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Crescent Point Energy Corp (CPG-T)

ON STOCKCHASE SINCE Jan 2004

oil/gas

Crescent Point Energy Cor...
CPG-T

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What the experts are saying about CPG-T

Signal	Opinion	Expert
DON'T BUY	Crescent Point Energy Corp(CPG-T) March 14, 2019 A market darling for a few years. When things went difficult in the oil patch they didn't react fast enough. They are still a big oil producer. There is a lot of uncertainty in that regard. A $100 oil seems to be a far away dream now. Stable but what is the catalyst for this to go higher? He doesn't know. oil/gas 0 0 0 0 0 0 comments	A market darling for a few years. When things went difficult in the oil patch they didn't react fast enough. They are still a big oil producer. There is a lot of uncertainty in that regard. A $100 oil seems to be a far away dream now. Stable but what is the catalyst for this to go higher? He doesn't know. oil/gas 0 0 0 0 0 0 comments Chris Stuchberr Portfolio , Wellington-Altus Pri... Price $3.990 Owned Unknown

DON'T BUY	Crescent Point Energy Corp(CPG-T) March 13, 2019 He once owned it. They were good at growing assets and production, but they issued a lot of equity to do this. When oil prices rolled over, CPG got hurt; their debt levels went through the roof and got into a bind. New management is selling assets and cutting the dividend to deal with this problem. It'll be a struggle for them for a while. They have more assets they can sell, but buyers think they can get them cheaper. oil/gas 0 0 0 0 0 0 comments	He once owned it. They were good at growing assets and production, but they issued a lot of equity to do this. When oil prices rolled over, CPG got hurt; their debt levels went through the roof and got into a bind. New management is selling assets and cutting the dividend to deal with this problem. It'll be a struggle for them for a while. They have more assets they can sell, but buyers think they can get them cheaper. oil/gas 0 0 0 0 0 0 comments Douglas Kee Chief Inve, Leon Frazer & Associ... Price $4.070 Owned No
SELL	Crescent Point Energy Corp(CPG-T) March 11, 2019 They reduced their dividend down to a penny. Ask yourself where the stock is going next, not where it has come from. It is hard to make a case for a high degree of upside. Their production has been shrinking. See his top picks today for one that can go back up again. oil/gas 0 0 0 0 0 0 comments	They reduced their dividend down to a penny. Ask yourself where the stock is going next, not where it has come from. It is hard to make a case for a high degree of upside. Their production has been shrinking. See his top picks today for one that can go back up again. oil/gas 0 0 0 0 0 0 comments Teal Linde Portfolio , Linde Equity Report... Price $3.970 Owned Unknown
BUY	Crescent Point Energy Corp(CPG-T) March 8, 2019 Their asset write down was meaningless. Their reserves did not change which is what he cares about. They will generate $400M free cashflow. The stock is trading below their blowdown value. They are doing the right thing by slowing down the drilling and buying back stock. Management are doing the right thing. oil/gas 0 0 0 0 0 0 comments	Their asset write down was meaningless. Their reserves did not change which is what he cares about. They will generate $400M free cashflow. The stock is trading below their blowdown value. They are doing the right thing by slowing down the drilling and buying back stock. Management are doing the right thing. oil/gas 0 0 0 0 0 0 comments Eric Nuttall Partner & , Ninepoint Partners... Price $4.040 Owned Unknown
COMMENT	Crescent Point Energy Corp(CPG-T) March 5, 2019 The Canadian Oil and Gas sector is seriously oversold. Many of the wounds of the sector are self-imposed. He is warming up to the Canadian names as he thinks that the current political madness in Canada won't last much longer. oil/gas 0 0 0 0 0 0 comments	The Canadian Oil and Gas sector is seriously oversold. Many of the wounds of the sector are self-imposed. He is warming up to the Canadian names as he thinks that the current political madness in Canada won't last much longer. oil/gas 0 0 0 0 0 0 comments Rick Rule Pres. & C, Sprott USA... Price $4.080 Owned No
HOLD	Crescent Point Energy Corp(CPG-T) February 28, 2019 They reduced the dividend and turned off yield investors so the stock price dropped. They are buying back stock from the savings on the dividend. He thinks this is a mistake. The insiders are buying. He likes it when he sees this. oil/gas 0 0 0 0 0 0 comments	They reduced the dividend and turned off yield investors so the stock price dropped. They are buying back stock from the savings on the dividend. He thinks this is a mistake. The insiders are buying. He likes it when he sees this. oil/gas 0 0 0 0 0 0 comments Josef Schachter President, Schachter Asset Mana... Price $4.250 Owned No
DON'T BUY	Crescent Point Energy Corp(CPG-T) February 27, 2019 For a second time this year the dividend has been cut. He does not own it today. He wants to see sustainability of production before getting back in. They have lost the confidence of the investor base. Without the dividend or credibility from management there is no reason to hold this. oil/gas 0 0 0 0 0 0 comments	For a second time this year the dividend has been cut. He does not own it today. He wants to see sustainability of production before getting back in. They have lost the confidence of the investor base. Without the dividend or credibility from management there is no reason to hold this. oil/gas 0 0 0 0 0 0 comments Ryan Bushell President, Newhaven Asset Manag... Price $4.300 Owned No
DON'T BUY	Crescent Point Energy Corp(CPG-T) February 25, 2019 Dividend safe? Disappointing. The dividend used to be safe. He's owned it in the past. oil/gas 0 0 0 0 0 0 comments	Dividend safe? Disappointing. The dividend used to be safe. He's owned it in the past. oil/gas 0 0 0 0 0 0 comments Andrew Pyle Senior wea, The Pyle Group, Scot... Price $3.980 Owned No
