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 > Someone is controlling oil prices - evidence

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Comment by Vinnie3on Mar 17, 2021 11:06pm

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Post# 32823463

RE:RE:Someone is controlling oil prices - evidence

Well for sure CPG will be over $10 if the oil price reaches $100 which could very well be the saudi plan, a quick cash grab to go back down to around 80 for a long while. You can stay at a price for as long as its length does not begin encouraging startups. If that happens you lower the price for a while.

Not one analyst did a simulation of CPG at $100 oil. They are all around the safe EIA numbers - 50-65.

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