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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

Bullboard Posts
Comment by bullcharton Aug 24, 2015 8:04am
199 Views
Post# 24044869

RE:RE:RE:WTI 39.50

RE:RE:RE:WTI 39.50Certainly feels like an oversold area but when I look at this drop from jun 2014 high almost back to the 2003 IPO of $11.15 day low, we have new moves never seen before. All of these have the potential to move into their 13 yr low as CPG has or is about to. SU is holding up so far but could get a 50% haircut anytime. I am using HOD as a hedge and that will spike to 35-40 dollars if crude does what most think it will. OPEC's uptrend shows even a possibility of 15.00 oil again. Armstrong has also mentioned that number . I think there will be shorting into rallies over the next couple years. 
Bullboard Posts