Crescent Point Energy (CPG) has notable insider buying

Crescent Point Energy (T:CPG)

Crescent Point Energy Corp. (CPG) has a high amount of executive buying compared to its large-cap peers over the past three months. Michael Sidney Jackson, a Director, acquired 3,000 Common Shares on a direct ownership basis at a price of $9.460 through the public market on June 20th, 2018. This represents a $28,380 investment into the company's shares and an account share holdings change of 12.2%.

Crescent Point Energy Corp. (Crescent Point) is a Canada-based oil and gas exploration, development and production company. The Company is an oil and gas producer with assets consisting of light and medium oil and natural gas reserves in Western Canada and the United States. Its crude oil and natural gas properties and related assets are located in the provinces of Saskatchewan, Alberta, British Columbia and Manitoba, and the states of North Dakota, Montana, Colorado and Utah. The Company holds a portfolio of assets in the Canadian portion of the Williston Basin. It holds interest in the Bakken and Torquay resource plays in the Canadian portion of the Williston Basin. The southwest Saskatchewan region contains two focus resource plays that the Company is developing. These include Shaunavon resource play and Viking light oil resource play. The Company holds interest in the Uinta Basin resource play located in northeast Utah.