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: $21.9600 on 2016-05-20

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Date Signal Expert Opinion Price
2015-10-23 PAST TOP PICK David Cockfield

(A Top Pick Dec 5/14. Down 26.04%.) One of the oil stocks he held onto, and feels it is one of the stronger players out there. They are in Saskatchewan in the Balkans. Feels they will do all right.


Price:
$18.210
Subject:
AGRICULTURE, DIVIDEND & FIXED INCOME
Bias:
BEAR
Owned:
Yes
2015-10-22 PAST TOP PICK Michael Decter

(Top Pick Nov 7/14, Down 45.45%) He has owned it for a long time.  He likes management a lot.  It is his only producing company.  They are using this downturn to dramatically grow the company by making acquisitions.  He believes someone will eventually buy the company.  He doesn’t want to sell it and then have someone put in a takeover bid 50% higher the next day.  When it comes back it will do so quite quickly.


Price:
$18.460
Subject:
CANADIAN LARGE
Bias:
BULLISH
Owned:
Yes
2015-10-22 COMMENT Eric Nuttall

One of the few oil names that isn’t reflecting a much higher oil price, so he was adding to it today. This could be a $20 stock if he is right on the price of oil. Using $55, it is trading around 6.9X next year’s enterprise value to cash flow. Other names are higher. The business model is superior to a lot of those other companies. The dividend is sustainable to around $52-$53 oil, where he thinks oil is going to rally to next year.


Price:
$18.460
Subject:
OIL, GAS & SMALL-CAP CANADIAN
Bias:
UNKNOWN
Owned:
Yes
2015-10-14 COMMENT Barry Schwartz

It is neither a buy, nor a sell because he does not own energy or resource companies going forward.  He does not know what the price of oil is going to be.  Nothing can be trusted in this environment.  Companies have no control over the price of commodities and yet pay out 100 percent of their cash flow.


Price:
$19.740
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Unknown
2015-10-08 PAST TOP PICK Douglas Kee

(Top Pick Sep 4/14, Down 47.56%)  They are well managed and have done the right things.  They cut CAP-X and their dividend as well as costs. 


Price:
$20.460
Subject:
CANADIAN DIVIDEND
Bias:
OPTIMISTIC
Owned:
Yes
2015-10-07 TOP PICK Bill Bonner

They were correct to reduce the dividend.  It has great oil leverage and is in Saskatchewan where there will be no NDP fall out regarding royalties.  When the market comes back, this one will go very quickly. 


Price:
$19.860
Subject:
CANADIAN ENERGY
Bias:
UNKNOWN
Owned:
Yes
2015-10-05 DON'T BUY John O'Connell, CFA

He has never been a fan because of the high dividend payout.  You invest in it and they give you back your capital and you have to pay tax on it.  Oil prices can’t stay down here that much longer.  It is not sustainable.  The best cure for low prices is low prices.


Price:
$17.610
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
Unknown
2015-10-02 WATCH Prakash Hariharan

Has probably been one of the best light oil producers.  It almost feels like a value proposition.  The quality of dividends is not good, though, as they cut back on it.  The operating numbers look pretty good.  You get into the tax loss selling in December and you realize you should be waiting until January to look at it.


Price:
$16.530
Subject:
GLOBAL EQUITIES & DIVIDEND PAYING STOCKS
Bias:
UNKNOWN
Owned:
Unknown
2015-10-01 DON'T BUY Norman Levine

He was worried that the dividend would not be sustainable.  They locked in hedging at $90, but then pricing did not come back and so dividends were not sustainable.  He would not own a commodity stock for the dividend. 


Price:
$15.460
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
No
2015-09-25 COMMENT Dennis Da Silva

A name that was painful to be in earlier this year until they did their cut in August. There has been a relatively good response since then. A great light oil, high margin producer focused in Saskatchewan. Balance sheet has been right sized with a cut in the dividend. He thinks they can maintain a 100% payout. If oil stays where it is for another 6-9 months, everyone will be susceptible to having to make some cuts. One of the “go to” names if you are looking for a large, liquid light oil producer that can give you some upside. Fairly well hedged at about 35% in 2016, near the $85 US per barrel range.


Price:
$15.520
Subject:
CANADIAN RESOURCES
Bias:
UNKNOWN
Owned:
Yes
2015-09-24 DON'T BUY David Baskin

It may only be a matter of time until the dividend goes to zero.  People were chasing yield at their peril.  As oil prices came down, so had the dividend to.  It is only a matter of time before they cut it again.


Price:
$15.600
Subject:
NORTH AMERICAN
Bias:
SELECTIVELY OPTIMISTIC
Owned:
No
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
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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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