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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 Fundipon Feb 15, 2018 12:34pm
200 Views
Post# 27565488

RE:2 Weeks

RE:2 WeeksDoesn't matter if the numbers are good. Look at CVE today. Great earnings and the stock opens up 5% and then subsequently tanks 7-8% for a 13% intraday swing.

CPG could make $30 billion in net profit and the stock would still tank.

I simply do not understand what is happening in Canadian oil stocks. I have never seen anything like it.
Bullboard Posts