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

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Comment by jwallingfon Jul 02, 2019 3:25pm

39 Views

Post# 29880772

RE:Might wanna buy chesapeake

I wouldn't. Debt/equity 2.32, current ratio .47. Average estimate for FY19 according to Yahoo $-.04 in a range of $-.58 to $.87 which is quite the spread. Indicates substantial uncertainty about results.
The debt situation is unsustainable. Will require some kind of re-capitaliztion which will weaken the shares further.

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