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Crescent Point Energy Corp (CPG-T) opinion on 2017-07-14

Last Price Recorded: 9.5700 on 2017-11-17

ON STOCKCHASE SINCE Jan 2004

oil/gas
COMMENT

Robert McWhirter
Crescent Point Energy Corp was $9.220 at time of opinion
Owned : Unknown

On a payout basis, it has a modest 12% of 4th quarter trailing cash flow, so it looks like the dividend is sustainable. Cash flow for 2017 is expected to be pretty reasonable at $3, with about a 10% increase next year to $3.36. Because there is growth, it looks like the dividend is sustainable. If oil has bottomed at $42 and heads towards $50, there is a reasonable opportunity. Dividend yield of 3.9%.

BULLISH on ENERGY

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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