Crescent Point Energy Corp T.CPG

@ the Bell: TSX joins North American markets in the red

[drunk@noon]

since then, and after hitting a measly 11.30 we are dropping like a stone. Guess nuttall had a little more to sell.

[jleer42]

I was reading on US onshore barrels and I remember being surprised about the amount in piplines just so they function. If my memory isn't failing it was ~130MM barrels. Combined with the unusable

[Anschutz]

I hadn't thought of this aspect of oil storage. Makes sense that the actual available useable oil in the Cushing oil repository is actually less than the reported volume/capacity/stock on hand

[Anschutz]

Hey S&F did you miss the post record date dip and get caught on the wrong side of the trade?  There's truck loads of money to be made off CCCPG.  At this point it's pretty clear

[JohnnyDoe]

Their decline rate is actually 27% as noted in their corp presentation, along with the 5 year growth to 180k a day that Moe mentioned

[retiredcf]

PAST TOP PICK Crescent Point Energy Corp(CPG-T) 21/09/2023   (A Top Pick Jul 11/23, Up 16%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with CPG is progressing

[JohnSP]

Agree 5-7% annual decline rate for conventional wells, but CPG is now growing into multi-fracced wells in Montney, where they are having great success, albeit with high decline rates. More colour

[Frank007]

Sound and fury is trying to get you to sell ...he knows nothing about decline rate ....the true number is for a conventional field between 5 and 7 % .....not 25 % ...some shale field do have a large

[Jon Brown]

Canada’s main stock index closed lower on Tuesday, as U.S. Treasury yields reached multi-year highs on bets interest rates stay elevated. read article.

[Moemoney42]

better yet.. short it if you have the balls to.. then you  can pay me my divi and special divi soon.. ;-)

[Moemoney42]

Neither is WCP, or VET, or BTE which have all made purchases recently.. I could go on as there are many more in this list.. but you go on believing and bashing CPG .. like I've said before.. if

[soundandfury]

They been atound since the days of income trusts...........how long does it take a company to position itself and be happy with that position?  They had a very good position established but they

[Moemoney42]

And again this comment shows your lack of knowledge about running and postioning a mid cap oil & gas producer.. just like your lack of understanding the reason for selling non-core assets.. 

[Moemoney42]

Ya well that metric applies to all O&G companies, so what's your point..? :-/ If you have no faith in the 5 yr plan, then don't invest.. actually I doubt you have shares in CPG anyway

[soundandfury]

To somebody like saturrn cost the company money......because those are flowing barrels .....and new production barrels need to be drilled and completed before they even flow..........therefore a

[soundandfury]

With a 25% natural decline rate this means cpg with need to replace 125% of current production...........this is simply not possible given their financial condition( large debt) ...........they will