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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 BlueCollar51on Jan 21, 2016 8:18pm
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Post# 24482560

RE:RE:RE:RE:RE:RE:RE:RE:RE:Cost cutting, layoffs, salaries, benefits, dividend cut.....

RE:RE:RE:RE:RE:RE:RE:RE:RE:Cost cutting, layoffs, salaries, benefits, dividend cut.....
BlueCollar51 wrote:
DooX800 wrote: I'm a long term employee, usually just lurk on here but when I saw this thread going so far off the rails I felt I had to set the record straight.


Thank you for doing that. It has always been my opinion (based on experience and observation) that a Companies “Human Resources” are the most valuable that they have.
 
Good Companies spend a lot of time, money and effort acquiring and developing their “Human Resources”
 
When times get tough they “Weed The Garden” and do what they can to retain the “Cream of the crop”.
 
When you see a Company announce that they are arbitrarily slashing their workforce by some % (usually a “bean counter” decision) it indicates to me that the Company has done a “pi** poor” job of staffing the Company with the right amount of “Quality Human Resources”.
 
Treating “Human Resources” like “Commodities” (like bean counters tend to) instead of “Investments” is very short sighted and simply does not work well.
 
As Always; Do Your Own Due Diligence; It’s Your Money !!


It wasn’t me that said this but another way to put it is;
 
“If You Like Eggs You Don’t Kill The Hens You Keep Them Happy”
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