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Bullboard - Stock Discussion Forum 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... see more

TSX:VRN - Post Discussion

Veren Inc > What
View:
Post by shenty46 on Nov 15, 2021 8:36pm

What

What will crescent point do with almost a billion dollar free cash flow next year.
Comment by Jonny2fingers on Nov 15, 2021 9:07pm
At $80 WTIC and every $1 above $40 = $35,000,000 fcf.......makes it $1.4 BILLION in fcf annualized. However, I think their latest update now has it at every $1 above $45 WTIC (due to increase in production costs for 2022)......so, $1,225,000,000 fcf next year at $80 WTIC. If my maths and assumptions are all correct. p.s, don't forget....WTIC is expected to be much higher than $80 in the ...more  
Comment by shenty46 on Nov 16, 2021 9:12am
So by your calculations if oil is at even 95 dollars,(it's to go much higher) Crescent point may be debt free in a year .
Comment by Jonny2fingers on Nov 16, 2021 10:46am
It's crazy to think about, isn't it!?!
Comment by Redfoxy on Nov 16, 2021 1:07pm
they will find a way to: 1. increase dividend by 1/1000th of a cent; 2. pay balance out to management
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