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.

TSX:VRN - Post by User

Veren Inc

Bullboard Posts

Comment by ltrabson Oct 01, 2018 3:59pm

141 Views

Post# 28724264

RE:WTI over $75US or $96CDN

Too many who don't understand our hedges as they relate
to future earnings / proffirs concentrate on next month spot crude prices.
We should pay equal attention to strip price over the next few year.

1 year out, Dec. 2019 has risen significantly from roughly
$62 up to the present $72 ... all since Q2 report.
Seing as management insist on heavily selling of future production.
The large increase thru early 2020 costs us a lot, however it is very
possitive in future years ..
While good for investors, not helpful to short term traders.

IMO