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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 Carbonbullon Jul 13, 2022 10:44am
283 Views
Post# 34820628

inflection point

inflection point Hope that those forced to sell on margin will reload once this downside search turns around , I echo Eric's thoughts that once we establish the downside for oil whether its $90 $80 or $70 does not impact 2022 for CPG, the structural underinvestment will not go away with lower prices it will only increase , so whether this is a month long or six months long is irrelevant. CPG will generate a massive amount of free cash.
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