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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

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Post by smallcaptdron Sep 10, 2022 11:51pm
513 Views
Post# 34954844

Europe Trillion$ Energy Derivative Bailout = 2008 Crash

Europe Trillion$ Energy Derivative Bailout = 2008 CrashAll we need is another market crash caused by derivatives. This is a very serious problem in the $Trillion$ you must remember the 2008 market crash and how derivatives melted down. Europe has a very serious problem right now from a shortage of NG to Inflation, rising interest rates, an economy that's contracting, and a war going on. There's a lot of US money in Europe and their problems can easily come to our shores when the Trillion Dollar Derivative market crashes.

Derivatives Time Bomb Definition (investopedia.com)


Europe’s Central Bank Rules Out Liquidity Support For Energy Firms | OilPrice.com
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