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Veren Inc T.CPG


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

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

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Post by retiredcfon Oct 04, 2023 3:56pm
255 Views
Post# 35669696

Analyst Comment

Analyst Comment
WAIT
Crescent Point Energy Corp(CPG-T)
04/10/2023
 
Looks really good for the small- to mid-cap energy space in Canada. At 2.4x, cheaper than peers at 3.4x. Decent dividend, some solid execution. Cashflow rising. Production growth profile of 7%. Investable. But do you want to buy now with a crowded trade and oil prices higher than they'll be in future?
Oil / Gas

Greg Newman
$10.210
Unknown
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