dividend becoming more sustainable in time as their capital efficiencies improve and their decline rates fall with the implementation of water flood. Just listed in New York.


Price:
$38.720
Subject:
OIL & GAS
Bias:
BULLISH on OIL
Owned:
Yes
2014-03-10 TOP PICK Michael Decter

CEO is one of Canada’s more remarkable and not well known entrepreneurs in the oil patch. A very conservative company. Street developed a lack of affection because they kept raising equity. Acquired an extraordinarily valuable and oil production area in Utah. Built its own transportation facilities so it can move 100% of its oil by rail and is not dependent on pipelines. 7% dividend yield.


Price:
$39.000
Subject:
CANADIAN LARGE
Bias:
BULLISH
Owned:
Yes
2014-03-05 BUY Christine Poole

Gets up to $40 and then trades down a bit.  Not sure why.  Maybe we need a more sustained movement in Crude.  She owns it because it has low exploration risk due to high inventory.  It is an exploitation strategy.  Yield is very safe although she sees little increase in it.  She expects 10% return per year.


Price:
$38.720
Subject:
NORTH AMERICAN - LARGE
Bias:
SELECTIVE
Owned:
Yes
2014-03-05 HOLD Michael Bowman

There doesn’t seem to be a lot of growth.  It never shows up when he does a screening because there is always some problem with it.  Others have not performed all that well either.  CPG has fantastic properties, great yield.  You have nothing to worry about.  If you buy an oil stock make sure it pays a dividend, so this one is okay.  He also has White Cap.


Price:
$38.720
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
SELECTIVE
Owned:
Yes
2014-03-04 DON'T BUY Bill Harris, CFA

(Market Call Minute) Nothing wrong with it.  Only concern is that it is a light oil producer and there is a ton of light oil coming on in the next twelve months in the US.


Price:
$38.920
Subject:
RESOURCE
Bias:
SELECTIVE
Owned:
No
2014-02-28 HOLD Jaime Carrasco

He has taken money off the table along the way.  You get a pretty good yield.  It has become a pretty mature company so any new barrels coming on board won’t have such a big impact on cash flows.  If you want growth look more at junior companies like Whitecap.


Price:
$38.860
Subject:
RESOURCE, UTILITY & REITs
Bias:
SELECTIVE
Owned:
Yes
2014-02-27 HOLD David Burrows

He has trimmed his position by a half recently.  They changed what they were doing in their DRIP, which he thought was dilutive.  The energy sector is not one of the leading ones.  This pays a nice yield of 7%.  A good company but other sectors are more attractive.


Price:
$38.590
Subject:
NORTH AMERICAN - LARGE
Bias:
SELECTIVE
Owned:
Yes
Showing 46 to 60 of 696 entries

1 Comment

mylund

December 19th 2013 at 12:44pm

Who would be railing their crude in North America?


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