Veren Inc T.VRN

Earnings Tomorrow!

[BigJoe778]

My prediction is tomorrow's numbers will be decent and show the company is moving in the right direction but I really doubt we see the blowout quarter that so many are predicting/expecting. Also based on what I can see on the total shares outstanding ytd, they haven't dropped at all indicating they've not yet executed any of the 5% NCIB that was promised. Unless we get some sort it f surprise in the numbers or another divy increase announced, my short term expectations for the sp is to remain relatively flat. I'd love to see a surprise and a pop in the sp but I'm certainly not expecting it. JMHO.

[Moemoney42]

I tend to agree with you Joe.. might be a good thing that today we have the double whammy of a CDN $ increase and the crude price softening.. maybe some of that can reverse for tomorrows open..? steady as she goes otherwise.. IMHO.. 

[Marty57]

Good Take Big Joe.  I think results will be very good tomorrow, but expectations are sky high.  I expect FCF will be $200 M or higher and it will all go to paying down debt.  Share price response to the results will probably be muted as investors want to see money in their pocket and debt rduction doesn't provide that immediate shot in the arm.  But, not so long ago $200 M