Recent name change from Crescent Point Energy. Company has lots of opportunity. New management team focusing on strong assets that generate cash. Will continue to own. Believes stock price is still under valued.
Likes both, but their stories differ. SU holds Oil Sands which have a long reserve life. The new executives are doing a great job fixing problems. VRN is a conventional producer in the Duvernay and Montney with shorter reserves. Both are undervalued--though VRN is more likely to go higher, though VRN is more volatile.
Likes both, but their stories differ. SU holds Oil Sands which have a long reserve life. The new executives are doing a great job fixing problems. VRN is a conventional producer in the Duvernay and Montney with shorter reserves. Both are undervalued--though VRN is more likely to go higher, though VRNs more volatile.
One of his top holdings, a 9.5% weighting. At least 20 years of high-quality inventory. Proven ability to successfully execute. A 10% free cashflow yield at $80 oil is about a $19.57 target price, 70% upside from here.
Veren is a Canadian stock, trading under the symbol VRN-T on the Toronto Stock Exchange (VRN-CT). It is usually referred to as TSX:VRN or VRN-T
In the last year, 5 stock analysts published opinions about VRN-T. 4 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Veren.
Veren was recommended as a Top Pick by on . Read the latest stock experts ratings for Veren.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
5 stock analysts on Stockchase covered Veren In the last year. It is a trending stock that is worth watching.
On 2024-07-08, Veren (VRN-T) stock closed at a price of $10.82.
Classic oil producer chart. Broke out, pulled back to the neckline. Have to see if neckline holds, that would be good. If breaks down below $11 or so, expect it to return to the bottom of the range. He's not making any predictions.