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

TSE:CPG

7.62

0.36 (4.51%) 1d

Showing 1 to 15 of 1,357 entries

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

COMMENT

No doubt it's a cheap stock, but Devon Energy has lost 25 straight points (which is ridiculous) in a round trip. Buy Devon.

oil / gas

BUY

$100 oil solves all their problems. Paid down debt. Increased dividend, and that's the right thing to do. This move will attract new investors. Even oil at $80-100, these companies are highly profitable.

oil / gas

WEAK BUY

Reducing leverage on balance sheet. Should be close to net cash by end of 2022. Relatively cheap versus the peer group. Letting hedges roll off, so should see better cashflow. Production looks relatively flat for the next couple of years. Recently raised dividend. Once energy consolidates, names like this should do well.

oil / gas

BUY

John: 40% free cashflow yield. Cheap. Still makes money if oil goes down to $50.

oil / gas

BUY

It's one of the higher-levered companies to energy pricing. They are well-positioned in the US Bakken. Probably they can drill more and get more oil to market fairly quickly. Likes it and this should go higher.

oil / gas

BUY on WEAKNESS

Pays a 2.88% dividend yield and suspects that's safe given oil prices. He prefers Suncor and CNQ and Chevron, larger caps in energy. CPG is down 34% in 11 days, along with many energy stocks. So, now is an opportunity. Likes it. Oil supply can't meet demand.

oil / gas

DON'T BUY

Energy stocks have fallen the past week, despite good long term prospects for sector. Has not bought Canadian energy stocks due to price discount in Canada. Would not buy shares in company. Prefers European names in sector.

oil / gas

Showing 1 to 15 of 1,357 entries

Crescent Point Energy Corp(CPG-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 20

Neutral - Hold Signals / Votes : 3

Bearish - Sell Signals / Votes : 3

Total Signals / Votes : 26

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, 26 stock analysts published opinions about CPG-T. 20 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?

26 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 2022-09-26, Crescent Point Energy Corp (CPG-T) stock closed at a price of $7.62.

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