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Veren Inc 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 Mrlongpantson May 09, 2022 1:19pm
399 Views
Post# 34667631

Fundamentals. CPG is improving.

Fundamentals. CPG is improving.Industry comparison td notes.

Though 
EPS growth at CPG is improving, it is still below the industry average. The most recent EPS was $4.03, an increase of 184.41% over the previous year.

Investors have low growth expectations for CPG given its PE ratio of 2.37, compared to the Oil & Gas Exploration & Production industry average of 12.44. Analysts believe the company has brighter prospects with a forward PE ratio of 6.65.

CPG has one of the highest ROEs of all companies in the Oil & Gas - Integrated industry. Breaking down the ROE, CPG has a profit margin of 83.55%, an asset turnover of 35.78 and leverage of 1.70.

It appears that investors have very low growth expectations for CPG given its dividend yield ratio of 1.89%, among the lowest in the Oil & Gas Exploration & Production industry.

PG has lost market share by growing revenues slower than the industry average. This reverses the trend from the previous year when revenue growth at CPG led the industry at 103.31% and 100.97%, respectively.



GLTALongs
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