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Veren Inc T.VRN

Alternate Symbol(s):  VRN

Veren Inc. is a Canada-based oil producer with assets in central Alberta and southeast and southwest Saskatchewan. The principal activities of the Company are acquiring, developing and holding interests in petroleum and natural gas properties and assets related thereto through a general partnership and wholly owned subsidiaries. Its core operational areas include Kaybob Duvernay and Alberta Montney, Shaunavon and Viewfield Bakken. Its Kaybob Duvernay is situated in the heart of the condensate rich fairway, Central Alberta, which provides low risk drilling inventory. Its Alberta Montney assets sit adjacent to its Kaybob Duvernay lands, possessing similar resource characteristics including pay thickness and permeability in the volatile oil fairway of the reservoir. Its Shaunavon resource play is located in southwest Saskatchewan. The Viewfield Bakken light oil pool is located in Saskatchewan.


TSX:VRN - Post by User

Bullboard Posts
Post by netprofiteer2on Jul 10, 2015 4:15pm
214 Views
Post# 23912894

Dilution again

Dilution againCPG seems to dilute its shares on a regular basis more than any company I know. Shareholders are told its for a good cause: growth. Well, the yield and the stock price down 17+% from the last stock issuance are saying something else. In spite of the street's lofty price targets and favourable view, CPG has treated its shareholders badly. A reduction in the dividend combined with a stock buyback would be great news but it will never happen ..I can't blame the sellers; CPG is not defending shareholder value.
Bullboard Posts