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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 retiredcfon Jun 15, 2024 6:48am
88 Views
Post# 36090370

RE:RE:Veren Mention - Market call

RE:RE:Veren Mention - Market callSurprised that stockchase didn't mention anything because despite all these great comments about CNQ, when asked if he would buy it here, he said he would rather buy VRN because it's a much better value. Go to 8 min mark of this clip. GLTA

https://www.bnnbloomberg.ca/market-call/full-episode-market-call-for-friday-june-14-2024~2935812

BUY ON WEAKNESS
Canadian Natural Rsrcs(CNQ-T)
14/06/2024
 
Very high quality company. Excellent management team. Expecting return of capital to shareholders. Very good balance sheet, with strong asset base. Expecting cash flow per share to rise. Oil prices appear stable. Expensive compared to peers - but very good name to buy. Recent weakness, a good time to buy. 
Oil / Gas

Greg Newman
$46.620
Unknown
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