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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
Comment by NPD312on Oct 27, 2017 9:26am
107 Views
Post# 26867304

RE:RE:During a conference call...

RE:RE:During a conference call...Today is a new day indeed but, its still a continuation from yesterdays sentiment....premarket is already at 8.88.  Good chance it goes below 8.75.  I feel like this is following the footsteps of Baytex.  So many oil CO's that were trading in the 20'/30/40's have become single digits closer to the dollar range....I cant stand what has become the current state of CPG...no logical strategic planning has been done the last few years.  
You have to have a blended interest in the 1. core business and 2.  shareholder/investor perception.  According to the market, perception of the CEO is horrible....whats the logical thing to do?  Step down so both 1 & 2 can be respected and maintain confidence.  This pr ick has deceived/lied several times forgetting how important the share price and invenstor participation is.  Hes already flip flopping/contraticting himself on what hes going to do with the 2018 CAPEX.....
Theres plenty of credible/qualified people that are hungry to be CEO and that will change a company for the better and do it for a lot less than the current CEO.

Bullboard Posts