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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

Comment by LiquidOctopusV2on Nov 01, 2021 10:01am
172 Views
Post# 34072490

RE:RE:RE:oil at 85 US and CPG shares floundering!

RE:RE:RE:oil at 85 US and CPG shares floundering!We all have our history with CPG and it all hasn't been good.  But we're all here for the same reason, we think the future for CPG is better than today. 

Teasing me doesn't change any of the positive signs we're seeing.  The big decrease in the short interest is important.  Ignore it if you wish. 

We all know what holds this company back: debt and concern about over-aquiring new assets.  However, the management is stable as a table for the past 3 years.  Debt is getting repaid.  All they have to do is stay the course and the share price will continue to rise.

Redfoxy wrote: WOW and amazing move up!  Just llike the 1000% increase in the dividend.  Be careful thought that you dont spend all those gains in value on a single cup of cheap coffee because that is all that these increases are worth.

Regardless of this amazing move, still way below where a company of comparable size and profitability should be trading at.  You guess the reason why its not.

As for the bulls looking at CPG...remember that in this game "..all dogs have their day in the spotlight"!


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