Veren Inc T.VRN

Alternate Symbol(s): VRN

Energy Oil & Gas E&P

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

Veren Inc

Bullboard Posts

Comment by Vinnie3on Jul 02, 2018 10:37pm

114 Views

Post# 28260462

RE:Contemplations on the share price -Q. and A.

This is from the CPG corporate report:

Active hedging program reduces funds flow from operations volatility and provides greater stability for dividends and capital spending

When I dont understand something it pisses me off. I googled 'funds flow from operations' and add to that 'volatility' and here is what investopedia says on the closest term, no one defines funds from operations with word 'flow' in it.:

The terms funds from operations (FFO) and cash flow are related but describe somewhat different concepts. Cash flow is a measurement of the net amount of cash and equivalents moving in and out of a business. FFO is a specific method of expressing the cash generated by real estate investment trusts (REITs) and is close to, but not the same as, a certain type of cash flow. Here's what you need to know about cash flow, and why we need a different metric to show the cash generation of companies that own large amounts of real estate. once was a

This is another example of people who con others with words no one knows what they mean. I often saw this at the very highest levels of the corporate world there I once was.

Try to understand this from page 9 in the little letters

As at April 27, 2018. Floor hedge price is calculated using the forward strip for the 3-way collar hedges
Floor hedge price of 3-way collar hedges are subject to change based on forward oil and f/x prices

Will they please give detail because this is where the company is sinking in my view.