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.

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Veren Inc > Globe says Crescent Point cash flow improving

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Comment by Moemoney42on Jul 15, 2021 10:18am

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Post# 33548802

RE:RE:RE:RE:Globe says Crescent Point cash flow improving

BP, I've posted in the past that they did purchase ~2 million shares in Q1-20 under the NCIB the last time you brought up this subject.. just before all h3ll broke out with the covid issue and oil prices went negative.. I will cut them some slack for this ~2 year period.. but like you, my patience only goes so far.. yours is obviously shorter than mine.. nothing wrong with that.. as you can tell.. I'm a glass half full kind of guy.. one that's still up over 100% in both accounts with my holdings.. hate me if you will.. :-)

Bpultra wrote: Your missing the point ... they said they would start a NCIB program in lue of DIV... for two years now.... NO div.... NO NCIB but thier warrants increased ... how can you sit there and think that is ok? Why not give them another 5 mill of warrants ? why do you think they are hated they way they are .... yes others are down but CPG is the dog of the bunch
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Moemoney42 wrote: Correct me if I'm wrong but aren't those numbers part and parcel of their "compensation packages" (partly awarded in shares).. what I focus on is "0" sells.. thats even more important to me.. JMHO

Bpultra wrote: https://www.baystreet.ca/quotedata/CPG-CA/analyst/

When you look at this ... you say wow .. the insiders have bought... but these are warrants they gave themselves.... look over the last year.... now tell me again what our div is and also tell me again how much of the NCIB they have done ???

Insider Summary

Last 3 Months

75,985 Shares Traded

6 Buys

0 Sells

Last 6 Months

713,533 Shares Traded

17 Buys

0 Sells

Last 12 Months

850,290 Shares Traded

32 Buys

0 Sells