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Crescent Point Energy Corp. (CPG)

Toronto
Symbol
Exchange
Currency
CPGTorontoCAD
CPGNYSEUSD
CPGCBOE CanadaCAD
016FrankfurtEUR
Currency in CAD
Disclaimer
12.14
+0.24(+2.02%)
Real-time Data

CPG Comments

The government will come after your gains.
Very undervalued Oil &gas exploration company. The dividends since buying in 8/22 has been a mere .18 cents. So as of this date CPG is a real cost of $7.22 sutracting the dividends. March they announced a dividend of .10 cents lowering my cost to about $7.12, the closing price as of 2/9/23. This is a great mid-sized O&G producer. The value is at 50% of a very low metric and the small dividends lower my cost enough to leave me 7 months later at even money. They are projected to earn a profit if WTI is over $50 a barrel. WTI is over $75, 50% over CPG breakeven. Producing 135,00 bpd, CPG is about to be a cash cow. They have an 80/20 mix oil to gas respectively. Gas has plummetted recently below a price few would have predicted 120 days ago, but oil has held firm over $75 a barrel. The company made a great acquisition in late '22 adding to it's longer term sustainability. An undervalued gem about to become a cash cow & the long term sustainability is solid. Debt is low VALUE is A+.
Hi, been watching CPG for a while. Are you still holding? Thanks
Should see two digit soon
Add now, enjoy later
The holding will be buy their share about %10 between 9 March 2022- 8 March 2023 .
Been holding within my NNRG etf and Ninepoint mutual, added last week as separate holding, looking great this morning
All in.
Even if you think that it's too high now buy more and wait. You will be rewarded.
bought a piece of this on a whim just so I could say I saw the jump coming.... Im a *****
This one will go much higher. First they say nobody needs oil and then everybody needs it - the same story every time.
They bought out Shell's Alberta fracking assets. Highly profitable at $60 WTI. This should double in price from here over the next year.
OPEC reaches consensus to extend oil cuts by three months, says Algeria
oreos o Panos!
I think it will beyond my lifetime that this company really gets profitable ( bad buy
CALGARY — Oil and gas producer Crescent Point Energy Corp. says it is selling Saskatchewan midstream assets for $500 million as part of a divestiture strategy adopted following a management shakeup last year.. The Calgary company says it has struck a deal to sell nine natural gas processing facilities and two gas sales pipelines with total throughput capacity of more than 90 million cubic feet per day to privately held Steel Reef Infrastructure Corp.
Please wait next week if you plan to buy CPG
Is time to buy in
yes
this is a sad long storyno future !!
Why so ?
Until the governments change in Canada or a major catalyst shows up, I wouldn't expect much...Also seems the market doesn't think CPG can make $ unless WTI is 60+...
I doubt it
Trend reversal on its way?
I doubt it
go up bb hug the WTINICE MANAGEMENT on this stock thank you guys
Really not much to comment on... Key is WTI stays above $50... They have already started the NCIB thankfully... Management has to prove themselves, or they're toast (the AGM is just around the corner)...
Where did everyone go? No is commenting on the drop?
There is nothing much to comment. This will probably rebound sooner or later if oil prices stay well above $50. But it is hard to understand why it is dropping since the ER was cheered at first.
Hopefully, their NCIB will start soon...
Both Trudeau & management brought this company to where it's at today... Their debt is a big factor here if things don't turn around...
Canada ***** Trudeau doesn't know what he is doing.
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