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.

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Veren Inc

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Comment by ltrabson Sep 06, 2018 6:29pm

104 Views

Post# 28575737

RE:Re: re: realized loss on dirivatives ( 5.31 per barrel sold

Yes, simple arithimatic .. so it seems : ))
Obviously there is a lot about their hedging policy you
don't understand. There is much more than meets the eye.

Look at the Q2 financials, cpg-q2-2018-mda_fs-min.pdf
1/2 way thru the document, the second page 2, the income statement.
The (322.2) million (hedges) loss is a fact.

Be assured, a smaller number is only part of the story.

soundandfury wrote: That equals about 800,000 dollars a day .......90 days in the quarter ......about 87 million loss in q2......you get your facts straight.....lol

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