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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 Takeactionnowon May 06, 2020 4:02pm
156 Views
Post# 30994751

RE:RE:RE:RE:RE:Crew Energy (CR)

RE:RE:RE:RE:RE:Crew Energy (CR)At the close, PONY.TO is the winner with a 1.87 to 1 price gain from the $0.29 acquisition cost of CR.TO (PONY.TO comparison price at time of purchase was $0.75, with closing price of $0.82 (compared to CR.TO close at $0.305) adjusted 2.5 to 1 representing the price differential and number of shares bought per unit of value).  That being said, natural gas futures were down significantly today after a big run up at the start of the week, with projections not looking great.  Caution and profit-taking are in order.

Moemoney42 wrote: I'm in at $.29... thanks for the heads up Runaway... have a great day and good luck with you're investments... ;-)
 Moe $$
Moemoney42 wrote: Ahh yes another good chart with PONY... what I do like is the CEO's buying their own stock.. if anyone has insight they will.. and its a little cheaper to get into CR.. although that's not the motivation but I can by twice as many for less money... ;-)

Takeactionnow wrote: There have been a number of good plays in the gas space, such as PONY.TO, which has nearly tripled in the past three weeks.

Moemoney42 wrote: Interesting take Runaway.. put it on my radar... looks like others agree with you're take by the action today...I'll take a poke at it... thanks for the heads up..!
Moe $$
Runaway1492 wrote: Guys, if you see natural gas prices headed higher as associated gas in the US gets shut in there's still an undervalued player to get some big returns. Crew Energy's CEO recently bought 500K shares and other insiders have been buying too. Their covenant free debt isn't due until 2024. Lot's of upside potential with this gas and condensate play and very little risk at current share price.

 

 

 




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