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Veren Inc T.VRN

Alternate Symbol(s):  VRN

Energy Oil & Gas E&P
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

Veren Inc
Bullboard Posts
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(4)
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Comment by check737on Oct 31, 2014 3:43pm
260 Views
Post# 23083339

RE:RE:RE:RE:RE:RE:RE:RE:Question

RE:RE:RE:RE:RE:RE:RE:RE:Question
itsalie wrote: so when do you sell ? you wait 10 years.. then just sell? there is nothing wrong with taking some profit .. how many dumped at 48.. probably not many.. how many wish they had.. probably everyone.. 


I guess you missed the point, it is not to wait 10 years and sell.
You may sell if you like another company better, you may sell because something has changed such as oil going down, you may sell because you need money but don't sell good companies when they are down.
That is a receipt to lose money.
Those who held on during the 2008-09 era are very well off today, however many sold at the bottom and never got back in.
Also over a longer term dividend paying stocks out perform the broader markets and pay while you wait.
JMHO

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities