Crescent Point Energy: Time For The Acquisition To Shine

Mar. 02, 2022 2:04 AM ETVeren Inc. (VRN) Stock, VRN:CA StockVRN, VRN:CA27 Comments

Summary

  • This Canadian company does business on both sides of the border.
  • The recent acquisition may give the stock more upside potential than is the case with many competitors.
  • Management continues to repay already low debt amounts.
  • The dividend was increased.
  • A stock repurchase plan has been proposed.
  • This idea was discussed in more depth with members of my private investing community, Oil & Gas Value Research. Learn More »

Working Pumpjacks On Sunset

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Crescent Point Energy (CPG) is a NYSE and Toronto Exchange listed company that does business on both sides of the border. Like many oil and gas companies, this one has benefited from the strong commodity price

I analyze oil and gas companies like Crescent Point Energy and related companies in my service, Oil & Gas Value Research, where I look for undervalued names in the oil and gas space. I break down everything you need to know about these companies -- the balance sheet, competitive position and development prospects. This article is an example of what I do. But for Oil & Gas Value Research members, they get it first and they get analysis on some companies that is not published on the free site. Interested? Sign up here for a free two-week trial.

This article was written by

23.83K Followers

Long Player believes oil and gas is a boom-bust, cyclical industry. It takes patience, and it certainly helps to have experience. He has been focusing on this industry for years. He is a retired CPA, and holds an MBA and MA.

He leads the investing group Oil & Gas Value Research. He looks for under-followed oil companies and out-of-favor midstream companies that offer compelling opportunities. The group includes an active chat room in which Oil & Gas investors discuss recent information and share ideas. Learn more.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of CPG either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Disclaimer: I am not an investment advisor, and this article is not meant to be a recommendation of the purchase or sale of stock. Investors are advised to review all company documents, and press releases to see if the company fits their own investment qualifications.

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