CPG News and Press, Crescent Point Energy Corporation From 04/14/23

2023-04-14 12:32:20 ET Summary The company has recently announced the acquisition of Spartan Delta’s Montney assets in Alberta worth $1.7 billion in cash. I estimate that the company might distribute an annual dividend of $0.33, representing a high dividend yield of 4.25%. ...

2023-04-13 16:56:58 ET Summary Recent asset acquisitions transform Crescent Point Energy Corp. and position it for production growth. Deals add debt and thus risk, but Crescent Point Energy has gone into growth mode. Crescent Point Energy Corp. stock looks like a "Buy" for oil...

2023-04-12 07:00:00 ET Summary Another small acquisition adds to Crescent Point Energy Corp.'s growth prospects. The company now returns 50% of free cash flow to shareholders. The combination of secondary recovery with unconventional makes for an overall low corporate decline ...

2023-04-11 16:45:35 ET Summary Warren Buffett, through Berkshire Hathaway Inc., increased his holdings of Occidental Petroleum Corporation yet again. Berkshire Hathaway needs a large company to "move the needle" for its investors. This limits potential investment targets. Inve...

2023-04-11 08:55:03 ET Summary Thirty-eight mid-cap energy producers were evaluated using a quality matrix with factors including Price/Sales, Net Income Margin, Free Cash Flow Margin, and Total Debt/Market Cap. The quality matrix is a broad effort to identify those mid-cap produc...

2023-04-03 08:30:04 ET Energy stocks are rallying in European trading Monday following OPEC's surprise production cut announced over the weekend, with BP ( NYSE: BP ) +5.2% , TotalEnergies ( TTE ) +5.1% and Shell ( SHEL ) +4.9% in London. Oil and ga...

2023-03-30 06:45:34 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips When the Federal Reserve raised interest rates again by 25 basis points, investors seeking stable holdings needed to consider income stocks to buy. The Fed’s benchmark rate is rising to ...

2023-03-28 07:18:49 ET Crescent Point Energy ( NYSE: CPG ) said Tuesday it agreed to acquire Spartan Delta Corp.'s oil and liquids-rich Montney shale assets in Alberta for $1.7B in cash. The deal will add 38K boe/day (55% oil and liquids) with attractive netbacks generat...

Crescent Point Announces Strategic Montney Acquisition Canada NewsWire CALGARY, AB , March 28, 2023 /CNW/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) is pleased to announce that it has entered into an agreeme...

2023-03-22 11:36:05 ET Crescent Point Energy ( NYSE: CPG ) +6.1% in Wednesday's trading as Raymond James upgraded the stock to Outperform from Market Perform with a C$12 price target. "When Crescent Point bought into the Duvernay in 2021, the play had the potential to ch...