Veren Inc T.VRN

Remember the big picture

[barneyj44]

and not the daily fluctuations. The Company expects to generate$1.2to$1.4 billionof excess cash flow in 2022, atUS$80/bbl toUS$100/bbl WTI for the remainder of the year, further benefiting in the current environment from its high netback production and significant tax pools

[DrBill1]

And, the accumulated tax pools are about $10 Billion according to filed financial reports.

[ascii2]

Companies calculations were based on $80 per barrel price. During second quarter price remained above $100 per barrel. After second quater results on 27th July PE ratio will further go down. Currently PE ratio is 1.5, show me a single energy company with lower PE ratio, paying dividend and has 1.5 billion ($4.70 EPS)  cashflow. CPG is firing on all four cylinders. 1. Good cash flow of approx

[barneyj44]

Ascli2 only a 4 cylinder, hope it's at least super charged. I hold Whitecap along with Crescent Point and at times both trade very similar. Wonder if both management teams ever thought of a merger. Might make sense.

[TheBridge]

barneyj44, I'm happy that you hold both WCP and CPG, obviously you value both. I on the other hand I no longer hold WCP because I value CPG. I for one didn't want to hold a share in anything that the Fager controls, so those shares were sold after attending 2 AGMs where I had an opportunity to see what was controlling the shares I held.  The boys at CPG don't possess an atitude as

[barneyj44]

I have equal weightings in both Cpg and Wcp. There's days I wish I held more Cpg and vice a versa. Interesting summary on Grant Fagerheim. I think both companies are undervalued and should do well.

[Mrlongpants]

I too have equal weights of both. Cpg perferred by sharholders. Wpc perferred by fund managers. I can sleep at night while reaping the rewards. Either one is a strong buy. Trading near book value at about the same price. Smart to own both. Selling same product using different management style. I can see more upside when they increase the dividend. GLTALongs and sharholders.