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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 BullishBaytixon May 12, 2016 7:52am
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Post# 24865075

RE:Time to Watch CRESCENT POINT ENERGY (T.CPG)

RE:Time to Watch CRESCENT POINT ENERGY (T.CPG)
arnulacroix23 wrote:
Keep a close eye on CRESCENT POINT ENERGY (T.CPG) @ current levels. Potential upcoming earnings-numbers surprise


https://crweworld.com/article/markets/27188/notable-companies-earnings-reports-to-watch-for-thursday-may-12-2016

* Quarterly production of 178,241 boe/d in Q1 2016

* Qtrly net loss per share $0.17

* Continues to lower its overall cost structure

* Well positioned to achieve its annual average production guidance.

* Remains on track to convert 50 producing wells in 2016 with initial plans to accelerate conversions in 2017

* 2016 guidance, initial 2017 plans unchanged with capital expenditures of $950 million each year and average production of 165,000 boe/d each year

* Q1 earnings per share view c$-0.11 -- Thomson Reuters I/B/E/S

* Crescent Point announces Q1 2016 results and record production Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)

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