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 Loves Debt

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Post by bonjovi501 on Nov 27, 2023 10:53am

CPG Loves Debt

and if we think they are done buying companies you are being fooled. Watch in 2024 probably in late summer they do another big buy. They are addicted to debt. Time for a hard nosed CEO that sticks to his guns and wipes out the debt.

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Comment by liljohnnyjoke on Nov 27, 2023 11:16am

They also like to buy back shares high then issue new shares low to buy the company they overpay for, BTE does the same

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Comment by barneyj44 on Nov 27, 2023 11:19am

They like debt because that way nobody takes us(Cpg) over and they keep there 7 figure salaries...

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Comment by liljohnnyjoke on Nov 27, 2023 12:29pm

and none of them care how much they pay to buy back shares, just that doing so leads to bigger 7 digit year end bonuses, on top of the 7 digit annual salary.

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