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 > Oil over $92 today

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Comment by Moemoney42on Feb 04, 2022 1:00pm

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Post# 34398367

RE:Oil over $92 today

mbuch wrote:
And this, along with most other oil stocks are barely green now?

Total manipulation. Stocks should be as green if not greener that the morning pop in price.

What am I missing?

I'd say its still disbelief of crude staying power.. we need either a dividend increase in CPG's case or more YE results to come out to show the gains made on balance sheet progress with debt repayment.
A 2% yield isn't enough to attract big money unfortunenately.. we'll need a yield of at least 3% to get any respect IMHO.. I'm still callling for a divi increase in Q3-22 if not even Q2 for payment in Q3

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