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

Comment by oilyexecon Mar 09, 2018 1:28pm

134 Views

Post# 27692583

RE:RE:RE:Why does drop in oil price devestate share price immediately

Flavor of the month. BTE was good until it fell faster than CPG. Remember when BTE was trading in the 50s a few years back? Checked out the Beta lately?

All day to day noise. I do recall buying and selling CPG at $45. Then when it hit $20, everyone thought it was a screaming deal - including many CEOs of junior oilcos. So, now we are in the $8 range and everyone is punchy. Buy and hold for a year and clip the coupon in the meantime.

Or look at GXO and ride a cash cow for big gains.

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