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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 drunk@noonon Oct 20, 2023 10:58am
102 Views
Post# 35692958

exactly the way it happened after oil''s first move over $90

exactly the way it happened after oil''s first move over $90a few weeks ago. XOP was weak for 3 days of great news and a flying oil price. It made no sense. Why was XOP weak. And it dumped almost 10 bucks to 82 in txte next 3 trading days. Be very scared.
I am long, but not over extended. Big money smacks this segment around and they control the narrative and can somehow move the price with hudge selling as of course the paper market is 50 times the physical.
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