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 > Insider Selling

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Comment by Moemoney42on Nov 11, 2021 12:51pm

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Post# 34115625

RE:RE:RE:RE:RE:RE:RE:Insider Selling

Without doing DD on those comments I can only assume they're correct..?? But I myself am looking into the next years numbers to base my bets.. ya ya.. I know.. next year.. but I don't need to sell for the cash and I do believe CPG shareholders will be rewarded once the balance sheet is where they want it.. if that changes I'll reassess.. good luck..!

Bpultra wrote: not confrontational at all.... and fact be known I sold my last big blocks at 6.35 ... but still hold some in a few accounts .. and alot of my family members still hold alot ... I am back into reco heavy but that is to risky for family that cannot watch the screen.,. so I am still helping them ... and its like a crash you keep coming back to the sceen of the crash... now I do not want to be confrontational but what I stated and noted in the cut and paste what is not true

Moemoney42 wrote: I don't mean to be confrontational BP but why, if you're not happy with management or the company, do you even bother investing in it... there's a pletora of other companies in the same sector you might prefer..?

Bpultra wrote:

ascii2 wrote:
Agree. Elon Musk is going to sale 12 billion dollar worth of shares for tax purposes. Some people make mountain out of mole. Positive and constructive steps taken by board and CEO are not hilighted. i feel sorry for those. Proof of pudding is in eating. Next year debt should go down, dividend should increase. One doesn't buy a farm for 3 months return based on no rain. quicker Debt paydown due to high cashflow is in best interest of share holders. Quick flippers are discouraged and unhappy by this and always keep critising the management IMHO

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you do know that since they announced they promised to start the NCIB that the float has pretty well increased and the warrants along with them ..isnt the idea of a NCIB to bring the float down ... hence adding value to the shareholder ... do you see why this dog is alwasy behind its peers

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 9.9%.
.Debt Level: CPG's debt to equity ratio (41.4%) is considered high.

Reducing Debt: CPG's debt to equity ratio has increased from 37.7% to 41.4% over the past 5 years..
High Dividend: CPG's dividend (2.05%) is low compared to the top 25% of dividend payers in the Canadian market (4.49%).
Insider Buying: CPG insiders have only sold shares in the past 3 months.