Crescent Point Energy Corp | StockChase
1134
Crescent Point Energy Corp (CPG-T)

Last Price Recorded: $8.4900 on 2017-12-14

ON STOCKCHASE SINCE Jan 2004

oil/gas
1134
Crescent Point Energy Corp (CPG-T)

Last Price Recorded: $8.4900 on 2017-12-14

ON STOCKCHASE SINCE Jan 2004

oil/gas

Crescent Point Energy Corp


Signal Opinion Expert
COMMENT

(Market Call Minute.) Likes the sector. Stock is behaving pretty well. Reducing their reinvestment dividend plan has certainly been helpful. There may be better names, but you are going to win from the sector.

oil/gas

(Market Call Minute.) Likes the sector. Stock is behaving pretty well. Reducing their reinvestment dividend plan has certainly been helpful. There may be better names, but you are going to win from the sector.

oil/gas
David Burrows

President & Chief Investment Strategist, Barometer Capital Ma...

PricePrice
$40.440
Owned Owned
Unknown

BUY

A very dominant company.  The only irritant is that they knock everyone else when they present to you.  He would continue to hold it.

oil/gas

A very dominant company.  The only irritant is that they knock everyone else when they present to you.  He would continue to hold it.

oil/gas
Michael Smedley

Exec VP & Chief Investment Officer, Morgan Meighan & Ass...

PricePrice
$40.350
Owned Owned
Yes

BUY

Not a lot of capital appreciation.  They are digesting some large acquisition over the last couple of years, but going forward you could see increases in cash flow.  They could get more acquisitive in the next year or two.  You will get your yield and the payout is pretty well covered.

oil/gas

Not a lot of capital appreciation.  They are digesting some large acquisition over the last couple of years, but going forward you could see increases in cash flow.  They could get more acquisitive in the next year or two.  You will get your yield and the payout is pretty well covered.

oil/gas
Andy Nasr

VP & Investment Strategist, Sentry Investments...

PricePrice
$39.820
Owned Owned
Yes

DON'T BUY

There are a group of these energy names that pay a distribution way above what they are earning. His model price is $31.42, a negative 21%. They pay a distribution of $2.76. Investors look at 6.78%, but mean estimates in terms of earnings, is $1 and next year it is $0.95. What it means is that they are paying out their capital to investors. Overvalued.

oil/gas

There are a group of these energy names that pay a distribution way above what they are earning. His model price is $31.42, a negative 21%. They pay a distribution of $2.76. Investors look at 6.78%, but mean estimates in terms of earnings, is $1 and next year it is $0.95. What it means is that they are paying out their capital to investors. Overvalued.

oil/gas
Brian Acker, CA

Chief Executive Officer, President and Chief Inves, Acker Finley Inc....

PricePrice
$40.070
Owned Owned
Unknown

BUY

Good dividend payer and good solid company.  Prefers more diversification than just one stock in this sector.  See ZEO.

oil/gas

Good dividend payer and good solid company.  Prefers more diversification than just one stock in this sector.  See ZEO.

oil/gas
Larry Berman CFA, CMT, CTA

Chief Investment Officer, Partner, ETF Capital Manageme...

PricePrice
$40.250
Owned Owned
Unknown

PAST TOP PICK

(Top Pick Mar 18/13, Up 10.21%) Still doesn’t know if Keystone will get approved.  It is fading in relative significance.

oil/gas

(Top Pick Mar 18/13, Up 10.21%) Still doesn’t know if Keystone will get approved.  It is fading in relative significance.

oil/gas
Peter Brieger

Chairman & Chief Executive Officer, GlobeInvestment Capi...

PricePrice
$40.250
Owned Owned
Yes

BUY

He recently added to his position. Doesn’t know where the price of oil is going. He believes it is going to stay high which will be highly profitable for all producers. He is happy to continue owning a company that adds to its reserves and to its production very profitably. Dividend is safe.

oil/gas

He recently added to his position. Doesn’t know where the price of oil is going. He believes it is going to stay high which will be highly profitable for all producers. He is happy to continue owning a company that adds to its reserves and to its production very profitably. Dividend is safe.

oil/gas
Norman Levine

Managing Director, Portfolio Management...

PricePrice
$40.590
Owned Owned
Yes

HOLD

A range bound stock and a lot of people talk about it extolling its virtues. Great balance sheet, high net backs, exposure to a top ranked plays. Why can’t it get out of its own way? Shareholders are still getting used to the fact that this used to be a monster grower. Looking at how much its production grew over the last 4 years, it was up about 28%. For the next 2 years, he sees production growth only being about 6%-7%. While not so bad, when you net out the DRIP, cash flow per share growth is only about 3%. Payout ratio is average at about 130%. Just boosted their outlook on their latest quarter, but did that by assuming a lower Cdn$ and higher oil prices, so it wasn’t organically driven. Try to get it at around $38-$39.

oil/gas

A range bound stock and a lot of people talk about it extolling its virtues. Great balance sheet, high net backs, exposure to a top ranked plays. Why can’t it get out of its own way? Shareholders are still getting used to the fact that this used to be a monster grower. Looking at how much its production grew over the last 4 years, it was up about 28%. For the next 2 years, he sees production growth only being about 6%-7%. While not so bad, when you net out the DRIP, cash flow per share growth is only about 3%. Payout ratio is average at about 130%. Just boosted their outlook on their latest quarter, but did that by assuming a lower Cdn$ and higher oil prices, so it wasn’t organically driven. Try to get it at around $38-$39.

oil/gas
Greg Newman

Director & Portfolio Manager, Scotia Wealth Manage...

