Bullboard - Stock Discussion Forum 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... see more

Add To Watchlist

TSX:VRN - Post Discussion

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

View:

Post by MissStock111 on Nov 01, 2020 9:28am

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.

184