Veren Inc T.VRN

Don't think "Simply Wall Street's" report is helping today

[rusty777]

Crescent Point Energy

CPG

Share Price

7 Day

1 Year

11.93

-1.2%

31.7%

New major risk - Financial position

The company's interest payments are not well covered by earnings.

• Net interest cover: 2.8x

This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario.

Currently, the following risks have been identified for the company:

Major Risks

• Interest payments are not well covered by earnings (2.8x net interest cover).
• Earnings are forecast to decline by an average of 2.0% per year for the foreseeable future.

Minor Risks

• Dividend is not well covered by earnings (108% payout ratio).
• Shareholders have been diluted in the past year (14% increase in shares outstanding).

[mbuch]

"Even into bankruptcy" LOL Talk about manipulative scare tactics! Obviously shorters.     

[Moemoney42]

No doubt that is influencing the stock today..! Looks like the US traders are penalizing some CDN players for the ability to have the TMX move  crude to global markets I'd say..? 

[darb]

What are these guys smoking?

[Marty47]

We just need to keep buyback going , personnaly I will buy more soon if oil hit 70$ , once trudope and junkmeat gone Canada will shine , I'm long here 10 years , those with good inventory and improved technologies will shine , payout ratio is 25% don't know why it show higher . 

[7Twiggy]

Took a look a the reviews for SWS.  Mixed bag, most seem to be using it for general info. I will stick with the recommendations of the numerous analysts that have appeared on BNN this last while.  Also thought the President's comments on his BNN visit were very credible. Think we will see this move up nicely before the next quarter. In the meantime I will try and ignore the noise

[papaloapan]

Simply Wall Street is written by semi-AI.  Spam is more useful. 

[Marty47]

Y'a like those motley fool clown lol these men are funny , I like there posters , one day it's "crescent point maybe bankrupt this year " and the other day another poster from the motley fool posting "cpg best  investment " lmao same clowns 2 opposite posting , same thing with suncor one day " don't expect su will go higher at 47$" and 3 days later