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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 > Oil prices will head back toward $100 JPMorgan says so!
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Post by smallcaptdron Sep 25, 2022 10:53pm
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Post# 34985603

Oil prices will head back toward $100 JPMorgan says so!

Oil prices will head back toward $100 JPMorgan says so!Here we go, this is all that was holding the market back from having $100 Oil was waiting for JPMorgan to say so! Loadup!! Eventually, something will cause Oil to rise but it'll have to happen before the economy is in a full-blown recession, and if it does go back to $100 just remember that it will head back down at some point when the global economy is in a full-blown recession and this is a guarantee so always have an exit plan in place when you're into the profit. We should see some type of Oil price recovery this week at least back into the $80+ Right now DOW Futures are only down 83pts and Oil is flat at $78 so we'll know by 9am what we'll be dealing with Monday.

Oil Price Outlook: Brent Crude Will Retest $100 Amid Supply Squeeze (businessinsider.com)
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