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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 Moemoney42on Mar 23, 2022 12:45pm
145 Views
Post# 34538183

RE:Re: Cpg 2023 hedges

RE:Re: Cpg 2023 hedgesI think 35-40% for 2023 would be enough to ensure good profitability.. these strong energy prices could be around for a while.. especially if we can get out of this covid funk we've been in for 2+years now.. although the minute there's talk of a cease fire in the Ukraine, the knee jerk reaction will be a crude price drop, but the reality of a lack of investment will be the underpinning going forward.. add in the majors pulling out of Russia, there's no way they will go running back in.. too much risk IMHO..? 
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