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 > CPG is grossly undervalued up to 50%, a take over target?

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Comment by LiquidOctopusV2on Nov 09, 2021 11:50am

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Post# 34105110

RE:CPG is grossly undervalued up to 50%, a take over target?

The article you posted is solid. Plays to my repeated notion that $11-14 is the current correct value range for CPG. I'll have to wait and see whether or not we get there.

ascii2 wrote:
https://finance.yahoo.com/news/investors-undervaluing-crescent-point-energy-112712966.html

Two possibilities
1. Shell selling their shares in open market before year end
2. Take over company trying to push it lower before making low offer
Oherwise a dividend paying company with yeild of 1.96 percent, P/E ratio 1.50, good cash flow and share buyback plan can't be that low.
https://finance.yahoo.com/quote/CPG?p=CPG