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Veren Inc T.VRN

Alternate Symbol(s):  VRN

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.


TSX:VRN - Post by User

Comment by Bpultraon Jul 26, 2021 11:54pm
134 Views
Post# 33608768

RE:75% upside within the next 12 months

RE:75% upside within the next 12 monthsCan't  even get the  date right .. geez 


=====
Grandcentral wrote:

https://ca.investing.com/news/stock-market-news/3-canadian-stocks-expected-to-report-wide-earnings-swings-this-week-2489981
 

Crescent Point Energy stock to launch earnings growth fireworks Crude oil producer Crescent Point Energy (TSX:CPG)(NYSE:CPG) will release its second-quarter results prior to the market opening on Wednesday, July 29.

The market expects second-quarter GAAP EPS of 25 cents to compare favourably with a 27 cents net loss per share reported last year. Quarterly revenue could surge by 203% year over year to $783.5 million, while cash from operations could jump over 250 percent to $381 million.

Such great expectations are mainly powered by the surge in oil prices this year.

The year 2021 could be one of the best financial periods for Canadian oil and gas producers in recent history. The Western Texas Intermediate (WTI) oil benchmark was printing a market price of US$72 per barrel at the time of writing on Monday. The benchmark was at only US$40 per barrel by this time last year.

This is the year for Crescent Point Energy stock to recover, and the analyst consensus price target on CPG stock at $7.67 tips investors for a potential 75% upside within the next 12 months.

 



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