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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 TheEgyptianon Dec 28, 2017 11:44pm
330 Views
Post# 27243003

Is there a business problem with CPG?

Is there a business problem with CPG?I am posing this question because I can't see anywhere information leading to a negative news.
The 52 week high was $18.9 with oil price much lower then today.I believe the company showed in the last 2 quarters a much better results.Today price of $9.41 is a ridiculous number for a company with the power of CPG.
In the past every analyst was in love with CPG,nowaday 60% for and 40% against.I understand investors are upset with the direction that management stir the company the last 2 years but that was the past.
Bullboard Posts