Veren Inc T.VRN

Insider Selling

[Dogsbreakfast4U]

The CFO sold 12,000 shares at $6.29 on 1 Nov on the public market. On a positive note he still owns quite a few of the free shares he and is friends gave themselves.

[CdnOilObserver]

This company needs better Social Goverance - if the Board of Directors wants  to issue shares to Management for a job well done - they need to align this reward with the interests of the shareholders and set a "high water" mark for said issuance.  WTF is an Executive selling at $6.29 - what does this say about the short-medium term outlook for the share price?

[Moemoney42]

Do you guys realize part of the BOD compensation is in shares.. this aligns their interests more closely to shareholders .. as a result of this share based compensation a certain amount may have to be sold off to adjust for tax consequences at some point.. don't think I'd put alot of weight behind the sales.. its just small money for a reasonable issue.. nothing more.. ;-)

[ascii2]

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

[Bpultra]

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.

[Moemoney42]

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]

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

[SchoolNmoe42]

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[1970Craig]

Love it ScoolNMoe42 !!   Just perfect !  Craig 

[Moemoney42]

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..!

[SchoolNmoe42]

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[SchoolNmoe42]

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[Moemoney42]

STFU troll.. why did you comment other than to being confrontational.. the difference between you and I is, I stand behind the people and companies I invest in.. unlike you.. you'd sell your mother out for a few thumbs up from strangers on Bullboard... LMAO.. When you start bringing some intellectual conversation to the board I might cut you some slack.. haven't seen any of it to date

[SchoolNmoe42]

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[Bpultra]

---------------------- yes same old same old ... they need to be taken out