Crescent Point Energy Trust
About
Veren is a leading organization that has undergone a significant transformation in recent years. Through a strategic overhaul, a renewed focus on high-quality assets, and a strong commitment to its purpose, Veren has emerged as a dynamic and forward-thinking company. Our new identity reflects our current standing and our vision for the future. Our brand is built on a foundation of excellence and innovation.
We strive to deliver value to our stakeholders while maintaining a strong focus on sustainability and responsibility. From our executive team to our board of directors, every member of the Veren family is dedicated to driving the organization towards success. In terms of operations, Veren's footprint extends across western Canada, with key assets located in central Alberta and southeast and southwest Saskatchewan.
Our portfolio includes high-netback assets that are rich in liquids, providing us with a competitive advantage in the market. With a focus on operational excellence and efficiency, Veren is well-positioned for continued growth and success. Our commitment to environmental, social, and governance (ESG) principles is paramount to our organizational ethos. We prioritize sustainability, community engagement, and ethical business practices in everything we do.
Through transparent reporting and robust governance structures, we aim to create long-term value for all stakeholders. For investors seeking opportunities with Veren, we provide comprehensive information on our financial performance, investor relations, and strategic direction. Our regular updates, news releases, and presentations offer valuable insights into our operations and growth trajectory.
We invite you to explore the possibilities of investing with Veren and being part of our success story. At Veren, we believe that our people are our greatest asset. Our culture is defined by collaboration, innovation, and a relentless drive for excellence. We offer exciting career opportunities for individuals who are passionate about making a difference and driving positive change in the energy sector. Join us on our journey towards a sustainable and successful future.
For more information about Veren, our operations, or career opportunities, please feel free to contact us. We are here to answer any questions you may have and provide you with the information you need to engage with our organization. Thank you for your interest in Veren - we look forward to connecting with you.
Growth
Veren is in a growth stage characterized by a transformative phase in its organizational structure and business strategy. The company has implemented a new portfolio of top-tier assets and a renewed commitment to its purpose statement. This strategic shift indicates a move towards future growth and development, positioning the company for expansion and increased market competitiveness.
Achievements
Veren has achieved significant milestones in its history, including the release of Q3 2024 results with excess cash flow of $114 million, returning $290 million to shareholders year-to-date, and continued net debt reduction with expected year-end net debt of $1.3 billion. The company's 2024 guidance update and 2025 budget release further signify its growth trajectory and financial stability. Additionally, the 2024 Investor Day focused on corporate strategy, operational results, and long-term development plans, showcasing Veren's commitment to shareholder value and transparency.
Socials
Founded
-
Operating Status
Active
Industry
Oil & Gas Exploration & Production
headquarters
Address
Country
Canada
Employees
20
Key People
Revenue
275.2 M
Operating Income
Stock Price
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Scale your team as business needs evolve, from initial project setup to long-term support.
4. Accelerated Timelines:
Leverage 24/7 global teams to reduce project delays and speed up implementation.
5. Continuous Support:
Ensure uninterrupted business performance with ongoing maintenance and updates.
Unlock Business Success with a VDC By establishing a VDC, your company can overcome operational challenges, achieve seamless system integration, and maximize ROI. Stay ahead in today’s dynamic market with a future-ready business strategy powered by a Virtual Delivery Center. Learn More About Us
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Crescent Point Energy Trust
-
Website
-
Founded
-
-
Industry
Oil & Gas Exploration & Production
-
Country
Canada
-
Number of employees
20+
-
Revenue
275.2 M
About Crescent Point Energy Trust
Veren is a leading organization that has undergone a significant transformation in recent years. Through a strategic overhaul, a renewed focus on high-quality assets, and a strong commitment to its purpose, Veren has emerged as a dynamic and forward-thinking company. Our new identity reflects our current standing and our vision for the future. Our brand is built on a foundation of excellence and innovation.
We strive to deliver value to our stakeholders while maintaining a strong focus on sustainability and responsibility. From our executive team to our board of directors, every member of the Veren family is dedicated to driving the organization towards success. In terms of operations, Veren's footprint extends across western Canada, with key assets located in central Alberta and southeast and southwest Saskatchewan.
Our portfolio includes high-netback assets that are rich in liquids, providing us with a competitive advantage in the market. With a focus on operational excellence and efficiency, Veren is well-positioned for continued growth and success. Our commitment to environmental, social, and governance (ESG) principles is paramount to our organizational ethos. We prioritize sustainability, community engagement, and ethical business practices in everything we do.
Through transparent reporting and robust governance structures, we aim to create long-term value for all stakeholders. For investors seeking opportunities with Veren, we provide comprehensive information on our financial performance, investor relations, and strategic direction. Our regular updates, news releases, and presentations offer valuable insights into our operations and growth trajectory.
We invite you to explore the possibilities of investing with Veren and being part of our success story. At Veren, we believe that our people are our greatest asset. Our culture is defined by collaboration, innovation, and a relentless drive for excellence. We offer exciting career opportunities for individuals who are passionate about making a difference and driving positive change in the energy sector. Join us on our journey towards a sustainable and successful future.
For more information about Veren, our operations, or career opportunities, please feel free to contact us. We are here to answer any questions you may have and provide you with the information you need to engage with our organization. Thank you for your interest in Veren - we look forward to connecting with you.
Why Setting Up a Virtual Delivery Center (VDC) Is Critical for Your Company’s Success
Achieving business success in today’s competitive landscape requires specialized expertise, seamless operations, and continuous innovation. Establishing a Virtual Delivery Center (VDC) can transform your company’s growth journey by ensuring efficiency, scalability, and long-term value.
Why Choose a VDC for Your Company?
1. Cost Optimization:
Save up to 70% on operational costs by leveraging remote teams and streamlined processes.
2. Expert Access:
Gain instant access to highly skilled professionals, ensuring faster and smoother project execution.
3. Scalable Teams:
Scale your team as business needs evolve, from initial project setup to long-term support.
4. Accelerated Timelines:
Leverage 24/7 global teams to reduce project delays and speed up implementation.
5. Continuous Support:
Ensure uninterrupted business performance with ongoing maintenance and updates.
Unlock Business Success with a VDC By establishing a VDC, your company can overcome operational challenges, achieve seamless system integration, and maximize ROI. Stay ahead in today’s dynamic market with a future-ready business strategy powered by a Virtual Delivery Center. Learn More About Us
Book A Meeting To Setup Your VDC
