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 > One of Nuttall's top picks:

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Comment by retiredcfon Apr 23, 2024 2:15pm

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Post# 36003713

RE:One of Nuttall's top picks:

Make it 3 times; first stock in the clip. It's the only one of his top picks that he also owns personally. GLTA

https://www.bnnbloomberg.ca/video/eric-nuttall-s-top-picks~2909501

Crescent Point Energy (CPG TSX)

Crescent Point has successfully transformed into an inventory deep Montney and Duvernay producer, having now drilled some of the most economic wells in the history of the Montey. Trading at a 18 per cent 2025 free cashflow yield at $80WTI/$4NYMEX gas and a 3.4x EV/CF multiple, we see fair value at 10 per cent FCF yield = $19.67 price target = 65 per cent potential upside.

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