Veren Inc. (formerly Crescent Point Energy) reported a Q2 profit increase to $261M, with oil and gas sales reaching $1.14B.
Veren Inc., formerly Crescent Point Energy, reported a Q2 profit increase to $261M from $212.3M a year ago, with oil and gas sales reaching $1.14B. The company's net earnings from operations amounted to 38 cents per share, unchanged from the same quarter in 2023. President and CEO Craig Bryksa attributed the growth to "additional efficiencies and strong results in Alberta Montney and Kaybob Duvernay assets."
July 25, 2024
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