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Bullboard - Stock Discussion Forum Veren Inc T.VRN

Alternate Symbol(s):  VRN

Veren Inc. is a Canada-based oil producer with assets in central Alberta and southeast and southwest Saskatchewan. The principal activities of the Company are acquiring, developing and holding interests in petroleum and natural gas properties and assets related thereto through a general partnership and wholly owned subsidiaries. Its core operational areas include Kaybob Duvernay and Alberta... see more

TSX:VRN - Post Discussion

Veren Inc > Well earnings will drive the share price
View:
Post by soundandfury on Dec 06, 2021 10:13pm

Well earnings will drive the share price

$1 billion in free cash flow is $1.50 per share............p/e ration of 10 is $15.00 stock............also the dividend will keep riseing quarter on quarter........once this is realized by the investors it should make quite a difference in not only sentiment but also the number of shorts and day traders who play with cpg shares........i think $15.00 is very doable in 2022
Comment by Moemoney42 on Dec 06, 2021 10:26pm
And as Nuttal mentioned if the market doesn't recognize the value, "force the re-rating" to what I say.. today was the beginning of being a bit more forceful.. ;-) All Good..! 
Comment by LiquidOctopusV2 on Dec 06, 2021 10:55pm
On the subject of Eric Nuttall, I estimate that he spent ~$77 million of fund money on CPG in the past 2 weeks.  That's money where one's mouth is.  
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