Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Montney, Shaunavon and Viewfield Bakken. Its Kaybob Duvernay is situated in the heart of the condensate rich fairway, Central Alberta, which provides low risk drilling inventory. Its Alberta Montney assets sit adjacent to its Kaybob Duvernay lands, possessing similar resource characteristics including pay thickness and permeability in the volatile oil fairway of the reservoir. Its Shaunavon resource play is located in southwest Saskatchewan. The Viewfield Bakken light oil pool is located in Saskatchewan.


TSX:VRN - Post by User

Bullboard Posts
Comment by mtlcasinoon Apr 30, 2011 12:19am
919 Views
Post# 18510910

RE: temporary setback

RE: temporary setbackcpg now down to 42.94./i watch these analysts on bnn..and they alll praise management and prospects..i bought on sept 28 at 36.03..4300 shares..div yield of 7.47 %...if i were a good flexible trader i would have sold out as it hit 47 or 48..but i don t have good trading instincts..the div coming in every month is fine ..though i am not driping with it..am keeping the cash for future opportunities..would not be suprised to see it slip back to 40$ or less..a lot of people piled into it and rode it up..weak holders are probably being pushed out by this sliding price..their hedging is cutting their max profit  potential from high oil price..much the same as what happened to barrick with their previous hedge program..they do have a high rate of holders driping their divs..this reduces their cash requirements..and their shares outstanding has grown a lot..i got into it to protect the value of my dollars as the us dollars is getting flushed down the tube,,also hold a smaller bit of penn west energy..best of luck to you in your investments.
Bullboard Posts