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Veren Inc T.CPG


Primary Symbol: T.VRN Alternate Symbol(s):  VRN

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.


TSX:VRN - Post by User

Bullboard Posts
Post by Vinnie3on Aug 02, 2017 12:09am
291 Views
Post# 26536619

Algos rule, I know them

Algos rule, I know them the algos on this stock are programmed to follow the percentage of lower oil price and share price
so its down for sure again until $4 even and lower within days . No matter what the SP is the algos go down when oil goes down, The programming also looks at oil going up and there the algos buy at approx. 46% of the average share price increase in best competitors like su, minute by minute - sucor goes up 10% cpg will go up 4-5%.Results are not factored in.It is only factored after one quarter of positive PE.

This stock must be sold the minute another credit agency gives a bad rating, then the algos double the figures I just talked about and it goes down faster. Good news is lo longer factored in because the PE is negative, the stock couold be a penny stock s in months
 



Bullboard Posts