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Bullboard - Stock Discussion Forum Veren Inc T.VRN

Alternate Symbol(s):  VRN

Veren Inc. is a Canada-based oil producer with assets in central Alberta and southeast and southwest Saskatchewan. The principal activities of the Company are acquiring, developing and holding interests in petroleum and natural gas properties and assets related thereto through a general partnership and wholly owned subsidiaries. Its core operational areas include Kaybob Duvernay and Alberta... see more

TSX:VRN - Post Discussion

Veren Inc > Whence VRN
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Post by fishcarrier on Jul 05, 2024 2:26pm

Whence VRN

Someone thinks this stock is not for them. It is good as gold for me. My Investors Edge has 2 strong buys, 11 buys, 1 hold, 0 sell. It has 1 up revision in the last 4 weeks. And I think we should be in for a very pleasant surprise when they report Q2 this month. Last Q they reported a loss of 47 cents, primarily because that Saskatchewan holding was listed for sale, and so a write-off. That should re-enter this quarter. Then, they are expected to earn .468/share. Put the two together along with a little more upside, and they declare $1 per share. That should be a lovely catalyst. 

Thought this might add a little smile on a gloomy trading day! GLTA.
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