Let's bring the discussion back to VEREN
Over the last ten years I have been a shareholder of Veren (Crescent Point) and Whitecap, on and off.
In the last few years both companies were valued by the market at around Cdn$6 billion - give or take a billion either way.
At times Veren (Crescent Point) traded for $1 above WCP and at other times it was trading for $1 less than WCP.
Today we find WCP still valued at Cdn$6 billion while VRN is down to Cdn$4.5 billion (Q3 results were a major factor).
The spread between their trading prices now exceeds Cdn$3
It may be time to consider trading WCP for VRN. I expect that VRN and WCP shares will both trade for about the same price by the end of 2025. This Cdn$3 spread may not last long. The difference in yield between them is less than 1%, so not an important factor.
Good luck to all.