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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
2014-12-02 COMMENT Bruce Campbell (1)

A lot of people and the market are forgetting that this company have really good hedges on. 33% is hedged at $93 for next year, about 25% hedged in the $90’s for 2016 and 15% hedged in the $90’s in 2017. Has almost a 10% yield now. His numbers show that oil would have to stay in the low $50’s before the dividend is in jeopardy. 9.5% dividend yield, which he thinks is safe.


Price:
$29.000
Subject:
CANADIAN LARGE
Bias:
BULLISH on NORTH AMERICAN ECONOMY
Owned:
Yes
2014-12-01 PAST TOP PICK Eric Nuttall

(Top Pick Nov 04/13, Down 23.98%) You could see the momentum drying up in this stock just before he sold it.  They disenchanted their major US investor.  The average US investor puts 0 value on their dividend.  They have a pretty good hedge position of 33% for 2015, so the dividend is pretty sustainable through 2015.  As the price of oil falls it is getting more and more tempting.


Price:
$28.590
Subject:
OIL & GAS
Bias:
CAUTIOUS on OIL
Owned:
No
2014-12-01 DON'T BUY Barry Schwartz

He is scared of companies that have high dividends, and where shareholders are dependent on the dividends. When you combine a commodity price, a lot of leverage and a lot of volatility, this is an accident waiting to happen.


Price:
$28.590
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
No
2014-11-28 DON'T BUY Jason Donville

Big strong name. Great assets, but he is not a big fan of senior management. Their stock issuance is junky. They love capital markets, and he thinks the market is getting fed up with them. Wouldn’t own this.


Price:
$29.680
Subject:
GROWTH & FINANCIALS
Bias:
UNKNOWN
Owned:
No
2014-11-27 BUY Martin Davies

Very large company with good balance sheet, making large acquisitions and using equity offerings to finance it.  This is the only issue he has.  The things they have acquired have been very attractive.  There is a great deal of hedging.  He likes the assets and how they are executing.


Price:
$30.700
Subject:
OIL & GAS
Bias:
BULLISH on OIL & GAS
Owned:
Unknown
2014-11-26 COMMENT Greg Newman

A little bit better than its peers because it went into this oil price decline with a very healthy balance sheet, and are 30% hedged at $93 for 2015. Mechanically, the company is doing really well. Have been growing their production and have the Torque asset which continues to add inventory. However, at $75 oil, the payout ratio goes to 154% and their cash flow per share declined by 18% in 2015 over 2014. Not a low-risk story any more. He owns a little bit.


Price:
$34.000
Subject:
CANADIAN LARGE & HEDGING
Bias:
CAUTIOUS
Owned:
Yes
2014-11-24 BUY Peter Brieger

One of his favourites.  He has owned it forever.  One of the premier oil companies in Canada.  They have been skillful in buying acreage that they think is highly prospective and it has turned out to be just that.  They have looked for companies that have similar acreage to acquire.  They are looking at 7600 wells to be recovered through water flood.  The incremental cash flow is attractive.


Price:
$36.040
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2014-11-21 BUY Michael Sprung

Has reached a valuation where he has started to nibble at it.  Has a very good distribution. Used to depend a lot on their dividend reinvestment plan to finance it, but much less now with their production increasing. They have so much good land position where their future drilling opportunities are quite numerous, and have been very good at executing their strategies. Thinks they will continue to exploit their opportunities in the Bakken and Shaunavon areas. At these levels it is becoming a compelling price for a longer-term investor.


Price:
$36.670
Subject:
CANADIAN LARGE
Bias:
CAUTIOUS
Owned:
Yes
2014-11-19 COMMENT John O'Connell, CFA

He is quite optimistic on the energy space in general, but you always need to be picking good quality companies. Forgetting about the dividend, he likes this company’s growth profile. They have done an extremely good job of executing and growing production, maintaining their costs well, consolidating large areas. They made a very good purchase in the Utica Basin in the US, which a lot of people were very suspicious of, and they proved the critics wrong. His only complaint is that they are serial acquirers of assets. Not necessarily a bad thing, but if they continue to tap the investing landscape in Canada to finance that growth, they have tapped the retail investor one too many times. They need to go down to the US investment bankers and sell their stock to Americans.


Price:
$35.300
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Unknown
2014-11-18 HOLD Michael Bowman

None of us really expected oil to go from $115 down to $74-$75. 5 year chart is showing that it has support. Is almost at the low of 2013 and below 2010. This also has a great yield.


Price:
$35.690
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
BULLISH
Owned:
Yes
2014-11-14 COMMENT Jaime Carrasco

Like this company and is one of his key holdings. It is important to pick the companies that have good balance sheets, good hedging positions and where the dividend is safe. This is probably one of the 1st ones he would add if he sees an appreciation in the price of oil.


Price:
$36.140
Subject:
RESOURCE, UTILITY & REITs
Bias:
UNKNOWN
Owned:
Yes
2014-11-12 COMMENT Brendan Caldwell

Historically they have had to spend money on growing its asset base, property, plant and equipment and sustaining a pretty robust dividend. This decline in energy prices is going to test its ability to do both things. They have been able to do this by issuing new equity into the market. He questions if this is going to still be doable with the low energy prices. Consider looking for yield in other areas.


Price:
$36.350
Subject:
CANADIAN VALUE
Bias:
UNKNOWN
Owned:
Unknown
2014-11-11 WAIT Christine Poole

Feels the dividend is safe. They tend to hedge out part of their production to ensure that they can pay the dividend as well as fund their CapX. She is not actively looking to add to energy right now. She'd like to see crude oil prices stabilize. There are a few events happening at the end of this month, which will give her an idea of what OPEC tends to do. Also, there will start to be some draw downs in inventories when refineries come back up for the winter season. Also, believes Libya is ramping down somewhat.


Price:
$36.380
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Yes
2014-11-07 TOP PICK Michael Decter

Outstanding CEO. Likes the management team. Just reported and they are through 140,000 barrels a day. Dividend of 7.46%, which he believes is sustainable. Have done a lot of tuck-under acquisitions and thinks they will do more organic growth. Have pretty good core areas. They own their own infrastructure, so they own rail terminals and are shipping more than half of the oil they produce by rail to very specific refineries, where they get a good price.


Price:
$36.810
Subject:
CANADIAN
Bias:
BULLISH
Owned:
Yes
2014-11-06 COMMENT Mason Granger

Baytex (BTE-T) or Crescent Point (CPG-T)? He owns both considers both of them as core holdings. This is a light oil producer with a huge depth of inventory. This is a company that just never misses its numbers.


Price:
$36.100
Subject:
CANADIAN ENERGY
Bias:
UNKNOWN
Owned:
Yes
Showing 61 to 75 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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