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Bullboard - Stock Discussion Forum 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... see more

TSX:VRN - Post Discussion

Veren Inc > Do you feel bad about cpg potential $700 million hedge loss?
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Post by soundandfury on Apr 04, 2022 11:52am

Do you feel bad about cpg potential $700 million hedge loss?

In 2022? Your not alone.........imagine how cpg management and board feels........its no coincidence that craig b is so quiet last few months......imo
Comment by JamesT on Apr 04, 2022 3:24pm
Its not like they will get paid any less in salaries so I doubt they care that much
Comment by JohnnyDoe on Apr 04, 2022 4:25pm
ultimately it is an accounting entry, not a loss.
Comment by BigJoe778 on Apr 04, 2022 8:34pm
Try telling that to the market JohnnyDoe. Bad hedges have been plaguing this company for quite a few years now. It's a shame it continues at $100 oil. 
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