Veren Inc T.CPG

Primary Symbol: T.VRN Alternate Symbol(s): VRN

Energy Oil & Gas E&P

Veren Inc., formerly Crescent Point Energy Corp., is a Canada-based oil and gas exploration company. The Company is engaged in the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its crude oil and natural gas properties and related assets are located in the provinces of Saskatchewan, Alberta and the United States. Its operating areas include Viewfield area of southeastern Saskatchewan; Shaunavon resource play, which is located in southwest Saskatchewan; Flat Lake play, which is a multi-zone resource play located in southeast Saskatchewan; Kaybob Duvernay play, which is situated in the heart of the condensate rich fairway, Central Alberta, and Montney assets in Alberta. Its wholly owned subsidiaries include Crescent Point Resources Partnership, Crescent Point Holdings Ltd. and Crescent Point U.S. Holdings Corp.

TSX:VRN - Post by User

Veren Inc

Bullboard Posts

Comment by jwallingfon Mar 06, 2019 2:51pm

122 Views

Post# 29451290

RE:RE:RE:Q4 proves never to compare CPG to a Baytex

Similar profiles with BTE debt/equity of .69 vs CPG ,47. Current ratio higher at BTE (.73) vs CPG (.48). Lower P/CF for CPG (1.25x) vs BTE (1.68x). CPG pays a dividend (~1%) while BTE does not. So I'd say the numbers slightly favour CPG. Both have a renewed focus on debt reduction and look to have the means to accomplish this through free cash flow and asset sales. Progress on this front will boost the shares of both.

Bullboard Posts

Why invest?