Crescent Point Energy Corp T.CPG

The Cure To a Declining Share Price

[CdnOilObserver]

As WTI breaches the USD$90 WTI barrier, the value of CPG shares struggle to maintain value.  I find this stunning given the free cash flow average WTI pricing has provided this company in that last three months. 

At this point I would suggest that CPG management step in and accelerate share buybacks to soak up the excess liquidity created by having a float of over 550,000,000 shares.  If this management wont buyback their own shares, why would the generalist pension or mutual fund manager care to?

The last time WTI was >$90, this was a stock >$40 - so if we are going into an average 2022 of $80, or even $90 it leaves me speachless by the silence from this management.

They should be calling every pension fund and every mutual fund promoting this company.

They should aggessively implement a meaningful share buyback - and advertise it.

They should return capital back to the company owners with a 3% or 4% or 5% share dividend and current prices.

[Oil2018]

Hense the new world were in....environmentalists beat up our industry so bad...cpg will never be 30/40 again. So sad what they've done..sabotage

[DaveInvestor59]

CdnOilObserver I totally agree with you about the declining share price values for the energy stocks. This morning they went way up at the open with a high WTI price, and then promptly came back down again and have stayed low on the day even though WTI is still up a lot on the day. I notice this all the time. The energy stocks used to keep up with WTI at least, but they don't do that now. They

[Diligent2]

After being screwed by management for 5 years what do you expect. They can afford a monthly dividend higher than present div. I am giving them one more chance . A chance that ends early march!!!!

[Dogsbreakfast4U]

  The next dividend has already been declared and will be 4.5 cents per share paid on 1 April. Unless we have a surprise move such as a special div or a massive share buyback the stock will not move significantly higher from here. Low valuation is just enough to move the stock. The history of management taking of itself before the shareholders is well known by the market. The fact

[BigJake]

The producers are not reflecting 90 dollar crude because at least 10 dollars is due to Russia invasion worries but the reason for only pricing in 60 to 65 crude is anyone's guess.