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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Veren Inc > Ninepoint's CPG Target Price Implied and Buyback Power

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Comment by highalpha1on May 20, 2021 11:20am

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Post# 33237558

RE:Ninepoint's CPG Target Price Implied and Buyback Power

Thanks for posting this LiquidoctopusV2, but I believe you may misunderstood what EN's first chart means. The first chart indicates that CPG's enterprise value (current market cap plus their nebt debt) represents 2.5x their 2022 projected cash flow (at $70 WTI). It is not a projected multiple on the company's share price. So the companies listed on the left hand of the chart are the most undervalued.

I agree with you that this not the "most welcoming board" but it is nice to see people who are being serious.

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