Viewing Company Crescent Point Energy Corp | StockChase
stockchase picture

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

Crescent Point Energy Corp Stock Symbol: CPG-T

Last Price Recorded: $10.0700 on 2017-06-22

Globe 5 day average
Google Discussions (view only)
yahoo discussion
Bloomberg
Date Signal Expert Opinion Price
2017-06-16 COMMENT Norman Levine

Had owned this in clients’ income accounts because of the good dividend, but when oil prices came under pressure and they were making all kinds of acquisitions, he decided he did not want to be in this any more and sold his holdings. The stock has come down because of low oil prices, and is getting to a point where it might be a reasonable buy as a trade, but we are not there yet.


Price:
$11.240
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2017-06-16 COMMENT Greg Newman

This one really depends on how much exposure you already have to energy. If you are underweight, then you can start sniffing around. Balance sheets really matter if you have a world of $35-$40 oil for a long period of time. He doesn’t think that is going to happen. Expects oil will be for $38-$58, and if he is right, this is probably a really good name.


Price:
$11.240
Subject:
CANADIAN DIVIDEND & DEFENSIVE STRATEGIES
Bias:
BULLISH
Owned:
Unknown
2017-06-14 COMMENT Bill Harris, CFA

Their execution over the past 12 months has not been great, and the stock market is not very patient. He is just coming around now to look at this, because it just might get too cheap. The impression is that their operating issues are fixable and they are fixing them, but you are not seeing it in the numbers yet.


Price:
$11.170
Subject:
RESOURCE
Bias:
UNKNOWN
Owned:
No
2017-06-12 COMMENT Josef Schachter

A very cheap stock. BV is $17.68, and the stock is trading much below that at $11.78. Production is the issue. They’re at about 173,000 BOEs a day in the 1st quarter of 2017. Talking about their guidance of 172,000, so really there is no growth in production this year. The market is concerned because 1) they did an equity issue and 2) where is growth going to come from. Potentially you could see this break the $10 range. Very cheap at these levels and they have a balance sheet that can survive. Likes the company, but it does have some near-term volatility.


Price:
$11.780
Subject:
ENERGY & ENERGY SERVICE STOCKS
Bias:
BEARISH on ENERGY
Owned:
No
2017-06-06 COMMENT Peter Hodson

In a registered account. Not his favourite company. They are serial issuers and the sector is rolling over. They really haven’t created that much long-term shareholder value. However, it is also one of the best companies to own if the energy sector recovers. Has great leverage to oil prices, and is a “go to” name for many, many large institutions. That makes it worth holding if you can’t utilize a tax loss. If you are outside of a registered account, there are better names out there.


Price:
$12.160
Subject:
CANADIAN SMALL & MIDCAPS
Bias:
UNKNOWN
Owned:
Unknown
2017-06-06 DON'T BUY John Stephenson

This is a good company. Inexpensive with good assets and good management. The big problem is the reputation of being a serial equity issuer. However, the broader problem is, where is the upside going to come from for an energy company or an oil/gas company. The commodity is range bound. There is just not enough reason to be bullish on energy right now. He sees another year or so, if not longer, of range bound oil markets.


Price:
$12.160
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Unknown
2017-06-02 COMMENT Brian Acker, CA

The mean estimate for this year, December 17 is $.38 in terms of earnings. They are still paying out $.36. His model price has gone up from $2-$3 to $11. It closed at $12.06 and is still a negative 8%, and he thinks it goes down to probably the single digits level.


Price:
$11.710
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US$
Owned:
Unknown
2017-05-29 DON'T BUY Teal Linde

52 week low today.  It has become a value stock.  He’d have a hard time being a buyer.  He prefers others. 


Price:
$12.110
Subject:
NORTH AMERICAN - LARGE/MID CAPS
Bias:
SELECTIVE
Owned:
Unknown
2017-05-25 COMMENT Douglas Kee

His outlook is that you are going to get oil trading at $50-$60, and just kind of grind higher over time as inventories decline. In the last quarter, they did some purchases of land, but also sold land to offset that. They have great land positions, but the market isn’t going to pay them for that right now.


Price:
$12.260
Subject:
CANADIAN DIVIDEND
Bias:
UNKNOWN
Owned:
Yes
2017-05-24 HOLD Zachary Curry

They hold high quality assets, but questions the structure of the company and how management really raises equity. Too frequently for him. Any time you do anything, management goes out and raises equity, diluting existing shareholders, making the former dividend harder to pay.


Price:
$13.030
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2017-05-23 DON'T BUY Eric Nuttall

They are trying to reinvent their story. While they may have decent assets, their Canadian business is partially showing signs of aging. He doesn’t see them attracting the interests of US investors. In Canada, investors have had a bad decade with this name.


Price:
$13.180
Subject:
ENERGY
Bias:
BEARISH on CANADIAN MARKET
Owned:
No
2017-05-18 DON'T BUY David Cockfield

One of the best managed intermediates that you can buy, but nobody cares. You might as well accept that fact for a while. They came up with some really super earnings, and the stock has just gone down. You really have to believe in the energy sector, and right now a lot of people south of the border do not believe in our energy sector.


Price:
$12.900
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Yes
2017-05-17 COMMENT David Baskin

A good operator. If he were going to own oil, it might be one he would think about. He is not going to own any oil companies, because there is lots of evidence that there is too much production capability around the world. As soon as the oil price does go up, more production comes online.


Price:
$12.780
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2017-05-16 HOLD Christine Poole

Though she has this in some portfolios, she has not been actively buying for a couple of years. The stock price will be dictated by where crude prices go. If the OPEC production cuts have more effect, and we start to see inventory drawdowns, then energy names can start working. This company has been known to issue a lot of equity to fund positions to grow their inventory land. The last issue they did was not very well received. They have a very attractive land base to drill from, so she doesn’t expect they will be looking to acquire more.


Price:
$13.160
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Yes
2017-05-09 COMMENT Lyle Stein

Sell Baytex (BTE-T) and Crescent Point (CPG-T) and move into Teck Resources (TECK.B-T)? Crescent Point and Baytex had high dividends. When oil fell, the dividend strategy collapsed. From this, he learned don’t rely on commodity stocks to pay dividends. Both are down in the dumps, but both are good names. Baytex probably has a little more debt than he would like, but this one is really trying to remake itself. If looking for torque in a portfolio, you will probably get more in the near term, from a base metal stock that you would from an oil stock.


Price:
$13.110
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
Unknown
Showing 1 to 15 of 1,092 entries
<< < 1 2 3 4 5 > >>

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.