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Veren Inc T.CPG


Primary Symbol: T.VRN Alternate Symbol(s):  VRN

Veren Inc., formerly Crescent Point Energy Corp., is a Canada-based oil and gas exploration company. The Company is engaged in the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its crude oil and natural gas properties and related assets are located in the provinces of Saskatchewan, Alberta and the United States. Its operating areas include Viewfield area of southeastern Saskatchewan; Shaunavon resource play, which is located in southwest Saskatchewan; Flat Lake play, which is a multi-zone resource play located in southeast Saskatchewan; Kaybob Duvernay play, which is situated in the heart of the condensate rich fairway, Central Alberta, and Montney assets in Alberta. Its wholly owned subsidiaries include Crescent Point Resources Partnership, Crescent Point Holdings Ltd. and Crescent Point U.S. Holdings Corp.


TSX:VRN - Post by User

Bullboard Posts
Post by pwig01on Oct 26, 2017 10:41am
223 Views
Post# 26861947

5i Research likes the qtr

5i Research likes the qtr
5i comments have usually been somewhat negative on the company.  This morning's comment:

"Results were good and the company raised its 2017 guidance. Production in the 3Q rose 10% and some assets were sold to improve the financial picture. Cash flow was $0.71 per share. Guidance was increased 1,000 b/d. Good but not really material on a 174,500 b/d base. Still, it was a good quarter for the company."

That makes three good qtrs in a row.  And SU also had a good qtr.  Eventually the market sentiment will shift (okay, should shift).
Bullboard Posts