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Crescent Point Energy Corp. (CPG)

NYSE - NYSE Delayed Price. Currency in USD
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7.02+0.28 (+4.15%)
At close: 04:00PM EDT
7.05 +0.03 (+0.43%)
After hours: 07:37PM EDT
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  • I
    I Know Everything
    oil demand will not be going down even with a recession, it may take some time for that to be proven out. Oil company profits will continue to increase through next year and beyo nd.

    Current buyers will be rewarded
  • U
    UncleRemus
    To all the folks that picked some more up yesterday well done
  • S
    Stannis Winterfield
    National Banks Travis Wood price target as of 6/16: $17.73 USD
  • A
    Anonymous
    this sell off makes zero sense... companies are minting money at 85 dollar oil, never mind 106....
  • b
    brian
    How can an oil company be losing money?
  • A
    Anonymous
    This is trading like oil is $50.
    I don’t know what’s going on but something is fishy!
    Someone bought a ton of July $10 calls us money 😳
  • A
    Adrienne
    the overeaction of oil and gas stocks is frustrating. Lost 31% since I bought. S&P 500 and oil and gas lost only 10% since the slide began. Meanwhile these stocks are still making a ton of money as far as I know, we will need oil an gas in the foreseeable future. So why are shareholders the only one not profiting in this situation?
  • D
    David holtzapple
    Glad I added on Friday!!!!!!
  • T
    TDD
    Oil in the $115 range seems like a sweet spot to me. Limited demand destruction and 50% higher prices than the most optimistic projections in the CPG investment overview. Thought?
  • a
    atil
    buy buy buy, fundamentals not changed. there is shortage. Oil will be over $100 next decade. even now the P/E is 1,5 and CPG making money. will make money. US and EU has no choice but use Canadian Gas and Oil.
  • g
    ganapathy p
    As on June 22, 12.30 pm, crude oil is down by 3.11%. CPG is down by 8.53 %. I am at lost !!!
  • C
    Cold Beef Cake
    The sell off in these energy producers is perplexing. There must be a lot of fear of lower pricing and/or margin calls occurring. I'm holding for net debt target days (CPG, VET).
  • R
    Ron
    Time to get back to the slow but steady climb to usd $12 - $15 by year end and beyond in 2023. A 26% correction over the past 7 sessions is gut wrenching but it will end soon if not now.
  • D
    David holtzapple
    Time to add again this morning,, my opinion
  • R
    Ralph
    This might go down a bit more. Not worried though. 200 day line is rapidly moving up to meet it. Won't take long for this to recover. If I had more cash, I wouldn't hesitate to buy more over the next 2 weeks. Buyers will be handsomely rewarded. Hold tight from here on.

    Cheers
  • S
    Sean
    This just ensures that there won't be any increases in production which will lead to even higher fuel costs. Self-fulfilling prophecy by the market regarding the looming recession. These companies will thrive in the upcoming energy crisis/ recession. Load up.
  • W
    Wolfy
    This is the best buying opportunity of a lifetime
  • X
    Xander
    Wednesday - CIBC raises target price from C$ 13.50 to C$ 16.00.
  • R
    Robert
    This makes no sense to me. Any opinions on the next 6 months for CPG shareholders? I imagine that the next report will be good and dividends / yield will continue to go up.
  • X
    Xander
    The sky isn’t falling.

    Oil will bounce right back, and CPG will continue on its way up.