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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 jwallingfon Apr 30, 2019 4:09pm
57 Views
Post# 29690782

RE:RE:Why does it take these clowns so long to sell assets

RE:RE:Why does it take these clowns so long to sell assets
dontrustanyone wrote: Because they can't get near what they paid .............................................

yitearp wrote: I mean they talk about it forever but no action with this management. Anyone can do a better job than what's currently in place for a BoD at Crescent Pointless. 



That's exactly it, dontrustanyone. If you bought a house, then the real estate market crashed, would you be selling? CPG is under no pressure to dump these properties at a loss. They have more than enough cash flow to trim their debt. They're not Penn West or Pengrowth. 
Bullboard Posts