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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
Post by Indicatoron May 03, 2018 9:52pm
225 Views
Post# 27980465

Re "Is the Bloodshed over?" NO!

Re "Is the Bloodshed over?" NO!I will be SHOCKED if buyers come back to suport CPG tomorrow.

~ It's FRIDAY and traders exit positions before the weekend
~ Chart shows everything rolling over hard today with lots more to fall
~ Miserable earnings bombshell
~ Current management has lingering BAD rep with investors
~ Proxy vote done ahead of lousy earnings announcement speaks volumes
~ Seasonal Energy investors pull out of market first week of May!

$8.25 lower channel re-test likely in the cards here, unless current Board has VERY BIG mm's in right pocket over the coming weeks.

Bullboard Posts