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

Bullboard Posts

Comment by omrannon Dec 27, 2016 1:09pm

135 Views

Post# 25644849

RE:RE:CPG like a speculative stock

I don't think debt is the problem because their market cap is over 9 billion, well over their debt. The stock is trading lower mainly because of the recent dilution, i guess investors are losing faith in the managment. However, the stock is undervalued when compared to its peers.

Oil looks strong and i am holding my shares until it starts trading according to fundamentals.

Cheers

Bullboard Posts

Mid-year update: Charting GameSquare’s sharp business growth