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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.


TSX:VRN - Post by User

Veren Inc > Oil at $86
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Post by smallcaptdron Oct 19, 2022 2:06pm
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Post# 35034224

Oil at $86

Oil at $86Trying to find any news article that Oil will be bullish in the coming weeks or month isn't turning up anything except for the Oil forecast from Trading Economics which puts Oil at $89 for this quarter which still has 2 1/2 months to go and doesn't seem very bullish when we are sitting at $86 so I'm wondering if we'll see Oil trading down around $82 or lower again on bad economic data which is being released every other day and maybe $86 Oil is the high to expect from OPEC cuts, I'm having a hard time seeing Oil in the upper $90+ right now with all the headwinds and just 24hrs ago Oil was trading at a low of $81 so are we to believe that the economy turned bullish for higher Oil overnight? and we are always one bad data read away from lower $80+ Oil. It's a race to see if Oil can climb up to $90+ before the economy deteriorates pushing Oil back toward $75  Down $3 one day and up $3 the next makes little sense. 

U.S. Offical: OPEC+ Cut Came At “The Worst Possible Moment” | OilPrice.com

Commodity Forecast 2022/2023 (tradingeconomics.com)
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