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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 > someone is finally buying
View:
Post by Bpultra on Jun 21, 2021 1:40pm

someone is finally buying

could they have started the NCIB or short covering?
Comment by highalpha1 on Jun 21, 2021 2:15pm
@Bpultra: I don't think it is either a NCIB or short covering. The volumes on both the TSX and the NYSE are thin (less than their trailing averages). I think it is because current shareholders aren't selling. When the shorts begin to cover, it will be fun.
Comment by Backinblack1000 on Jun 21, 2021 2:38pm
This post has been removed in accordance with Community Policy
Comment by Bpultra on Jun 21, 2021 3:56pm
Canadian Dollar vs U.S. Dollar – impact on investment strategy A relatively unnoticed development during the current equity bull market, which began on March 23, 2020, is the strength of the Canadian dollar, which has risen from 69 cents to 80 cents (16 per cent) against the U.S. dollar. Since March 2020, the U.S. dollar has weakened against all major world currencies as foreigners have become ...more  
Comment by Frescoz on Jun 21, 2021 3:57pm
is oil prices high enough to make profitable now?
Comment by Bpultra on Jun 21, 2021 4:07pm
===== short answer yes
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