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.

TSX:VRN - Post by User

Veren Inc > CRESCENT POINT CPG $20/SHARE = 2022

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Comment by JohnnyDoeon Apr 21, 2022 6:47pm

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Post# 34622172

RE:RE:RE:RE:CRESCENT POINT CPG $20/SHARE = 2022

BigJoe778 wrote: Moe.....unless I'm reading the graph wrong on page 19 of their April presentation it appears they have exactly 50% of thier barrels(oil) hedged using swaps,collars and 3-way collars for the entire year of 2022. Ya my price was slightly off as the floor appears to be $66 while the ceiling is $88 but outside of slight price differences, thier hedges really don't differ at all throughout 2022. According to the graph they do appear to be significantly better for Q1-23.

right, but with oil above 88, would they not be receiving 88 on that 50% ? Plus market on the other 50%?

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