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        Hi everybody,
        I’m Ted Dixon with the INK
preview for
        May 27th Crescent Point
Energy
        climbs the INK Edge
charts.
        When we released the INK
Edge
        May Top 40 Report today,
        we found a new stock
        at the top of the charts.
        Crescent Point Energy
which is
        tilted towards crude has
        properties in southern
Saskatchewan,
        central Alberta and North
Dakota.
        The stock is up
        94.3% over the past six
months,
        ahead of the S&P/TSX
Capped Energy Index
        which is up just over 60%.
        However, things are not
        exactly getting carried
away
        on the valuation front.
        According to Refinitiv,
the
        stock sports a trailing
12-month P/E of 1.8.
        When it reported Q1
results this month,
        Crescent Point announced
that
        it would be increasing
        its quarterly dividend and
it is now
        good for an indicated
        annual dividend yield of
2.4%.
        Going forward, Crescent
Point
        gave 2022 guidance of
        annual production of
mid-point 135,000 boe/d.
        Meanwhile, insiders have
been
        net accumulators of shares
over
        the past 6 months days and
        the company is buying back
its shares.
        You can get a copy of
today’s morning
        report under this video
        and the Top 40 Report is
available on
        inkresearch.com and
        canadianinsider.com for
members.
        Well thanks for stopping
        by and don’t forget to
check
        back again next week as we
        let the insiders guide us
to opportunity.
        This is not a
recommendation to
        buy or sell securities and
        nothing in this video or
        in INK reports should be
considered
        financial advice
information is for
        educational purposes INK
employees may
        hold an interest in
        any stock mentioned in
        our videos or in our
reports.