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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 TheBridgeon Jun 23, 2022 10:59am
240 Views
Post# 34777009

RE:I could see red at this pace...

RE:I could see red at this pace...So at what level of crude prices would CPG reach a breakeven point or start losing money? What would be the level of economic activity or inactivity in North America and the world that would reduce the consumption of crude products to crushing levels and destroy producers such as CPG? I think we're either in or approaching the Chicken Little stage of the sky is falling stage. IMO, hang on to your shares, wait it out and profit significantly, if not others will profit in your stead. Risk, what a wonderful and exciting element in one's life...........but try to have a great day inspite of it!
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