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

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Comment by splurgeon Jul 20, 2015 10:14pm

185 Views

Post# 23943229

RE:RE:RE:RE:Motley Fool opinion - FYI

Are you really serious...Q1 does not explain what will happen in Q2 Q3 and Q4. That requires reasonable assumptions about the price of oil and netbacks and capital expenditures and more.

I have read Q1 very thouroughly. But you are providing misinformation about capital expenditures which is clearly stated in their updated forecasts which incorporate the impact of Legacy and Coral.

Could you please help me underestand what numbers you are talking about with regard to your statement "all the numbers are there..better than guessing"?

I don't guess, but instead I use a quarterly model I have developed to provide sensitivities under different scenarios and sets of assumptions.

splurge

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