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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

Comment by Iluvyellowsnowon Jun 27, 2021 11:13am
204 Views
Post# 33457453

RE:RE:Canadian $

RE:RE:Canadian $Thanks LiquidOctopus And HighAlpha for your responses. It seems that there are many variables that will have an imact on the top and bottom line and the higher Canadian dollar and hedging strategies (I think CPG hedges 40% at $65CAD or maybe that's WCP?) are just two of them.

Big week coming up with Opec+ meeting on July 1. I hope they show some restraint and only increase by 500,000 barrels as reported by some news outlets. If they go for 1 million or more the market will likely punish them.

Been a holder of CPG at $16, WCP $11 and BIR $5. Ouch!  Averaged down this year.
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