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 > Mr. Nuttal

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Comment by tollycrafton Jun 03, 2022 2:33pm

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Post# 34730359

RE:RE:RE:RE:Mr. Nuttal

LiquidOctopusV2 wrote: He was pretty vague on the timelines. Still 4x would be slightly more than double what we have today. He gave it a S/P above $20. That sounds ~right to me. If it goes higher, I'd be on the moon.

ascii2 wrote:
He is very conservative with CPG. He is assuming future debt free CPG valued at PE ratio of 4 only, whereas average PE ratio is 7-8 (earlier without cash flow PE ratio use to be 8-12 ) now with 150 million dollar plus monthly cash flow it should be much much higher.

Another real good day for CPG!!! Congrats guys, you all earned it. Hope you can hold this for the day, may make a real good start day for Monday or a cushion LOL.

GLTA