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Veren Inc 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 PetroBullon Dec 08, 2021 10:40am
133 Views
Post# 34210362

RE:A buy by Eric Nutall.

RE:A buy by Eric Nutall.We have come a long way from March 2020 at sub $1.00. Eric buying at mid $5 range has to be encouraging.  They have committed to ongoing balance sheet repair.  I assume changed management compensation from share dilution.  Not popular at all.  Ongoing debt reduction, share buybacks that will continue in 2022+ and a dividend that will grow and attract income seekers, is very exciting.  Congrats to anyone who bought at depressed share price and held. Its been tough to ride the volatility.  The supply demand stats dont lie.  Their new assets are exciting, as well.  Good luck to all shareholders.  Bashers and shorters must be under a lot of pressure.  
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