Veren Inc T.CPG

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

Energy Oil & Gas E&P

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.

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Veren Inc

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Comment by jwallingfon Mar 12, 2019 4:53pm

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Post# 29475553

RE:RE:RE:One of two catalysts needed

Thanks for this Magnus. Good to see some fact-based opinion instead of "CPG sucks", etc. Interesting that the analyst states CPG is trying to sell assets producing 21k boe/d. Last year 7k boe/d yielded C$355 million (C$50k/boe/d). Theoretically, 21k would bring in about C$1 billion. Even at C$35k per boe/d, C$700 million cash. Shrinking debt, share retirement, it's a brighter future. Not sunny skies, mind you, but clearing.

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