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Bullboard - Stock Discussion Forum 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... see more

TSX:VRN - Post Discussion

Veren Inc > So much for catching up to WCP
View:
Post by JamesT on Sep 24, 2021 1:34pm

So much for catching up to WCP

WCP up over 9% today with no apparant news.

As of 1:30pm,  CPG - $5.38.    WCP-$6.43

CPG dividend increase did nothing really to decrease the differential between the 2 stocks
Comment by Chad123 on Sep 24, 2021 1:40pm
Top pick by Nuttal.......
Comment by Bpultra on Sep 24, 2021 2:28pm
========== yap and WCP tail lights in plain view .... then they stepped on the gas and all I see is dust now... are they driving a BMW by chance....lol 
Comment by Anschutz on Sep 24, 2021 5:37pm
WCP is still the better company. Imagine the differential had CPG not increased the dividend. Bryska needs to ramp up returning funds to investors. Investors are anticipating WCP will increase or pay out a special dividend soon. CCCPG is still clawing its way out of the pit Scamberg dug it into.
Comment by LiquidOctopusV2 on Sep 24, 2021 6:40pm
WCP is a great company and is reputed to be the best in the sector.  CPG trades a premium because of past missteps.  Management needs to "stay the course" and follow the industry meta of returning capital to shareholdrs.  That's all they have to do and we'll be trading at an attractive multiple soon enough.  
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