UnknownUnicorn2413721

CPG at sub $5 CAD or sub $4 USD is a steal

Largo
TSX:CPG   CRESCENT POINT ENERGY CORP
This is a nice speculative buy and hold at these prices given solid assets, downstream producer not very sensitive to the WCS/WTI differential, above 7% divi at these $4.88 prices. Could see further selling pressure as margin calls possibly intensify but nice setup here for a rebound based on oversold daily RSI and a STO wound up. Canadian Oil stocks are for contrarians at this point. 100% negative news from commodities and land-locked CDN oil. CPG has less sensitivity to WCS except for investor sentiment.
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.