Received via IBKR
Effective Date: May 12, 2025
๐งพ Weโve been waiting for this because once Veren merges into Whitecap the potential for the resulting company looks very positive.
Fundamentals at a Glance:
๐ฅ Whitecap ($WCP (+0,34ย %) )
- ๐ PE: 6.0 | ๐ PB: 0.85
- ๐ช Yield: 8.9% with growing payouts
- ๐ฐ PFCF Ratio: 0.88 โ Strong cash flow support
- ๐ ROE: 14.5% | ๐งฎ PEG: 5.67
- ๐ฆScore: ๐ข82 (Strong) | WB Grade: B
Veren ($VRN ):
- ๐ PE: 19.1 | PB: 0.77
- ๐ธ Yield: 5.4%, but weaker growth
- โ ๏ธ Payout Ratio: >100% | ๐ ROE: 4.1%
- ๐ฆ Score: ๐ก60 (Moderate) | WB Grade: C
๐ This merger potentially upgrades our capital from a moderate performer to a dividend powerhouse โ with better valuation, monthly cashflow, and a more solid balance sheet.