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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 > Joe
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Comment by Moemoney42on Mar 23, 2022 4:18pm
190 Views
Post# 34539207

RE:RE:RE:RE:Joe

RE:RE:RE:RE:JoeNo not really.. I'm thinking the price could soften though which will help but not eliminate the losses.. then looking out to 2023.. they might be able to hedge at even higher prices to guarantee even better margins.. its a cr@p shoot to say the least, but I do think they have the ability to stabalize funds flow at reasonable levels without too much risk.. sure they might miss a bit of the peak, but I'm ok with it and I see them able to increase the divi's regardless of the current hedges.. all good in my opinion.. ;-)
BigJoe778 wrote: Moe......are you saying you think the price of a barrel will be under $60-80usd in a quarter or two? This is the ceiling for the various hedges they have in place using collars,swaps and 3 way collars on 46.75kbd for all of 2022. When the price drops below this then and only then do the hedges become an advantage. 


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