PricePrice
$40.430
Owned Owned
Unknown

BUY on WEAKNESS

For the next 5 years, gas and oil prices are range-bound at best.  Forward looking markets are not optimistic.  He is looking to take money off the table.  Buy on pullbacks at the lower end of the trading range.

oil/gas

For the next 5 years, gas and oil prices are range-bound at best.  Forward looking markets are not optimistic.  He is looking to take money off the table.  Buy on pullbacks at the lower end of the trading range.

oil/gas
Larry Berman CFA, CMT, CTA

Chief Investment Officer, Partner, ETF Capital Manageme...

PricePrice
$40.090
Owned Owned
Unknown

PAST TOP PICK

(Top Pick Feb 1/13, Up 11.95%) Should have done better but they flooded the market with new equity.  They are building great asset value for the long term.

oil/gas

(Top Pick Feb 1/13, Up 11.95%) Should have done better but they flooded the market with new equity.  They are building great asset value for the long term.

oil/gas
John Zechner

Chairman, J. Zechner & Assoc...

PricePrice
$40.090
Owned Owned
Yes

COMMENT

This is a good name. Feels the Street has missed when they bought some assets in the US. Did particularly well in Saskatchewan where their water flooding did quite well.

oil/gas

This is a good name. Feels the Street has missed when they bought some assets in the US. Did particularly well in Saskatchewan where their water flooding did quite well.

oil/gas
Lyle Stein

Sr. Portfolio & Managing Director, Vestcap Investment M...

PricePrice
$40.000
Owned Owned
Yes

PAST TOP PICK

(A Top Pick April 17/13. Up 19.07%.) Still likes this. It is a frustrating name because it feels like the name is kind of stuck. Very well owned in Canada and they really need to rely on the incremental buyer from the US coming into the name. Have a very sustainable dividend becoming more sustainable in time as their capital efficiencies improve and their decline rates fall with the implementation of water flood. Just listed in New York.

oil/gas

(A Top Pick April 17/13. Up 19.07%.) Still likes this. It is a frustrating name because it feels like the name is kind of stuck. Very well owned in Canada and they really need to rely on the incremental buyer from the US coming into the name. Have a very sustainable dividend becoming more sustainable in time as their capital efficiencies improve and their decline rates fall with the implementation of water flood. Just listed in New York.

oil/gas
Eric Nuttall

Senior Portfolio Manager, Ninepoint Partners...

PricePrice
$38.720
Owned Owned
Yes

TOP PICK

CEO is one of Canada’s more remarkable and not well known entrepreneurs in the oil patch. A very conservative company. Street developed a lack of affection because they kept raising equity. Acquired an extraordinarily valuable and oil production area in Utah. Built its own transportation facilities so it can move 100% of its oil by rail and is not dependent on pipelines. 7% dividend yield.

oil/gas

CEO is one of Canada’s more remarkable and not well known entrepreneurs in the oil patch. A very conservative company. Street developed a lack of affection because they kept raising equity. Acquired an extraordinarily valuable and oil production area in Utah. Built its own transportation facilities so it can move 100% of its oil by rail and is not dependent on pipelines. 7% dividend yield.

oil/gas
Michael Decter

President & CEO, Lawrence Decter Inve...

PricePrice
$39.000
Owned Owned
Yes

BUY

Gets up to $40 and then trades down a bit.  Not sure why.  Maybe we need a more sustained movement in Crude.  She owns it because it has low exploration risk due to high inventory.  It is an exploitation strategy.  Yield is very safe although she sees little increase in it.  She expects 10% return per year.

oil/gas

Gets up to $40 and then trades down a bit.  Not sure why.  Maybe we need a more sustained movement in Crude.  She owns it because it has low exploration risk due to high inventory.  It is an exploitation strategy.  Yield is very safe although she sees little increase in it.  She expects 10% return per year.

oil/gas
Christine Poole

CEO & Managing Director, GlobeInvest Capital ...

PricePrice
$38.720
Owned Owned
Yes

HOLD

There doesn’t seem to be a lot of growth.  It never shows up when he does a screening because there is always some problem with it.  Others have not performed all that well either.  CPG has fantastic properties, great yield.  You have nothing to worry about.  If you buy an oil stock make sure it pays a dividend, so this one is okay.  He also has White Cap.

oil/gas

There doesn’t seem to be a lot of growth.  It never shows up when he does a screening because there is always some problem with it.  Others have not performed all that well either.  CPG has fantastic properties, great yield.  You have nothing to worry about.  If you buy an oil stock make sure it pays a dividend, so this one is okay.  He also has White Cap.

oil/gas
Michael Bowman

Portfolio Manager, Wickham Investment M...

PricePrice
$38.720
Owned Owned
Yes

Showing 481 to 495 of 1,134 entries
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1 Comment

mylund

December 19th 2013 at 9:44am

Who would be railing their crude in North America?


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