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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

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Post by Mrlongpantson May 09, 2022 1:19pm
442 Views
Post# 34667631

Fundamentals. CPG is improving.

Fundamentals. CPG is improving.Industry comparison td notes.

Though 
EPS growth at CPG is improving, it is still below the industry average. The most recent EPS was $4.03, an increase of 184.41% over the previous year.

Investors have low growth expectations for CPG given its PE ratio of 2.37, compared to the Oil & Gas Exploration & Production industry average of 12.44. Analysts believe the company has brighter prospects with a forward PE ratio of 6.65.

CPG has one of the highest ROEs of all companies in the Oil & Gas - Integrated industry. Breaking down the ROE, CPG has a profit margin of 83.55%, an asset turnover of 35.78 and leverage of 1.70.

It appears that investors have very low growth expectations for CPG given its dividend yield ratio of 1.89%, among the lowest in the Oil & Gas Exploration & Production industry.

PG has lost market share by growing revenues slower than the industry average. This reverses the trend from the previous year when revenue growth at CPG led the industry at 103.31% and 100.97%, respectively.



GLTALongs
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