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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Veren Inc > U have another look John Doe

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Post by Frank007 on Aug 10, 2023 12:33am

U have another look John Doe

Cpg has 6.4x as many shares as Frontera ...cpg gets payed in wcs pricing for it oil frontera gets Brent pricing ....@ 41,000 per day cash flow is the same ...yet the Guyana assets look to be a huge find ....makes it a 10 bagger in my books ....I have cpg wcp ,cve ..Eog ...Tve and cj ...I just have 10% in for the mad money ..ll

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Comment by JohnnyDoe on Aug 10, 2023 7:35am

Your previous post said they have 3x the cash flow of CPG. They don't. Q1 they had a net loss. CPG posted 95 cents a share in adjusted funds flow in Q1. Frontera has 400M in debt, produces 41,000 a day and has pretty much no hope to bring the Guyana find into production without massive dilution because offshore isn't cheap. As it is, their interest is 79% in that find. What we have ...more

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