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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

Comment by Moemoney42on Sep 29, 2022 12:25pm
271 Views
Post# 34995120

RE:RE:No insider activity

RE:RE:No insider activityFurther to my previous thought.. I'd venture if the numbers come in strong as I've commented, I think a 25% increase in the base dividend is in the cards, to $.10 per quarter for Q4.. easily within budgets and debt targets going forward IMO   ;-)
Moemoney42 wrote: Yes the Duvernay wells are great producers, but the markets have gone wonky lately.. I read an article on seeking alpha that an analyst thinks Q3-22 will be even better than Q2 numbers as a lot of that new production isn't hedged and production numbers were up quarter over quarter.. I'd venture to guess there is some merit to that thought..?? 
These O&G companies are still generating huge free cash flow even at these levels.. the way their trading lately you'd think they were barely breaking even.. LOL.. crazy times..!!


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