Veren Inc T.CPG

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

Energy Oil & Gas E&P

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.

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Veren Inc > Next gap up 12 bucks !! 💰 💴

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Comment by Anschutzon Mar 07, 2022 11:42am

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Post# 34490783

RE:RE:RE:Next gap up 12 bucks !! 💰 💴

Dividends is why CCCPG was trading where it was 2014 and earlier. Increasing the dividend will take the stock back up and higher.

Some previously die hard tech/green investors I know quietly started moving money out of tech and into energy around Christmas. The same investors that would pooh pooh the idea of investing in energy just 6 months ago. I think we see the share price accelerate higher from here as more investors and firms realize there is more risk owning tech, green and financial companies here. Watching the crush on European banks, it's only a matter of time before US and Canadian banks are impacted.

Moemoney42 wrote: Last time we saw this level of crude pricing was early 2008.. look at CPG's share price ten years ago.. do you think we have room to move higher..?? ;-) ;-)