stockchase picture

Compiling comments that experts make about stocks while on public TV.

Company Index

List by Company Name

List by Symbol

Crescent Point Energy Corp Stock Symbol: CPG-T

Last Price Recorded: $14.7400 on 2015-08-28

Globe 5 day average
Google Discussions (view only)
yahoo discussion
Bloomberg
Date Signal Expert Opinion Price
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
2015-08-24 DON'T BUY Keith Richards

A very popularly held stock. For the longest time it wasn’t a bad stock to hold. It was range bound, but it broke down with oil. The company is very leveraged to oil and have a lot of debt, so where oil goes, they are really going to go. Recently cut their dividend and most people that own the stock had been buying it for the dividend. It keeps breaking support levels. He looks for bases. If it started a sloppy sideways zone, where it broke out eventually, you might consider it, but at this time it is in a downtrend. Don’t buy it until it stops going down.


Price:
$12.650
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
No
2015-08-20 DON'T BUY Ross Healy

Cannot give any good news on the stock.  You have to wonder how good the dividend is even after they cut it.  Earnings are still suggesting quite a bit of downside.  They do have a fairly decent balance sheet so can bluff their way through this.


Price:
$14.070
Subject:
NORTH AMERICAN - LARGE
Bias:
BEARISH
Owned:
Unknown
2015-08-19 COMMENT Norman Levine

Their history is that it is a serial acquirer of other companies in its geographical area, and a serial issuer of shares, so the street loves it. When a company keeps issuing shares like that, it is hard for the share price to do well. The yield on the stock was quite high, and a lot of people got sucked into buying because of the yield. Had hedged oil at $90 a barrel. They can’t continue paying their dividend with oil at $40, and they can’t hedge any more. Investors should buy commodity stocks only when they feel commodities are going up. If you are a very long term investor, he is sure you will come out OK, but there is probably going to be some more pain in the near term.


Price:
$14.730
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2015-08-19 COMMENT Bruce Campbell (2)

One of the most heavily followed retail stocks in Canada. The dividend cut was being forecast by the market, but they had always said they were not going to cut the dividend. Their business has obviously significantly changed in the last 60 days. If oil stabilizes and bases here, this will probably be an okay place to be. He always has his eye on this one.


Price:
$14.730
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
No
2015-08-18 COMMENT Richard Croft

Covered Call to January 2017? This stock is a challenge. It is holding its value at this stage because of its dividend, which is not at all certain. If you are able to sell a covered call on this, you are going to have a very challenging time trying to buy it back, because it is not a very liquid market. If you are selling a Call Option he would probably go a little closer, not January 2017. He has a feeling that the Bid/Ask spread is going to be so wide it is not something you are going to be able to work with.


Price:
$15.790
Subject:
OPTION STRATEGIES & E.T.F.S
Bias:
CAUTIOUS
Owned:
Unknown
2015-08-14 DON'T BUY Kash Pashootan

Recently cut their dividend. He has been quite bearish on energy space for a few years and has very little exposure. His view is that the dust has not settled. Although there is some stability in the price of oil, at these levels it is difficult for these types of companies to make any money. We need oil to be considerably higher for an investor to make money. Not a name he would Buy right now.


Price:
$16.640
Subject:
NORTH AMERICAN DIVIDENDS
Bias:
CAUTIOUS
Owned:
No
2015-08-14 COMMENT Jon Vialoux

The 2 periods of seasonal strength for energy are from January to May followed by the next one from August through to October. The 1st one played out quite nicely with a bounce from a significantly oversold level. We are significantly oversold again and approaching multiyear lows, and what appears to be a good period for investing again. The probability of some of the seasonal influences kicking in this year is rather low. It would be preferable to see the trend in your favour, which would lower your risks of pursuing some of these plays.


Price:
$16.640
Subject:
TECHNICAL ANALYSIS & SEASONAL INVESTING
Bias:
UNKNOWN
Owned:
Unknown
2015-08-11 COMMENT Christine Poole

They indicated they can maintain that dividend.  But she thinks it is only a question of how long it can stay down there.  In 2016 about a third of their production is hedged at $83.  If crude stays below $50 for a long period of time you have to question a yield that high.


Price:
$18.020
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Unknown
2015-08-10 WAIT John Zechner

14.8% yield means the market is telling you they don’t expect the dividend to be paid.  The market is expecting a cut.  He has not added to it here.  Oil prices are still winding down.  CPG-T has the cash and the great land position they acquired.  A cut in the dividend should not do much to the stock price as the expectation of the cut is built into the stock price.


Price:
$18.940
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2015-08-10 DON'T BUY Larry Berman CFA, CMT, CTA

He does not think it is going away.  Oil may not turn for a couple of years.


Price:
$18.940
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2015-08-06 HOLD Bill Carrigan

A lot of analysts embrace the model, but these models are only good when the commodity is doing well.  It fought to stay above its peak for ages and then fell down.  He thinks it will hold in here.  Hold but don’t buy it.


Price:
$18.960
Subject:
TECHNICAL ANALYSIS
Bias:
SELECTIVE
Owned:
No
Showing 1 to 15 of 896 entries
First Previous 1 2 3 4 5 Next Last

1 Comment

mylund

December 19th 2013 at 12:44pm

Who would be railing their crude in North America?


You must be logged in to comment.