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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 Marty57on Dec 18, 2021 11:18am
208 Views
Post# 34243353

RE:RE:RE:RE:RE:RE:GLTALongs. Burn the shorts. Low share price. On Sale!!!!

RE:RE:RE:RE:RE:RE:GLTALongs. Burn the shorts. Low share price. On Sale!!!!
I prefer the term optimist to cheerleader...lol.  I have been a long shareholder in CPG since before the 2014 crash, and believe me it has been a rough ride.  I am optimistic (cheerleading I mean) now because the company's financial performance has been very strong over the past year, and the outlook for next year is even better.  For me, I don't want to see them taken out at 8 or 9 bucks a share.  I want to see them execute like they have been doing.   Making maybe a billion in FCF in 2022.  Most of that will go to paying down debt, but time is fast approaching when debt will be down to their target level, and a lot more of that FCF will be directed towards share buy backs and higher dividend.  That's the way it appears to me.
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