This is the way to run an oil company, make sure you have a more fairly valued stock price at times others are in distress so you can gobble them up by issuing stock:
"They've always been very operationally aggressive and financially conservative," he said. "So they never let their debt levels get very high, they always hedge and sell forward so that when the downdrafts come . . . Crescent Point is sitting there with a strong balance sheet and at least half of their production hedged.
"So their stock price stays strong and that's when they swoop in and take advantage of other companies that have to sell properties."