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Crescent Point Energy Corp T.CPG

Sector: Energy | Sub-Sector: Oil & Gas E&P

Crescent Point Energy Corp is involved in acquiring and holding interests in petroleum and natural gas properties and assets related through a general partnership and wholly owned subsidiaries.
Price: $28.18 | Change: +$0.10 | %Change: +0.36%
Volume: 2.6m | Day High/Low: 28.35/27.96 | 52 Week High/Low: 48.68/21.20
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0 stars

RE:Saudis running out of capacity?

They have run out of oil $2.00 oil is gone, $5.00 oil gone now there into more expensive oil as its deeper, thicker, and more complicated to extract thats why oil will return to higher prices when...read more
5 stars

upgraded to BUY

Crescent Point Energy Corp (C-CPG) - In the News FP says Crescent shares retreat following Legacy deal 2015-05-28 08:28 ET - In the News Shares issued 452,278,866 CPG Close 2015-05-27 C$ 28.19 Also In...read more
5 stars

Saudis running out of capacity?

Oil price rise: is the world running short of oil? 22 May After a year in which the oil price plummeted and the industry adjusted to a period of global oversupply, an analyst has claimed that the...read more
0 stars

Honestly

Are you guys still talking about dilution?  rate and reply
1 star

RE:RE:RE:RE:RE:RE:Here's Why I Believe There Is Dilution in CPG Shares

Without going back and reading it, I believe they are more or less averaging out the additional 20,000 bpd over the remaining 6 months, so the 160,000bpd+/- is taken over the entire year as an average...read more
1.5 stars

RE:RE:RE:RE:RE:Here's Why I Believe There Is Dilution in CPG Shares

tvstock wrote: " net 10000 BOE"  is not precise........ it should be around 20000 BOE.  The fact that CPG only ups full year production  by 10000 BOE /day   is that LEG will only be merged inside...read more
0 stars

RE:RE:RE:RE:RE:Here's Why I Believe There Is Dilution in CPG Shares

Yes you are right LEG BOE is over 20000 ... just taking CPG projection increase from 152,000 to 162,000 after deal ... who knows might close uneconomical sites ...might dispose some non synergistic...read more
0 stars

RE:RE:RE:RE:Here's Why I Believe There Is Dilution in CPG Shares

" net 10000 BOE"  is not precise........ it should be around 20000 BOE.  The fact that CPG only ups full year production  by 10000 BOE /day   is that LEG will only be merged inside CPG for the...read more
0 stars

RE:RE:RE:Here's Why I Believe There Is Dilution in CPG Shares

And additional of net 10000 BOE from LEG, adding to the 152,000 BOE from CPG, if that is not additional income to add vaue to CPG of all of LEG NAV of precrash of 10ish to now $3ish as written down...read more
3.5 stars

oil inventories

surprise bigger drop is the cause for CPG bounce. Transitory effect. It'll fade. GDP both in the US & Can. disappointing, but not entirely unexpected, the talk of an interest rate cut here in Canada...read more
0 stars

RE:RE:Here's Why I Believe There Is Dilution in CPG Shares

IMO  you have to calculate the reserve per share, funds flow per share, and book value per share before and after the acquistion.  I think they are all up. And , most brokerages quote LEG's NAV is...read more
0 stars

RE:Here's Why I Believe There Is Dilution in CPG Shares

Also, a third point (which I mentioned in a previous post): In their Q1 2015 press release, CPG stated "As at April 30, 2015, the Company had hedged 58 percent of its oil production, net of royalty...read more
1 star

Here's Why I Believe There Is Dilution in CPG Shares

1) When you do an equity issue at a discount to the current market price, others will be able to purchase shares at price which is lower than the current value of a share owned by existing CPG stock...read more
0 stars

RE:Investor disappointed over the scant premium CPG is offering

Yeah, Legacy shareholders might not be happy, but CPG shareholders should be happy.  rate and reply
2.5 stars

RE:oil is up 4.5%

but stocks barely moving today. Next  week oil will drop pennies a day and oil stocks will fall 3% to 5% .  It is amazing how markets work. Still CPG will return back to the 30's before not to soon.  rate and reply
3 stars

oil is up 4.5%

The Baghdad Sheraton was bombed overnight. We are also hearing that over 1000 Tunisians have made their way into Iraq to join ISIS fighters. There is a reason we have that big pile of goo in Alberta...read more
3.5 stars

Weekly oil rig count falls for 25th straight week by 13

Oil prices extended gains on Friday after Baker Hughes reported that the weekly U.S. oil rig count fell for the 25th straight week. The number of rigs drilling for oil in U.S. oilfields fell by 13...read more
2.5 stars

RE:Dilution sounds negative

it's not dilutive if it is accretive.. don't like the debt added that got added as part of the deal , hopefully it gets cleaned up w non core divestitures.. the LEG debt goes from speculative to...read more
2 stars

RE:Dilution sounds negative

whats negative is that the capital raise is not going well as indicated by the share price still being lower than the issue price, particularily on a day when oil is up $2. If a bought deal is not...read more
4.5 stars

Dilution sounds negative

We need to say what kind of dilution. Share, value , production or earnings dilution. Yes share dilution but no dilution in production, value or earnings base on the accretiveness of the deal as...read more