
CPG Stock Forecast & Price Target
CPG Analyst Ratings
Bulls say
Veren is set to see significant growth with the recent acquisition of HHRS, which will increase their scale in the Montney and drive much of their future growth. The company's strategic focus on optimizing free cash flow will lead to improved shareholder returns and could also accelerate share buybacks. With the potential for commodity prices to strengthen and operational improvements at their high margin assets, there is additional upside for the company's financial performance in the near future.
Bears say
Veren is facing multiple challenges, including higher exposure to lower natural gas prices, a decline in legacy assets, and potential operational issues, which could significantly impact its growth profile and stock price. The company's cash flow estimates are also expected to decrease in the coming years, with free cash flow and total shareholder returns shrinking in proportion to its market cap size. Overall, the financial outlook for Veren is negative, with potential risks to its profitability and stock price.
This aggregate rating is based on analysts' research of Crescent Point Energy and is not a guaranteed prediction by Public.com or investment advice.
CPG Analyst Forecast & Price Prediction
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