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 > This is a perpetual loser

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Comment by highalpha1on May 31, 2021 11:15am

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RE:RE:RE:RE:This is a perpetual loser

@Gorbon: CPG based on current WTI price is substantially undervalued, evern relative to other E&P companies, as it is trading at a ~2.5x multiple. There is meaningful upside in the stock price from here IMO, and you should be able to breakeven should crude prices hold.

I agree with you that we will likely see a dividend hike later this year. Good luck.

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