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 > Take a look at $VLE with 0.71$ net cash per share

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Post by MissStock111on Nov 01, 2020 9:28am

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Post# 31819889

Take a look at $VLE with 0.71$ net cash per share

If big caps are cheap, imagine small cap. Look at this one...
$VLE Valeura energy trading at 0.39$ right now.
shares outstanding: 86 500 000
market cap of 33 000 000$CAD
Cash : 31 000 000$USD = 0.47$/share in canadian dollars
No debt.

just sold some second class assets for 15 500 000$USD.

all that money = 0.71$ net cash per share and they still got their most important assets. Insider buying going on, what else can we ask for ... load and wait game for me.

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