Crescent Point Energy Corp (CPG.TO) Buy, Sell…

Crescent Point Energy Corp (CPG.TO)

11.72

-0.04 (0.34%)

as of May 14, 2024, 8:00:00 pm Market Open.

1026 watching

TOP PICK

Has owned it for quite a while. It finally cracked and came down. 7.5% yield, paying about half their cash out. Safe dividend. Has growth, in fact one of the best profiles he has seen. Years and years of prospective drilling and it is all oil.

COMMENT

Stock has come off just because of the oil price. This company is a low-cost producer and has a very fine balance sheet. Dividend is as safe as they are in the oil patch. Likes that it is pulling out Bakan light sweet crude, which the world wants. 7.6% dividend yield.

BUY

Core holding. Years and years of inventory, light oil weighted. Execution has been excellent.

DON'T BUY

Going to have a very difficult 2nd quarter earnings report when it comes out in late July. Historically when you get into the month of June, stock does not do very well. Currently it is on a distinct downward trend.

BUY ON WEAKNESS

Probably one of the finest light oil names around. Adds production very well. Beats on cash flows all the time. The question is “What are your views on oil?”. If oil continues to fall, this company will be pressured. Feels the distribution is pretty safe You could look at Buying on weakness.

SELL

Model price of $20.47, so he is short the position. Pays more than they are earning. They have issued a lot of stock to pay the dividend. Earnings make them an under performer.

HOLD

First-rate management and good resource plays. The problem he has is that it is a “love-in” stock so it is trading at huge multiples. Good distribution. Wouldn't rush in.

HOLD

(Market Call Minute.) Great company. Too expensive. Hold it if you already own.

BUY

(Market Call Minute.) Great management team. Dominant player.

BUY

Dividend is safe and if you want to initiate a position, you can pick away down here. Tends to trade at a premium to its piers. Good land position. An attractive one to start building a position.

TOP PICK

Oil focused. Sustainable yield of about 6.5%. Relatively modest growth. Have a number of very prospective plays. Have used new technology to increase recovery factors. Strong balance sheet.

BUY

When then hit 100,000 barrels per day he feels they should get taken out. They hedge a lot of oil and will get $100 a barrel for it. They are at about 94,000 barrels per day now. Has a great land position and lots of future drilling. Solid and safe dividend and would be a good addition for one of the majors.

BUY

A good long-term place to be if you believe in the energy industry. It is been a successful consolidator. Attractive dividend. Valuation is steep but they have been successful in growing over time. Doesn’t own any energy stocks in his portfolio but a colleague does and likes PBN-T.

COMMENT

Can they retain their dividend policy? Has been a lower payer so it is much more sustainable. You are better to buy, these with a lower yield because they are probably more sustainable

BUY

Would be buying this as a dividend vehicle. Yielding almost 7%. Love that they have hedged forward 3 years and are hedged around 50%. Incredible assets. Dividend is very safe.

Showing 991 to 1,005 of 1,409 entries

Most Recent Experts

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

Stan Wong

Private Wealth Management, ScotiaMcleod

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase

Jim Cramer - Mad Money

CNBC

Kim Bolton

Black Swan Dexteritas

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Summer Sale

Crescent Point Energy Corp (CPG.TO)