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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
Comment by magnuswaveon Dec 06, 2017 10:22pm
183 Views
Post# 27106139

RE:I do wonder

RE:I do wonder

Well as we are well aware, the words below ring louder everday

Ryan Bushell, vice president and portfolio manager at Leon Frazer & Associates, who owns the stock in his personal and client accounts, argues something needs to be done to restore trust.

“I rarely say this, but I think this company would benefit from a leadership change,” he wrote in an email to BNN.

“While Scott Saxberg has been instrumental in building a great pool of oil assets, he has also lost credibility with investors by emphatically defending the dividend before cutting it twice and saying he was finished issuing equity, then issuing more last fall. I still believe this company has a future, but something needs to be done to restore credibility.”


Bullboard Posts