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

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Post by yaymakemoneyon Jul 26, 2019 1:08pm

226 Views

Post# 29964640

Most hated energy company in Canada

Who else makes $400 to $600 million in free cash flow at $55 WTI, pays down $450 million of debt, has a D/CF ratio of 1.9 and falling fast, and has a stock in FREE FALL?

You cannot blame the company for once. After all these years, they are finally listening to investors.

CPG should change its name to Beyond Crescent Point and the stock will go up 1100% overnight.

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