Crescent Point Energy Corp T.CPG

One of Nuttall's top picks:

[spurwing2]

A very different company from what it was.Said they are doing all the right things now.

[mrknight]

Has a target share price approaching $20.

[Marty47]

Mine was conservative with a 15$ but I predict 15 $ by July so yes if oil stay over 80$ and debt get down at the level where we get 70% of free cash flow to shareholder soon after we get to 20 $ possibly dec of beginning 2025 

[retiredcf]

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

[Moemoney42]

I absolutely agree with Eric.. I've been stating that ever since CPG moved into this area and the bashers were relentless calling me out on my stance.. well.. I'm even more confident in my thesis now.. especially since adding the Hammerhead acreage.. its full steam ahead with some of the best wells ever in the play..!  That infrastructure HH had in place already is going to fast track

[retiredcf]

TOP PICK Crescent Point Energy Corp(CPG-T) 22/04/2024   The CPG today is not the CPG of old. It used to have a lot of low-grade wells and bought a lot of companies. Now, they have a serious drilling inventory in the Montney and Duvernay, economic ones in the latter. The board is now conservative and respected. they have more than enough . He projects 3.5x free cash flow inventory, 60%