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

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Post by smallcaptdron Jan 21, 2023 10:42am

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Post# 35237269

This is promising for China's Oil consumption

This out today has experts saying that COVID worst could have peaked with 80% of people already being infected lower the chances of a second wave if this is the case reopening could see demand start to increase sooner and faster as the labor force return to work and transportation increases. I always like reading news that's generated where the interest is for a real look into facts in their words and not reworded by US firms. Straight from the Bangkok mouth. $85 Oil looks very possible with Oil stocks likely to gain 3-5% this week and if the cash that's been sitting on the sidelines waiting for Oil to rally starts funneling its way back into stocks as the rally continues could see a solid spike in SP.

Expert rules out Covid rebound in China (bangkokpost.com)

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