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 AndreiVon Mar 18, 2019 5:06am

119 Views

Post# 29499053

RE:RE:RE:RE:RE:CPG firesale!

isn't our breakeven around 50$ WTI? except for q4 but thats because of the short lived super drop of Canadian oil prices, prices recovered and are now very strong in q1. I should have bought ccx instaed of loading on cpg/bte oh well missed that one...:( But im confident il make good money in a few months.

Chris_toronto wrote:
Alpha72018 wrote: It has been a "value" trap for the past 5 years & the company remains hated..

It's the company's financials that are hated. Been running full operations for several years and not a dollar of free cash flow to show for it.

If THAT changes, the share price will change.

But the fear is that this company can not make real money with oil below US$60. Let them prove that wrong and the market will react accordingly.