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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 LiquidOctopusV2on Jul 21, 2021 1:45pm
143 Views
Post# 33582031

oil is back over $70

oil is back over $70And CPG is amazing at $60/WTI.  The market is backwards on oil companies right now.  Most are in such a good cash position that a downward turn in the price of WTI/b shouldn't put any downwards pressure on the stock price.  

I guess you call these sellers weak hands, nervous and distrustful of the post-COVID recovery.  Too bad I burnt literally all of my spare cash buying more CPG in the low $5s.  
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