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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
Comment by bagoon Jun 13, 2018 10:17pm
126 Views
Post# 28169667

RE:RE:RE:RE:RE:RE:RE:transformation with next CEO = Neil Roszell

RE:RE:RE:RE:RE:RE:RE:transformation with next CEO = Neil RoszellSo let me get this straight 1,2,3 and 4 has nothing to do with management and 
"WCP has however a better recycle ratio, lower decline rate (22% vs 28%), better debt metrics. And all of these are something being influenced heavily by a good management team:" Is because of good management.

Honestly son your number are skewed and deceiving and the market pricing is what counts. You are leaving out the cost of servicing the debt, the almost 3x the capex CPG needs and WCP's POR is estimated way lower for 2018 hence the share price differentials. I am not here to say WCP is a better investment but they are both cheap and equally priced. The 3 billion dollar difference in debt is worth 5.5 a share alone nevermind the cost of that debt. You better sharpen your pencil and learn to compare apples to apples. If the CEO was the only problem why then when he stepped down has the stock not bounced. 
Bullboard Posts