Bullboard - Stock Discussion Forum 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... see more

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TSX:VRN - Post Discussion

Veren Inc > CPG should be trading the same as WCP.

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Post by Mrlongpants on Dec 15, 2020 6:00pm

CPG should be trading the same as WCP.

WCP took out TORQ and the anaylist are rewarding the company with more debt.
Cpg did the same in 2014 and got the cold shoulder form the anaylists.??????
please Explain.

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Comment by barneyj44 on Dec 15, 2020 7:57pm

Wcp is buying near the bottom of the cycle, Cpg bought when oil was trading at $90 a barrel as did Baytex.

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Comment by Anschutz on Dec 15, 2020 11:14pm

WCP has a better management team that has the trust of investment firms and shareholders. WCP is also growing barrels and increasing the monthly dividend. CPG sold assets, cut growth and the dividend. All the while leading investors to believe they were paying down debt and reducing the float. Instead whatever shares they did buy were reissued as gifts to management and board. Investors see who ...more

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