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.

TSX:VRN - Post by User

Veren Inc > Third-quarter profit of $77.5 million, up from $500,000

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Comment by ascii2on Oct 28, 2021 8:11am

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Post# 34057703

RE:RE:Third-quarter profit of $77.5 million, up from $500,000

Profit has gone up 155 times!!! still stock price not even close to book value.Book value was USD 7.37 as of June 30. It has gone up quite a bit after September 30,2021

https://www.gurufocus.com/term/Book+Value+Per+Share/CPG/Book-Value-per-Share/Crescent-Point-Energy-Corp

It should be much more than book value. PE ratio is only 1.57 as of yesterday whereas average PE ratio is 12-20 here is link to PE ratio.

https://ca.finance.yahoo.com/quote/CPG?p=CPG

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