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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 mercatoson Aug 28, 2017 9:34pm
219 Views
Post# 26630610

Less than 70 Days

Less than 70 DaysQ3 Report will be out and some of you will wish you purchased shares this cheap.  Sad to see so many people not doing their homework and cant see that were are heading up soon.  CPG will produce good numbers and I will go on a limb that they will have a surprise or two that will impress the market. $10 by Nov ?  Maybe higher?
Oh and lets not forget that the longer oil stays in this range the more pain every oil producer with high cost (lets not forget those petro states) and the less money is spent on exploration and replacement.  There will be a bounce back in oil pricing and it may be more long standing than the last head fake.
CPG is a bargain if your willing to wait it out.
Cheers
Bullboard Posts