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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

Post by Moemoney42on May 15, 2024 9:22am
226 Views
Post# 36040792

It appears

It appearsthe IEA is back to fear mongering.. so the growth has slowed only.. but its still growth.. they can't even get the weekly figures right.. what makes them think they can forcast growth with any accuracy.. what a joke..!! 

"Crude oil futures edged lower Wednesday as the International Energy sees global demand growing less than originally forecast this year.

World oil demand is forecast to grow by 1.1 million barrels per day this year, down 140,000 bpd from last month’s projection as demand in developed economies softened in the first quarter, according to an IEA report.

U.S. oil and Brent are down 5.4% and 6.86%, respectively, for the month."

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