Veren Inc 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.

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Post by LoneWolf3579on Jul 29, 2020 10:33am

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Post# 31336802

CPG Earnings on NASDAQ.com

https://www.nasdaq.com/articles/should-you-sell-crescent-point-cpg-before-earnings-2020-07-29

PUBLISHED

JUL 29, 2020 8:38AM EDT

Investors are always looking for stocks that are poised to beat at earnings season and Crescent Point Energy Corp. CPG may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.

That is because Crescent Point is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicator of some favorable trends underneath the surface for CPG in this report.

In fact, the Most Accurate Estimate for the current quarter is currently at a loss of 14 cents per share for CPG, compared to a broader Zacks Consensus Estimate of a loss of 16 cents per share. This suggests that analysts have very recently bumped up their estimates for CPG, giving the stock a Zacks Earnings ESP of +12.50% heading into earnings season.