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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 parachuteon Apr 04, 2014 1:30am
235 Views
Post# 22409647

RE:RE:RE:RE:Stop losses

RE:RE:RE:RE:Stop lossesYes we all like to think that if we have stop losses in place we can get out before the crowd panics and then buy back in when the stock bottoms. But market psychology is so strong that you won't buy in at the bottom, or you'll be fooled by a dead cat bounce or.... I've never had luck with automated stop losses although I endorse the idea of writing down the sell loss of a stock, and sticking to it. I think the best approach is the Warren Buffet Rule: buy strong companies with a history of increasing profits and dividends and then DRIP them. Then you're cost averaging any drops.
Bullboard Posts