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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

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Post by NobleHouseon Jun 22, 2024 1:46pm
109 Views
Post# 36101678

Total Disconnect

Total DisconnectJust like gold producers , Oil producers are not responding to the steady increase in oil prices.This is a bit of a mystery as manipulation by the big hedge funds could not possibly be affecting virtually every oil stock. I put it down to the uncertainty of an up coming election and whether the Dems squeak thru or steal it again or perhaps the diehard greenies and Uni educated and their posts regarding a bright future for Renewables , EVs etc are spooking old time Fossil fuel  supporters that they are somewhat wrong and time to exit.My take , is if you listen to those Eco Freaks like Packer etc then you deserve what you get. Over the top multiples on fads like Tech but no respect at all given to under priced O and G producers , Banks and Utilities. .I remember clearly the Dot com bubble in 2000 and where exactly are Northern Telecom , AOL  and later RIM now , bankrupt or nobodies , even Apple was a loser who survived , just barely.AI is another unproven technology and it's real effect is years away .If they help in our sector , good for us , but right now l will collect good divs , reinvest  to get more as the Liberal take of our immenent demise is one more lie , for their Lemming Groupies.
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