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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

Bullboard Posts
Post by Soccerguyon Feb 03, 2017 10:25pm
325 Views
Post# 25798661

one confusing stock....

one confusing stock....I am relatively new to stockhouse but have been in CPG for about 1.5 rs. I read posts daily regarding crescent point. In the past 22 days we have had about 21 down days and 1 green (I may be off somewhat). Last March we saw the 52 week low and bounced back nicely now to see it approach those levels again. I understand the fact that investors didn't like how they issued more shares but that seems to be old news and we have all digested that. The dividend got slashed twice after we were lied to....that was probably a good thing as they couldn't afford to keep it that high. Oil has rebounded a bit....opec cuts seem to be working minus a few places like the US....so what's the issue of this getting slammed. Are shorts crushing us only to increase it after the financials late Feb. Any insight and positive news would be helpful. Feel free to inbox me. Thanks.
Bullboard Posts