Bullboard - Stock Discussion Forum 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... see more

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TSX:VRN - Post Discussion

Veren Inc > Next earnings and SP catalysts

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Post by Bombastic2018 on Jun 15, 2021 3:50pm

Next earnings and SP catalysts

Surely, at these prices, CPG will produce a lot of FCF this quarter. Hopefully we see NCIB and/or increase in the low dividend we currently see.

Is the next earnings finally going to be the catalyst we need to see significant, sustained SP gains?

Thoughts?

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Comment by highalpha1 on Jun 15, 2021 4:24pm

@Bombastic2018: I think that Q2 earnings will be solid, although as Moemoney42 pointed out a few days ago, there will be some costs in Q2 associated with the integration of the Kaybob assets, which CPG officially took over on April 1. However, I think that at today's WTI prices, Q2 will show just how much FCF this company is generating. Will CPG see its old glory (when it was trading at 9x ...more

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