Crescent Point Energy Q3 2022 Results: A Growth Play At A Value Price

Oct. 28, 2022 2:30 AM ETVeren Inc. (VRN) Stock, VRN:CA StockVRN, VRN:CA20 Comments

Summary

  • The management team at Crescent Point Energy announced financial results covering the third quarter of the company's 2022 fiscal year on Oct. 26.
  • Results were encouraging, and management continues to focus on rewarding shareholders while growing output.
  • So long as energy prices remain elevated, CPG shares are cheap and cash flows should only grow.
  • Looking for a helping hand in the market? Members of Crude Value Insights get exclusive ideas and guidance to navigate any climate. Learn More »
Oil pumps and graph

bymuratdeniz

Oil and gas exploration and production company Crescent Point Energy (CPG) had some interesting developments when it revealed financial results covering the third quarter of its 2022 fiscal year. In addition to posting robust cash flows, management updated shareholders on

Crude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential.

Subscribers get to use a 50+ stock model account, in-depth cash flow analyses of E&P firms, and live chat discussion of the sector.

Sign up today for your two-week free trial and get a new lease on oil & gas!

This article was written by

34.35K Followers

Daniel is an avid and active professional investor.

He runs Crude Value Insights, a value-oriented newsletter aimed at analyzing the cash flows and assessing the value of companies in the oil and gas space. His primary focus is on finding businesses that are trading at a significant discount to their intrinsic value by employing a combination of Benjamin Graham's investment philosophy and a contrarian approach to the market and the securities therein. Learn more.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. 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.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

More on VRN