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Crescent Point Energy Corp (CPG-T) opinion on 2013-02-06

Last Price Recorded: 9.2300 on 2017-11-20

ON STOCKCHASE SINCE Jan 2004

oil/gas
WATCH

Michael Sprung
Crescent Point Energy Corp was $39.280 at time of opinion
Owned : Yes

Trading at 42X current earnings. If he were to see it go a few dollars over $40 again, he would be tempted to take profits. What bothers him is that they don’t earn their dividend. In order to pay for it, they really depend upon a huge uptake in their DRIP plan where shareholders are diluting themselves to get the yield. Extremely good land position but have been issuing equity to purchase this.

CAUTIOUSLY OPTIMISTIC

All opinions for CPG-T (1127)

287 BUY
51 BUY on WEAKNESS
254 COMMENT
95 DON'T BUY
120 HOLD
4 PARTIAL BUY
103 PAST TOP PICK
18 SELL
3 SELL ON STRENGTH
8 STRONG BUY
129 TOP PICK
1 VAGUE
33 WAIT
15 WATCH
6 WEAK BUY
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All opinions for CPG-T (1127)

287 BUY
51 BUY on WEAKNESS
254 COMMENT
95 DON'T BUY
120 HOLD
4 PARTIAL BUY
103 PAST TOP PICK
18 SELL
3 SELL ON STRENGTH
8 STRONG BUY
129 TOP PICK
1 VAGUE
33 WAIT
15 WATCH
6 WEAK BUY
View All

More experts covering CPG-T

SAVE
Add CPG-T to Watch List

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