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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: $13.9900 on 2016-02-12

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Date Signal Expert Opinion Price
2015-09-21 HOLD Jeff Young

A high quality company that cut their dividend like many of them have.  They will move along with oil prices and they will keep their balance sheet strong throughout, even if it requires a dividend cut.


Price:
$17.550
Subject:
CANADIAN DIVIDEND
Bias:
SELECTIVE
Owned:
Unknown
2015-09-18 COMMENT Mohsin Bashir

A lot of these heavy income names have taken a tumble. You are looking at a forward price to cash valuation of 4X. Ultra, ultra cheap. Management historically has serially issued equity to be able to pay out dividends. Now they are using existing cash flow. Cash flow is still very healthy. They are probably going to be able to ride out the energy problem better. If there is a recovery in oil, this will rebound much faster than others. Excellent assets with light oil exposure. Dividend yield of 7%.


Price:
$17.040
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2015-09-17 SELL Kash Pashootan

He is negative on the oil space as a whole and thinks there are more chips to fall.  He wants to wait until he has more conviction.  They have done everything they said they would not do.  It is not too late to be trimming this.  If it is the only oil you own, then you could hold it.


Price:
$17.300
Subject:
NORTH AMERICAN DIVIDENDS
Bias:
SELECTIVE
Owned:
Unknown
2015-09-11 HOLD Steve DiGregorio

In energy he has everything in one of 3 buckets. 1) The “highly leveraged” names with very poor balance sheets and the potential to go bankrupt. 2) “Highly leveraged” names, that in a $30 environment would be highly levered on a cash flow multiple. 3) Solid balance sheets. This company straddles the 2nd and 3rd buckets. Balance sheet is okay, NETBACKS are some of the best in the industry, it is light oil. In a $40-$50 oil range, this company is fine. Have a good hedging program and the dividend has already been cut. One of the knocks is that they are a serial issuer of equity, and we are not going to see that at any time at these levels.


Price:
$16.550
Subject:
CANADIAN DIVIDEND
Bias:
BULLISH on DIVIDEND STOCKS
Owned:
Unknown
2015-09-09 WAIT Christine Poole

She owned it for a number of years.  They finally cut their dividend.  She is not buying energy right now.  She is not buying it for new clients.  Refineries shut down in the fall for maintenance.  Inventories are high right now.  She would wait for some stabilization in crude prices and to see some declining supplies.


Price:
$16.380
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC on US ECONOMY
Owned:
Yes
2015-09-04 DON'T BUY Don Vialoux

Oily stocks tend not to do too well this time of year. Their period of seasonal strength is actually from January right through until May. We are currently outside of the period of seasonal strength.


Price:
$16.620
Subject:
SEASONAL & TECHNICAL
Bias:
UNKNOWN
Owned:
Unknown
2015-09-04 COMMENT David Cockfield

This is one of the oils he decided to retain, mainly because it is so diversified. It is not in Alberta, but is in Saskatchewan. One of the best managements going. The bounce lately is at the bottom. He is quite sure this is a company that will survive this whole low oil price period. Not a bad buy if you want some income as well.


Price:
$16.620
Subject:
CANADIAN & ETF's
Bias:
OPTIMISTIC
Owned:
Yes
2015-09-02 TOP PICK Swanzy Quarshie

Div $0.10 yield 7.48% Recently cut it's dividend in half. She is happy with this, since it doesn't really help with growth.  Feels that it is good that they rationalized the dividend/payout ratios. Great assets.  A good management team as well. It's at a very very low level, so now is the time to buy. They added at $13 or so.


Price:
$16.150
Subject:
OIL & GAS
Bias:
UNKNOWN
Owned:
Yes
2015-09-01 HOLD Michael Sprung

Reducing the dividend was a wise move in this environment. This is one of the better managed companies with one of the greatest areas to develop in terms of the number of drilling opportunities they have going forward. Very efficient operators. Thinks the dividend, for the time being, is fairly safely covered. Would not be selling, but if anything, would be looking at it as an opportunity.


Price:
$16.090
Subject:
CANADIAN LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2015-08-31 COMMENT Rick Stuchberry

There is not much more this company can do on the operating side. It has been a spectacular operator. Has reduced its cost by 25%. This is a commodity problem in this company is getting clobbered because the oil price is down. They are low cost producers compared to a lot of others.


Price:
$16.880
Subject:
CANADIAN LARGE & ADRs
Bias:
OPTIMISTIC
Owned:
Yes
2015-08-28 COMMENT John O'Connell, CFA

Thinks the street would say this company is pretty cheap right now. He has consistently had a number of quarrels with this company. They are growing like stink and it is a very well-managed company. The problem is that they are paying out a dividend. You invest $10, and it pays you back $0.60 every year, but you have to pay tax on it. Then they dilute you down by selling new shares to buy more and more great opportunities down the road. Doesn’t like the dividend paying model. Institutional investors are very, very nervous about buying these types of companies, because if prices stay down for a while longer the hedges all roll off next year and it is a disaster. They have a lot of debt.


Price:
$15.330
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2015-08-27 PAST TOP PICK Stan Wong

(A Top Pick July 23/14. Down 63.93%.) Sold out of this. Doesn’t have a lot of conviction that oil prices are going to rebound. Still likes the company and will probably own it at some point, but for the time being he has rotated out of this into different names.


Price:
$14.740
Subject:
NORTH AMERICAN & ETFs
Bias:
UNKNOWN
Owned:
No
2015-08-25 TOP PICK Eric Nuttall

The most mispriced oil/gas stock in Canada that he can find. Their proved reserves can produce oil for 10 years. At $55 oil, it is trading at 5.5X its total corporate value relative to cash flow. That means you are getting part of the proved reserves for free, their probable reserves for free and all of their own booked inventory for free. It has never traded as cheaply as it has today. Eliminated people’s major concerns and cut the dividend so it is right sized. He has it being sustainable at about $50-$55 or higher. The cash flow is around 2.5X. Eliminated their DRIP so there is no dilution. Dividend yield of 9.02%.


Price:
$12.790
Subject:
OIL, GAS & SMALL-CAP CANADIAN
Bias:
BULLISH on OIL
Owned:
Yes
2015-08-24 COMMENT Larry Berman CFA, CMT, CTA

This is in panic mode. Maybe it gets cheaper still. People are liquidating wholesale, and that is always when you want to be buying.


Price:
$12.650
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Yes
2015-08-24 PAST TOP PICK Peter Brieger

(A Top Pick July 28/14. Down 69.34%.) He would be looking for an entry point once he sees oil stabilizing. For any of the producers, he would be asking to what level they could get costs down, marginal and average, relative to the price they get through hedging or actual sales. If the spread was positive, he would look to see the potential for production. This is a classic example of a company that can take advantage of increased production with a positive spread. If oil prices stabilize, he does not believe they will cut their dividend again.


Price:
$12.650
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US ECONOMY
Owned:
Yes
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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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