Crescent Point Energy Corp T.CPG

Alternate Symbol(s): CPG

Energy Oil & Gas E&P

Crescent Point Energy Corp. is a Canada-based oil and gas exploration company. The Company is engaged in the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its crude oil and natural gas properties and related assets are located in the provinces of Saskatchewan, Alberta and the United States. Its operating areas include Viewfield area of southeastern Saskatchewan; Shaunavon resource play, which is located in southwest Saskatchewan; Flat Lake play, which is a multi-zone resource play located in southeast Saskatchewan; Kaybob Duvernay play, which is situated in the heart of the condensate rich fairway, Central Alberta, and Montney assets in Alberta. Its wholly owned subsidiaries include Crescent Point Resources Partnership, Crescent Point Holdings Ltd. and Crescent Point U.S. Holdings Corp.

TSX:CPG - Post by User

Crescent Point Energy Corp

Bullboard Posts

Comment by bdepardeon Jul 20, 2017 9:39pm

225 Views

Post# 26493368

RE:RE:Average cost of 19.50

It will come come back quick. Enjoy the dividend.

bdeparde wrote:
Stop trying to catch a failing knife. Be patent and wait for technical support. Pretty sure we have hit bottom now. Sax will not dilute any more. Also who put over a million dollars in one stock? How do you even have a million silly.

Lovetopoop wrote: I have lost a huge amount of money, almost $800,000. It is so disheartening to see the bloody thing fall day after day after day. Where is the floor? When oil was in the $20's, the stock was far higher.

What is is going on? It's not like the company is facing insolvency. I know the Street hates Saxberg after all his dilution, but isn't this reaction extreme?

I keep buying more and more to lower my cost basis, but now my positions has grown so massive that I don't know what to do.

I have tried contacting IR but they never respond.

Saxberg & Co leaving is the only way that I think investors will come back. However, I don't think that will happen since that smug b@stard seems to be stubborn.