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 > Time to burn the shorts here!!

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Comment by JTDOUBLEon Feb 04, 2022 2:55pm

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Post# 34399001

RE:RE:RE:RE:RE:RE:Time to burn the shorts here!!

Moemoney42 wrote: I show a P/E of only 2.27 currently.. lots of room to move up IMHO.. 3 might have been the number at the height of the day today..?? IMHO it should be trading at a P/E of at least double the 2.27 to 5.4

JTDOUBLE wrote: PE ratio of 3..

It is very cheap considering the earnings potentials with rising oil!!

Travis Wood from National Bank raise price target yesterday at 15.50!!

Agreed Moe , big runways being built base on fundamentals here..
Another opportunity for those who have not got their full positions yet!!