Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Veren Inc 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

Comment by CashHungryon Dec 06, 2021 9:51pm
143 Views
Post# 34204676

RE:RE:RE:RE:RE:RE:Precipice of an epic rally

RE:RE:RE:RE:RE:RE:Precipice of an epic rallyMy point is if you believe in $90 to $100 oil and that CPG will meet its production and capital guidance and that the market will return to some level of sanity with regards to valuations then it is not outlandish to expect the stock to hover some where between $12 and $15 by the end of next year.

I don't have a crystal ball, so I can not know for sure whether sentiment will improve next year or if higher oil prices will materialize as expected.  But I do no know my forecast is reasonable and based on fundamentals. 

Now I am not a technical trader, but it appears you fancy yourself as one.  However, I do suggest you do a little more homework as it seems the tools you're using are not up to the task.
<< Previous
Bullboard Posts
Next >>