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Bullboard - Stock Discussion Forum Crescent Point Energy Corp T.CPG

Alternate Symbol(s):  CPG

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... see more

TSX:CPG - Post Discussion

Crescent Point Energy Corp > Oil over $92 today
View:
Post by mbuch on Feb 04, 2022 12:53pm

Oil over $92 today

And this, along with most other oil stocks are barely green now?

Total manipulation. Stocks should be as green if not greener that the morning pop in price. 

What am I missing?

Comment by Moemoney42 on Feb 04, 2022 1:00pm
I'd say its still disbelief of crude staying power.. we need either a dividend increase in CPG's case or more YE results to come out to show the gains made on balance sheet progress with debt repayment.  A 2% yield isn't enough to attract big money unfortunenately.. we'll need a yield of at least 3% to get any respect IMHO.. I'm still callling for a divi increase in Q3-22 ...more  
Comment by NonCredibleSrc on Feb 04, 2022 1:04pm
UNREAL - Oil up $2.19 at time of writing and CPG down $0.02 WCP also sits only up 4 cents. This is laughable!
Comment by RusticHit on Feb 04, 2022 1:22pm
Market knows crash is coming  Oil can not stay at this Lofty levels may touch 100 and crash gas at 1.60++ pain is real  ppl cutting groceries to buy gas ,,,,Oppssss
Comment by JohnnyDoe on Feb 04, 2022 5:48pm
Well, I'd say part of the problem is a lack on institutional ownership in cdn small and mid caps in general. Many many retail investors. My initial block bought was in the 2s, my largest block in the 1s, another block in the 3s and my last block in the 5s. I'm up a lot and a lot of people are up a lot more than me. If you've been in cdn oil since June 2020 it's getting to the point ...more