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.

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 Takeactionnowon May 06, 2020 11:28am
201 Views
Post# 30993088

RE:shareholders deficit 13.9 billion

RE:shareholders deficit 13.9 billionThe reality is that essentially EVERY company in the oil and gas space has been whacked by recent events.  The vast majority of producers, particularly in U.S. shale, leveraged their operations heavily with cheap debt.  Now it is time to pay the piper.  So, yes, criticism can be levelled, but it is industry-wide.  CPG.TO has a good hedging program and is okay on indebtedness in the near term.  There are many much worse companies out there.

bufordpusser wrote: at a quick glance total liabilities, 4+ billion,  2.2 billion q1 loss, 528 million shares, only an absolute moron investor with buckets of cash to waste would support this ineptness.


Bullboard Posts