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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

Comment by Dogsbreakfast4Uon Jul 27, 2021 10:04am
101 Views
Post# 33609584

RE:RE:RE:RE:current cash flow ...

RE:RE:RE:RE:current cash flow ...
Redfoxy wrote: Diligent - "...this stock going into the 3s"..  Remember that this is CPG that you are writing about and regardless of what oil prices do, CPG goes down; regardless of what earnings they show, CPG goes down; regardless of what acquisitions CPG makes, CPG goes down.

Like you I will jump out of this sinking ship if there is not a good earnings report..oh yes, lets not forget that massive dividend that they pay out.  Pathetic company and pathetic stock price.  So much for rewarding investor patience!


While CPG continues to go down (-3.4% this morning with oil flat at 71$ +), management keeps  rewarding itself with options, shares and millions in salary and "performance" bonuses.
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