Veren Inc T.VRN

Alternate Symbol(s): VRN

Energy Oil & Gas E&P

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 Montney, Shaunavon and Viewfield Bakken. Its Kaybob Duvernay is situated in the heart of the condensate rich fairway, Central Alberta, which provides low risk drilling inventory. Its Alberta Montney assets sit adjacent to its Kaybob Duvernay lands, possessing similar resource characteristics including pay thickness and permeability in the volatile oil fairway of the reservoir. Its Shaunavon resource play is located in southwest Saskatchewan. The Viewfield Bakken light oil pool is located in Saskatchewan.

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Veren Inc > This 100% true. And way this Stock is trade at a low value?

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Post by Mrlongpantson Jan 07, 2021 4:48pm

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This 100% true. And way this Stock is trade at a low value?

Valuation Crescent Point is trading at a P/NAVMG of 135% and an EV/2021E DACF multiple of 4.4x; these compare with averages of 119% and 4.6x, respectively, for the >60% oil-weighted (2020E) peer group under coverage. We believe that CPG deserves to trade at a premium to the peer group, given the relative asset quality and relative balance-sheet strength/liquidity. Some Company is holding the value down . Gltalongs. O buy the way the was no tax sell off on this one that is good news for the shareholders..Maybe the banksters? GLTALongs

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