Company Veren Inc.

Equities

VRN

CA92340V1076

Oil & Gas Exploration and Production

Market Closed - Toronto S.E. 21:00:00 31/05/2024 BST 5-day change 1st Jan Change
11.86 CAD +1.80% Intraday chart for Veren Inc. +3.13% +29.05%

Business Summary

Veren Inc., formerly Crescent Point Energy Corp., is a Canada-based oil and gas exploration company. The Company is engaged in the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its crude oil and natural gas properties and related assets are located in the provinces of Saskatchewan, Alberta and the United States. Its operating areas include Viewfield area of southeastern Saskatchewan; Shaunavon resource play, which is located in southwest Saskatchewan; Flat Lake play, which is a multi-zone resource play located in southeast Saskatchewan; Kaybob Duvernay play, which is situated in the heart of the condensate rich fairway, Central Alberta, and Montney assets in Alberta. Its wholly owned subsidiaries include Crescent Point Resources Partnership, Crescent Point Holdings Ltd. and Crescent Point U.S. Holdings Corp.

Number of employees: 777

Sales per Business

CAD in Million2022Weight2023Weight Delta
Crude Oil and Condensate
96.6 %
3,872 86.2 % 3,083 96.6 % -20.40%
Royalties
-11.8 %
- - -375 -11.8 % -
Natural Gas
7.4 %
341 7.6 % 236 7.4 % -30.64%
Natural Gas Liquids
5.6 %
280 6.2 % 180 5.6 % -35.64%
Purchased Product
2.1 %
- - 66 2.1 % -

Sales per region

CAD in Million2022Weight2023Weight Delta
Canada
100.0 %
3,847 85.6 % 3,190 100.0 % -17.08%

Managers

Managers TitleAgeSince
Chief Executive Officer - 31/12/05
Director of Finance/CFO - 30/04/05
Chief Tech/Sci/R&D Officer - -
Chief Operating Officer - 31/12/05
Investor Relations Contact - 30/06/17
Public Communications Contact - 31/12/13
Corporate Officer/Principal - 31/12/14
Corporate Officer/Principal - 31/12/06
Corporate Officer/Principal - 31/12/08
Corporate Officer/Principal - 31/12/18

Members of the board

Members of the board TitleAgeSince
Director/Board Member 65 13/06/19
Director/Board Member 71 06/03/19
Director/Board Member 61 29/07/20
Director/Board Member - 13/06/19
Director/Board Member - 03/05/18
Chairman 60 07/03/16
Director/Board Member 62 08/11/16
Chief Executive Officer - 31/12/05
Director/Board Member - 18/05/22

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 618,028,853 614,254,701 ( 99.39 %) 0 99.39 %

Shareholders

NameEquities%Valuation
Riverstone Investment Group LLC
6.565 %
40,697,224 6.565 % 366 M $
Fiduciary Trust Company International
4.460 %
27,648,944 4.460 % 249 M $
Vanguard Fiduciary Trust Co.
3.686 %
22,849,456 3.686 % 206 M $
Arrowstreet Capital LP
3.076 %
19,069,912 3.076 % 172 M $
Ninepoint Partners LP
3.065 %
19,000,000 3.065 % 171 M $
CIBC Asset Management, Inc.
2.199 %
13,632,432 2.199 % 123 M $
BMO Bank NA (Investment Management)
1.975 %
12,244,831 1.975 % 110 M $
GMT Capital Corp.
1.705 %
10,572,056 1.705 % 95 M $
Dimensional Fund Advisors LP
1.582 %
9,807,908 1.582 % 88 M $
Encompass Capital Advisors LLC
0.9672 %
5,996,094 0.9672 % 54 M $

Company contact information

Crescent Point Energy Corp.

585-8th Avenue SW Suite 2000

T2P 1G1, Calgary

+403 693 0020

http://www.crescentpointenergy.com
address Veren Inc.(VRN)

Group companies

NameCategory and Sector
Crescent Point Resources Partnership