Crescent Point Energy Corp T.CPG

Alternate Symbol(s): CPG

Energy Oil & Gas E&P

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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Crescent Point Energy Corp > Drain the SPR and drain OPEC+

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Comment by Anschutzon Jul 05, 2022 11:38am

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Post# 34802012

RE:Drain the SPR and drain OPEC+

I expect we see a substantial draw with this week's EIA report. Probably why Biden needed CITI to tamp down the price in advance through the political puff piece disguised as analysis.

Anyone see JP Morgan's counter analysis predicting $380 per barrel? Any guess which party JP Morgan sides with?

The true price of oil is somewhere between and likely closer to $120.