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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

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Post by Marty57on Feb 18, 2021 10:06am
138 Views
Post# 32594733

Hang on to those shares for a while longer

Hang on to those shares for a while longer
The news yesterday was very welcome and stock price has responded.   But I think more good news is coming down the pipe that will further lift the share price, so may be best to hang onto your traders for a while yet.  Next weeks report on Q4 20 may be pretty positive and they might have some very good announcements (dividend?) for shareholders on top of the purchase from Shell. Also, the crude draw to be reported by the EIA next week looks like it could be epically big. Short sellers are getting burned bad and must be forced to buy, putting further upward pressure on share price. All this while oil prices just continue to move up.  Lots of tail winds for CPG!... finally.  Good luck to all longs!
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