Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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
Comment by Kaybobon Jun 15, 2017 11:07am
162 Views
Post# 26366110

RE:CPG Lowest Ever

RE:CPG Lowest EverFirstly I am not supporting CPG and find them to be misguided during this downturn. But I offer the following response to Uppers...

Well there are many ways of looking at the efforts of yesteryear.  If all things being equal would you rather CPG issued $45 stock to buy someone or pay cash (available or debt) at that time?  I hear what you are saying and CPG just simply went too fast.  Its about living within your means but if you recall 3 years ago oil was $100 and no one ever thought it was going down so I can see where they were coming from.  They are down 39% YTD and doing absolutely terrible and it is the management of the downturn that is causing that.  We are all selling the same oil it is how you conduct your business on how the market interprets you.  CPG can not sustain itself at $44.55 per barrel they way they are running right now no matter what you read in their news releases.
Bullboard Posts