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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

Comment by Bansheeon Jun 19, 2024 1:07pm
66 Views
Post# 36096232

RE:Newbie

RE:NewbieUnfortunately , more than likely not unless it's in a toilet bowl. I want this stock and all O and G stocks to thrive and make money but this one is in another category.I find it similar to  FC during the 2008 crisis . Altagas under Mr Cornhill misleading institutional and retail investors, and Scott S and the board  aking all those big money mgrs who called it a premier company and a must in your portfolio look like complete NitWits. Only recently is MFC coming back , a dead 15 years for investors , ALA a little quicker but this one is less than a quarter of the highs , a non existent dividend compared to the $2.73 it was and dispite shareholders like Moe and so e others pumping it's attributes , it is going nowhere. Will it survive , yes certainly , will a name change help ,A Big NO , the best scenario is a takeout or a merger with a credible company and MGMT. IMHO
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