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Crescent Point Energy Corp T.CPG

Alternate Symbol(s):  CPG

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

Bullboard Posts
Post by jwallingfon Jul 08, 2019 1:24pm
78 Views
Post# 29895627

Range Bound

Range BoundIt's been in the C$4 to C$4.50 range for just about a month. We're at the bottom of that range today so, if WTI doesn't crash, entry here should prove profitable. As I've said before, earnings estimates are rising for both the current quarter and the year. Rising estimates have proven to be a solid indicator of future stock price moves. The earnings report should be interesting. Profitability, progress on debt reduction, guidance. 
Bullboard Posts