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 > Market Shakedown

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Comment by Moemoney42on Nov 03, 2021 9:54am

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Post# 34081581

RE:Market Shakedown

I'm actually suprised the sector isn't selling off that bad IMHO.. considering WTI is down below $82 and over $2 bucks.. maybe schoolin has been working late at night telling the traders its "bullish" LOL...

UnderTheRadar wrote: Looks like commodities are taking a beating this morning: other than copper. Gold getting smashed.

$82.10 support on WTI broke so $80.58 is next minor support level. I'm waiting for the first
hour after EIA to determine if there's a possible position to add later or just wait it out as this
could be a new downturn trend.

Portfolios might be lookin' ugly for awhile...