Crescent Point Energy: Built For The Long Run

Feb. 03, 2023 12:21 PM ETVeren Inc. (VRN) Stock, VRN:CA StockVRN, VRN:CA52 Comments
Graham Grieder
5.86K Followers

Summary

  • CPG is paying 50% of Excess Cash to shareholders, and that's growing.
  • CPG has cleaned up its balance sheet and has made smart acquisitions which are already paying dividends.
  • CPG has a strong hedge book to lock in profits.

Oil pumps and graph

bymuratdeniz

Crescent Point Energy (CPG) is returning cash to shareholders at an increasing rate, and it's only going to get better in my view. The company has started to make acquisitions the right way, in areas that are likely only going to increase the returns

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