Veren Inc 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.

TSX:VRN - Post by User

Veren Inc > Don’t waist your time

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Comment by JohnnyDoeon Nov 07, 2023 6:36am

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Post# 35720844

RE:RE:RE:RE:Don’t waist your time

filefish wrote: JohnSP, sorry I missed that statement on the PR in first reading. I do remain sceptical. But will look to the market reaction of the stock price in the next couple of days and decide what to do with my shares.

The markets have reacted negatively to most mergers

This merger features immediate increases in share metrics and an enhanced dividend

But I think the market reacts negatively

I do have some concern though about serial acquirers/disposers because as a shareholder it's difficult to settle in on what you own

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