Crescent Point Energy Corp (CPG.TO)

(A Top Pick Feb 1/13. Up 5.56%.) Cdn oil stocks have been a disappointment. They are starting to catch up a little bit. This company has a great land position and a good dividend yield. Had a 20% dilution last year and yet they added more than 50% to their land holdings. Have a lot of great growth ahead of them. The Cdn$ falling is going to be a huge benefit for them.

Good, high quality company. Has been a little bit range bound over the last year or so. Company had made a number of acquisitions back in 2012 and had issued a fairly substantial amount of equity so there was a bit of market fatigue over the company’s path. 2013 was a bit of a breather year for them. Underlying operating results are quite good. Good high-quality properties. Continues to like this company.

Why is the P/E ratio so high and the Operating Margin is so low? Ignore PE and looking at Price to Cash Flow instead. Everybody loves this one. It has the big yield. Has a fantastic balance sheet and great management. They are doing everything right. We all need some oil in our portfolio and this is the one to have. 7.28% yield.

A phenomenal success story. A popular stock. He has been on the sidelines for 3 years. They get a lot of criticism for issuing a lot of stock. That is a bit of an unfair criticism because their strategy is to issue a high dividend and then use the stock as a currency. He doesn’t have a problem with that. But he is concerned about decline rates in the first year. They will lose 30% of production this year and have to replace it plus the amount they want to grow this year.

Has a good dividend, which he believes is safe, especially where oil prices are now. This has fallen with the general market. It’s got more promise than delivery in the last few years. People criticized management for making too many acquisitions and issuing too much stock when they did that. They haven’t done that for a while now. This is a good one to own for the income and hopefully there will be some capital gain at some point.

Likes this because of its 7%+ dividend. The dividend was not cut, even through the financial crisis. Not expecting the dividend to grow much but thinks the company will maintain it. Expects production to grow 8%-10% over the next few years.

A core holding for him. A grandfather of growth / dividend model, oil weighted. About 7% yield. Posed for a much better 2014, transitioning from an acquisition to organic growth model and not continuing to issue equity.

This is one of the stocks that a lot of people might buy just for the income side of it. Has a fantastic dividend of about 7%. Because it has a fairly sideways, although volatile, pattern you could buy it if you just want to make your 7%. It is probably not going to go crashing down. Seems to be range bound. Seasonably, February to May is a good time to own oils.

The stock is not falling apart and he feels he can still get his dividend over the summer. If you can get in at the low $30s then it is a back the truck up thing.

Emerging as one of the great Midcap producers in Canada. The estimated exit rate is about 137,000 barrels a day. Focused on acquiring lands and companies for prospective resources and developing them in a primary and secondary method. He is looking for a 26% gain including the 7% dividend.

Likes that the company has expanded their footprint into the US. Right now management is more focused on integrating their acquisitions and growing organically. Doesn’t think they will be focusing on doing another acquisition or increasing the dividend anytime soon. Should benefit from some of the weakness we are seeing in the Cdn$.

Between Baytex Energy (BTE-T) and Crescent Point (CPG-T), which one would you take? He would definitely go for this one if you want yield. Very well managed company. If you are looking for more capital growth, he would go with Baytex. Both pay a good yield and are well managed.

(A Top Pick Jan 25/13. Up 8.09%.) Thinks there has been a big amount of selling out of the US. They just got listed on the NYSE today but the stock did nothing. We’ll have to wait and see. He is continuing to Buy. Feels the dividend is very safe and this is one of the best managed Canadian companies.

Made a base since mid -2012. A little bit of a pull back now to $37 would be a good buying opportunity.

Well-run company and have done a great job of managing the balance sheet, so the dividend should be safe. Debt level is roughly half of what their peers’ average is. Expects there will be some surprises over the next 12 months with a better response from the water flood program they are doing in Alberta and Saskatchewan. Going to be listed on the NYS on January 22, giving them more coverage.