CPG:CC News and Press, Crescent Point Energy Corp. From 10/26/22

Crescent Point Confirms Quarterly Dividend and Declares Special Dividend Canada NewsWire CALGARY, AB , Oct. 26, 2022 /CNW/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) announces its Board of Directors has declar...

Summary Now is the time to sell noncore assets, as Crescent Point Energy has done. Cyclical market bottoms are not the optimal time to sell noncore assets even if they get impaired completely. The purchase from Shell should result in years of above average profitability becaus...

Crescent Point Announces Q3 2022 Conference Call Canada NewsWire CALGARY, AB , Oct. 19, 2022 /CNW/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) and (NYSE: CPG) plans to report its third quarter 2022 financial and opera...

Summary Oil prices could be higher for longer. Demand continues to grow globally, despite the short-term impact of the pandemic. Supply is constrained, due to ESG mandates, regulation, and underinvestment in new production. OPEC has shown it's willing to do what is needed to k...

Summary Crescent Point Energy has a 14.5% total yield shareholder return program. This wasn't in full effect before Q3. This starts now. Crescent Point Energy guides for CAD$1.2 billion of free cash flow this year. That's less than 5x free cash flow. The numbers are clearly OK...

Summary Leading Canadian oil and gas producer Crescent Point stock has rewarded investors tremendously from its March 2020 lows. It also posted a YTD gain of 32%, outperforming the broad market. However, investors need to ask whether further outperformance is still possible as we ...

Investors who missed the big rally in TSX energy stocks earlier this year are wondering if now is a good time to buy oil and gas stocks after the big correction . Oil market The price of oil dropped from above US$120 per barrel at the 2022 high to a recent low under US$8...

Summary This article seeks to provide a valuation and pricing comparison for Crescent Point Energy Corp. vs the top oil and gas exploration and production stocks. I will provide a pricing mechanism for Crescent Point Energy by comparing its financial metrics to the rest of the ind...

Summary Due to the ongoing war in Ukraine and the tensions between Western countries and Iran, the market condition is in favor of Crescent Point Energy. Due to improved free cash flow, CPG can cover its obligations and pay off its current liabilities. As a result of its finan...

Summary Crescent Point is substantially scaling back its hedges, from 50% of production down to 20%. An unhedged oil producer is effectively a simple bet on oil prices, raising the question of why not simply buy an ETF or oil futures at that point. The bet that oil prices will...