Buy, Sell or Hold: Crescent Point Energy Corp (CPG-T)

TSE:CPG

9.81

0.22 (2.29%) 1d

Showing 1 to 15 of 1,337 entries

COMMENT

Obviously CPG has benefited from rising oil prices. She owned this years ago, but now prefers the pipelines, which avoid oil price utility. CPG will go where crude oil goes.

oil / gas

BUY

Similar to Baytex, but carries a little more debt. They have sold some assets to re-focus. They have leverage to the upside, but if you are negative about oil, you can short this.

oil / gas

TOP PICK

These companies have finally got religion by treating their shareholders better by paying down their debt, raising dividends and buying back shares. Trading at a 20%+ free cash flow yield. He chose CPG and sees more upside than other oil companies, because CPG was the worst offender (under the past CEO) in buying companies, issuing more stocks and diluting shares. Now, they've changed--consolidating, raising the dividend, paying down debt and buying back shares. Of course, it benefits from high oil prices. (Analysts’ price target is $13.71)

oil / gas

BUY

A name you want to own. New management has really focused the company on nat gas. Balance sheet is improving significantly. Will probably be able to raise dividend later this year. $20 target in next 3-5 years, with potential dividend increases along the way.

oil / gas

COMMENT

It is a good company and has done well navigating through the oil and gas turmoil. It is buying back stock. The oil and gas business is tricky. Consider Tourmaline (TOU) as a more diversified company and its sister company Topaz. He also suggested Rubilex (RDY) as a very good micro cap. It is not being followed, trades at 2X cash flow and has very good drilling/exploration potential in a project.

oil / gas

Unspecified

It is a leveraged play. About 85% liquids. There will be a bonanza of cash flow due to higher commodity prices but don't hold through the cycle. There is a better one in the top picks.

oil / gas

Unspecified

It is a decent company which is earning its stripes back. There is still upside if management continues to be diligent to their commitments. Oil is still in a seasonal uptrend.

oil / gas

HOLD

Has followed company for a number of years, but does not own stock. Company has preformed well the past few years. A lot of properties that have potential. Will be a good investment in next 2-3 years. Not a good term short term hold (1-2 months). Stock price is fairly valued.

oil / gas

PAST TOP PICK

(A Top Pick Mar 30/20, Up 777.3%) He bought when they were throwing these stocks out. In his personal portfolio, he's now sold all his oil stocks, seeking better returns elsewhere.

oil / gas

N/A

Free cash flow yield very high. Reason company not trading higher is because of ESG concerns. Investors worried about how long energy prices will remain strong. Concerns about value of long dated reserves.

oil / gas

TOP PICK

Fits in with his themes of what's timely. Reasonably cheap, FMV is way higher. The kind of stock you can comfortably be in and not expect anything bad to happen. Yield is 2.14%. (Analysts’ price target is $10.95)

oil / gas

BUY

Believes company will raise dividend soon. Has made some good acquisitions of assets. Cost savings and improved economics will increase stock price. $80 oil price, share price should be $13. $100 oil price, share price should be $19.

oil / gas

DON'T BUY

She owns no energy producers. CPG has benefited the past year from rising oil prices. But over five years, you're down double digits. This year, it'll depend on oil prices. If you think oil prices will go a lot higher, so will CPG, but she can't forecast oil. Though, she doesn't see a huge rise.

oil / gas

COMMENT

Believes company and energy sector getting a nice lift with energy prices rising. Good assets with attractive valuation, if energy prices stay at current level, or go lower. However, does not own stock. Better opportunities in Kelt Exploration, Nuvista Energy and Headwater Exploration.

oil / gas

HOLD

Recent large dividend increase. Lots of free cash. Astute management in turning the company around. Reasonable multiple. A longer term hold. Capex program is steady. Expects dividend increases over the years, and perhaps some buybacks.

oil / gas

Showing 1 to 15 of 1,337 entries

Crescent Point Energy Corp(CPG-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 5

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 3

Total Signals / Votes : 10

Stockchase rating for Crescent Point Energy Corp is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Crescent Point Energy Corp(CPG-T) Frequently Asked Questions

What is Crescent Point Energy Corp stock symbol?

Crescent Point Energy Corp is a Canadian stock, trading under the symbol CPG-T on the Toronto Stock Exchange (CPG-CT). It is usually referred to as TSX:CPG or CPG-T

Is Crescent Point Energy Corp a buy or a sell?

In the last year, 10 stock analysts published opinions about CPG-T. 5 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Crescent Point Energy Corp.

Is Crescent Point Energy Corp a good investment or a top pick?

Crescent Point Energy Corp was recommended as a Top Pick by on . Read the latest stock experts ratings for Crescent Point Energy Corp.

Why is Crescent Point Energy Corp stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Crescent Point Energy Corp worth watching?

10 stock analysts on Stockchase covered Crescent Point Energy Corp In the last year. It is a trending stock that is worth watching.

What is Crescent Point Energy Corp stock price?

On 2022-05-17, Crescent Point Energy Corp (CPG-T) stock closed at a price of $9.81.

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