DON'T BUY	Crescent Point Energy Corp(CPG-T) February 22, 2019 Not much to say beyond a downtrend with no sign of a base. He wouldn't touch it. oil/gas 0 0 0 0 0 0 comments	Not much to say beyond a downtrend with no sign of a base. He wouldn't touch it. oil/gas 0 0 0 0 0 0 comments Keith Richards Portfolio , ValueTrend Wealth Ma... Price $3.950 Owned Unknown
DON'T BUY	Crescent Point Energy Corp(CPG-T) February 14, 2019 He would not buy it at this point. He has been short for a few years. It has fallen too far too fast. It has too much cash and not enough cash flow. oil/gas 0 0 0 0 0 0 comments	He would not buy it at this point. He has been short for a few years. It has fallen too far too fast. It has too much cash and not enough cash flow. oil/gas 0 0 0 0 0 0 comments Jason Mann CIO & Co-F, Edgehill Patners... Price $3.740 Owned Yes
COMMENT	Crescent Point Energy Corp(CPG-T) February 11, 2019 If you believe the analysts, CPG will make 33 cents in the next year which is interesting upside. His fair market value for CPG is $9. Its balance sheet is falling. It had a nice earnings rally but is dropping again. How good are their earnings forecast? This could be part of a serious rally of 100-200%. Maybe, if something interesting happens in oil. These oil stocks are so cheap. He can't advise whether to bail on this stock, but also miracles happen. oil/gas 0 0 0 0 0 0 comments	If you believe the analysts, CPG will make 33 cents in the next year which is interesting upside. His fair market value for CPG is $9. Its balance sheet is falling. It had a nice earnings rally but is dropping again. How good are their earnings forecast? This could be part of a serious rally of 100-200%. Maybe, if something interesting happens in oil. These oil stocks are so cheap. He can't advise whether to bail on this stock, but also miracles happen. oil/gas 0 0 0 0 0 0 comments Ross Healy Chairman, Strategic Analysis C... Price $3.260 Owned Unknown
DON'T BUY	Crescent Point Energy Corp(CPG-T) February 8, 2019 Spring is seasonal strength for oil strikes before driving season. Jan.12-April 24 oil gains 10% above the benchmark, positive 12 of 15 years. He's starting to be enticed by the oil stocks. True, CPG suffers lower lows and lower highs, even today. All its moving averages are still down, but this is oversold and due for a bounce. On CPG's side is that oil is in higher demand. But for now, stay away from this. oil/gas 0 0 0 0 0 0 comments	Spring is seasonal strength for oil strikes before driving season. Jan.12-April 24 oil gains 10% above the benchmark, positive 12 of 15 years. He's starting to be enticed by the oil stocks. True, CPG suffers lower lows and lower highs, even today. All its moving averages are still down, but this is oversold and due for a bounce. On CPG's side is that oil is in higher demand. But for now, stay away from this. oil/gas 0 0 0 0 0 0 comments Jon Vialoux Research A, CastleMoore Inc.... Price $3.420 Owned Unknown
COMMENT	Crescent Point Energy Corp(CPG-T) February 5, 2019 Cutting production and dividend recently, but the stock price is still low. It's the ultimate contrarian pick. Something eventually will happen to revalue this stock, like somebody buys it. Cutting the dividend and paying down debt were the right decisions they've made. With crude prices rising and the WCS spread shrinking, something will eventually happen to this stock. oil/gas 0 0 0 0 0 0 comments	Cutting production and dividend recently, but the stock price is still low. It's the ultimate contrarian pick. Something eventually will happen to revalue this stock, like somebody buys it. Cutting the dividend and paying down debt were the right decisions they've made. With crude prices rising and the WCS spread shrinking, something will eventually happen to this stock. oil/gas 0 0 0 0 0 0 comments Colin Stewart CEO & Port, JC Clark Investments... Price $3.640 Owned Unknown
DON'T BUY	Crescent Point Energy Corp(CPG-T) February 1, 2019 Two strikes against it: Canadian energy, and the name is in the penalty box because they over-promised and under-delivered. They're doing all the right things, and the assets are good, but nobody cares. It's going to lag. If you like it, buy Tourmaline, or CNQ, or Suncor, or Whitecap. oil/gas 0 0 0 0 0 0 comments	Two strikes against it: Canadian energy, and the name is in the penalty box because they over-promised and under-delivered. They're doing all the right things, and the assets are good, but nobody cares. It's going to lag. If you like it, buy Tourmaline, or CNQ, or Suncor, or Whitecap. oil/gas 0 0 0 0 0 0 comments Bruce Campbell President, Campbell and Lee Inv... Price $3.850 Owned Unknown
SPECULATIVE BUY	Crescent Point Energy Corp(CPG-T) January 30, 2019 Frustrating to own. It looks cheap on paper, with solid assets and good managers. But in the past they overspent on acqusitions without generating enough returns. They've really cut back on that approach. Now, they need to sell some assets. If oil stays in the low-$50s/60s, this has enormous upside and the dividend will gradually increase. If oil reaches $65, CPG could easily double. oil/gas 0 0 0 0 0 0 comments	Frustrating to own. It looks cheap on paper, with solid assets and good managers. But in the past they overspent on acqusitions without generating enough returns. They've really cut back on that approach. Now, they need to sell some assets. If oil stays in the low-$50s/60s, this has enormous upside and the dividend will gradually increase. If oil reaches $65, CPG could easily double. oil/gas 0 0 0 0 0 0 comments Jim Huang President, T.I.P. Wealth Manage... Price $3.950 Owned Unknown

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