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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 Oct 26, 2022 9:16am
231 Views
Post# 35049181

very happy with the progress and new well

very happy with the progress and new wellJust a thought , with the political interference in oil pricing next to impossible to trade a net long or short position in oil. if you favor the oil bull case the only rational spot to get exposure is in oil equities especially ones with massive tax pools .  The after tax impact of cash returned as a capital gain or dividend so much more effective. 
i continue to favour this name along with TVE KEI and CVE.  with a short on industrials which are going to face heavy headwinds given the inflationary energy outlook.
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