Veren Inc 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 > New Narrative

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Comment by Anschutzon Jul 06, 2021 3:03pm

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Post# 33500002

RE:RE:RE:RE:New Narrative

Absolutely true. OPEC chairmin Barkindo said as much when he commented on why there was no meeting on Monday... "Why bother meeting when you don't know how the meeting will end".

Chad123 wrote:
Well as they say this is when it takes balls of steel to buy. I did buy more CPG although I know I do not have balls of steel. In fact they feel like they have been squeezed very hard right now and I'm kind of talking funny.LOL
I do think this is some kind of ploy to make it look like something but output is something else. I think OPEC+ wants $80-$85 for at least the summer, then bring it back to the mid seventies. Kinda like a tease for shale to test the waters and see when they wanna bite.
You can trust no one in this game OPEC or N-OPEC, but remember one thing. These folks do talk in the background all the time and when they meet it is just for show. Riyadh is a funny place with some funny hotels with some funny stuff going on.