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

2017-07-14

Opinion for Crescent Point Energy Corp (CPG-T)

Signal Price Bias Subject Owned
COMMENT $9.220 BULLISH on ENERGY CANADIAN DIVIDEND & GROWTH Unknown

On a payout basis, it has a modest 12% of 4th quarter trailing cash flow, so it looks like the dividend is sustainable. Cash flow for 2017 is expected to be pretty reasonable at $3, with about a 10% increase next year to $3.36. Because there is growth, it looks like the dividend is sustainable. If oil has bottomed at $42 and heads towards $50, there is a reasonable opportunity. Dividend yield of 3.9%.

Robert McWhirter
President, Selective Asset Management

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