PAST TOP PICK
(A Top Pick Dec 21/21, Up 69%) Energy performed very well this year. High energy prices will continue to hold. New discipline paying off for shareholders (returning capital to shareholders). Increasing dividends, paying down debt and share buybacks will reward shareholders. Thinks excess cash flow should be invested in renewables or, other growth areas.
oil / gas
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly A play that western Canadian oil prices can be sustained. The company can generate $1.25 billion in excess cash flow at $80 WTI. It announced a 25% increase in the base dividend for 2023 and an acquisition of prolific Duvernay assets. It trades at under 3x cashflow and under book value. Recent earnings support a ROE of 33%, while the company is aggressively retiring debt. We recommend a stop loss at $6, looking to achieve $13 - upside potential over 40%. Yield 2.8% (Analysts’ price target is $13.09)
oil / gas
Unspecified
It is a dominant player in that sector of the economy. It has made a new acquisition in Duverney and it might take some time to drill it out. It is well run and is coming back.
oil / gas
HOLD
Not buying shares at this time. Waiting for company to increase acreage. Better companies to invest in.
oil / gas
HOLD
Believes is a good company, but thinks energy prices will not remain high for the long term. If going into recession, then oil prices will fall. Rising interest rates are likely to push economy into recession.
oil / gas
PAST TOP PICK
(A Top Pick Oct 28/21, Up 74%) Cheap PE. Excellent upside potential. Likes fossil fuel industry going forward. Gross underinvestment. Powers that be continue to put pressure on the sector.
oil / gas
Unspecified
It has returned free cash flow but he is worried about inventories. It will need better quality inventory and to be active in acquisitions. It is good on other counts such as management.
oil / gas
BUY
Is positive on energy sector. Good company that has had a turnaround. Return of capital (dividends and buybacks) is good for investors. Overall, is a good business going forward. Believes will be a continued need for fossil fuels.
oil / gas
BUY
Lowest of high conviction names. Has sold shares even though believes company has large upside. Expects share price to rise.
oil / gas
PAST TOP PICK
(A Top Pick Jul 20/21, Up 113%) Believes there is a lot more upside in the share price. Largest active manager investor in the company. Currently trading at ~1.5x cash flow and has 45% free cash flow yield. Management on board with returning capital to shareholders. Expecting company to be debt free in Q3 next year. Expecting a 5x multiple or a $32 share price.
oil / gas
BUY
CPG vs. BIR More balanced oil and nat gas, whereas BIR has more nat gas. Good turnaround from new management. Cheap on free cashflow basis. He'd definitely look at it at these prices.
oil / gas
HOLD
The highs we saw in May might end up being the highs of the cycle. Cheap now. Generating gobs of cash and giving it to shareholders. Not a long-term growth position at this point. He hasn't added to the sector since mid-June.
oil / gas
BUY
Why target debt instead of zero debt? Their target debt was based on $45 WTI, less than half of where oil is now. That would be great for their balance sheet. They also talk about capital returns to shareholders, with theirs being 16% compared to peers at 11%. If oil stays at these levels, CPG is cheaper than the group and is executing well. He's been trading, but would be a net buyer.
oil / gas
BUY
Believes prospects for energy companies is good. Recent capital discipline is renewing interest in company. Even if oil price goes to $80, company will preform well. Less capital going into exploration and drilling programs will keep oil prices up. Positive on the prospects of the company.
oil / gas
BUY
Cleaned up balance sheet. More focused than before. Goal is to return 50% of cashflow to shareholders. Free cashflow yield north of 20%. A good name. Nice dividend around 3.8%, which may increase.
oil / gas
Showing 1 to 15 of 1,364 entries

Crescent Point Energy Corp(CPG-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 21

Neutral - Hold Signals / Votes : 4

Bearish - Sell Signals / Votes : 3

Total Signals / Votes : 28

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, 28 stock analysts published opinions about CPG-T. 21 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?

28 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 2023-01-27, Crescent Point Energy Corp (CPG-T) stock closed at a price of $9.96.