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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

Bullboard (TSX:VRN)

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Post by sebastian2on Nov 03, 2024 1:35pm

2025 revision in production driving the price

Basically the impact of revisions on 2024 is minimal ~1%.  What spooked the market is the revision of 2025 guidance from 204K boe/d to a range of 188-196K boe/d.  Now several things stand ...more  
Comment by Anschutzon Nov 03, 2024 1:12pm

RE:RE:CIBC target updates

The pendulum can swing both ways. The dividend will not make up if buying today at $7 and two years from now VRN is trading at $5 or lower. CPG / VRN has a history of decimating retail shareholders. I ...more  
Post by traderfromon Nov 03, 2024 11:31am

Iran

Iranians are sitting ducks they have nothing to protect themselves and do some serious damage to israel so I don't think they will do anything just verbally they can say anything 
Comment by sebastian2on Nov 03, 2024 10:14am

RE:RE:RE:RE:Iran making noise

The current concensus is that given the relatively small number (~12,000) they would be only used to push out the Ukranians out of the Kursk enclave.  This would limit their deployment to " ...more  
Comment by Marty47on Nov 03, 2024 9:32am

RE:RE:RE:Iran making noise

Maybe selling few pounds of uranium , but I'm sure North Korean soldiers must feel going in Ukraine is like going to Disney land , they are fed a bowl of rice a day in they army and many soldiers ...more  
Comment by Red_Deeron Nov 02, 2024 9:55pm

RE:RE:Iran making noise

Hey MARTY__Likely PUTIN Would NOT Be ABLE to PROVIDE Much to IRAN as He IS Already RUNNING OUT of Weapons and Soldiers Fighting the UKRAINIANS HIS is WHY a LARGE Contingent of REINFORCEMENTS Has BEEN ...more  
Comment by sebastian2on Nov 02, 2024 7:49pm

RE:RE:RE:RE:RE:My 2 cents worth

Agree on that.  I would forget all this obsession with China.  India and to lesser extent Afrika (although this can be a surprise in 5-10 years IMO) will drive demand going forward.  ...more  
Comment by sebastian2on Nov 02, 2024 7:43pm

RE:RE:RE:My 2 cents worth

Exactly, totally agree.  In conf call they actually confirmed and RBC I think also metioned iht their revision Friday that reduction is 2K of oil.  That is just over 1% of total so the price ...more  
Post by Davesnothereon Nov 02, 2024 7:42pm

VRN not making a prediction

But, come Monday, this could get a bit crazy. Either the algorithms test for a new low $ ....... OR every investor like me and you sees the opportunity and BOOM! Who knows?
Comment by Zipolitemexicoon Nov 02, 2024 4:17pm

RE:RE:Iran making noise

Agreed. The middle east situation is already complicated and made more so when superpowers get involved. Back to my previous post..at this point any retaliation by Iran would appear to be a mistake ...more  
Comment by Marty47on Nov 02, 2024 3:47pm

RE:Iran making noise

Iran show some muscles because trust me , Putin is behind and keep pumping them and will provide them with weapons and help , more Iran cause trouble to the west and Israel better for Putin for his ...more  
Post by Zipolitemexicoon Nov 02, 2024 2:48pm

Iran making noise

CNN  —  "Iran’s Supreme Leader Ayatollah Ali Khamenei has promised a “teeth-breaking” response to Israel and the United States after Israel targeted Iranian military sites in ...more  
Comment by baranjaon Nov 02, 2024 2:36pm

RE:RE:RE:RE:My 2 cents worth

..yankies have figured out how to get.  Cheap oil... Bingo Franke!! Not too many people understand what is going on with oil, I thought, I was the only one in the world that see it.  I am ...more  
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