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

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Post by smallcaptdron Dec 20, 2022 3:08pm

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Post# 35182937

Oil could be trading sideways at $75 average

Oil prices have been bouncing around $75 on average so I'm wondering if it's starting to build support, we traded Oil at $85 on average sept through Nov so this is starting to mirror how those days started but look at Oil today selling off did a 180 rallying to $77 its dropped off since then but tonight we get API Crude numbers which should show a minimal draw is a consensus but how it will affect Oil is hard to predict because we have seen Oil have the draw of over -12Mil and Oil continued to sell off that day and visa versa. We'll see tonight what the numbers are

US API Crude Oil Stock (last weeks)
United States API Crude Oil Stock Change