Received via IBKR
Effective Date: May 12, 2025
🧾 We’ve been waiting for this because once Veren merges into Whitecap the potential for the resulting company looks very positive.
Fundamentals at a Glance:
💥 Whitecap ($WCP (-0.89%) )
- 📉 PE: 6.0 | 📘 PB: 0.85
- 🪙 Yield: 8.9% with growing payouts
- 💰 PFCF Ratio: 0.88 → Strong cash flow support
- 📈 ROE: 14.5% | 🧮 PEG: 5.67
- 🦆Score: 🟢82 (Strong) | WB Grade: B
Veren ($VRN ):
- 📉 PE: 19.1 | PB: 0.77
- 💸 Yield: 5.4%, but weaker growth
- ⚠️ Payout Ratio: >100% | 📉 ROE: 4.1%
- 🦆 Score: 🟡60 (Moderate) | WB Grade: C
🔁 This merger potentially upgrades our capital from a moderate performer to a dividend powerhouse — with better valuation, monthly cashflow, and a more solid balance sheet.