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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
Post by Speedybeedyon Apr 22, 2018 11:27pm
271 Views
Post# 27924476

wake up call

wake up callI hope noone on here invested in the market because they believed in a company, there earnings, there forward outlook and potential.
Reality is the stock market is all smoke and mirrors, it doenst matter what stock you are playing, the markets have played with companies that make billions, Apple, Amazon, Caterpillar, and on and on and it will continue this way until all of us on here are long gone.
Warren buffet said it in his documentry, there is 2 rules to investing, 1, never loose money, 2 dont ever foget rule number 1, 
All stocks wether the comany is doing well or not are going to get manipulated and unrealistic money is going to flow in and out of the stock moving it to places noone has answers for.
The trick is, If your going to put your money on the table then you better be able to leave it there long enough for it to make you money, it may go down but it will always come back, if your lucky enough to be on the right side of the trade early then good for you, but if you get caught as many have here then you just have to be able to hang on long enough to get your money back, 

The only real valuation of any company on the market is when another comany makes a bid for it and places a number on it, other than that the SP will never directly reflect anything to do with a company, its where the market wants it at that time, which has nothing to do with the actual value of the company.

You need to have the patience to be able to hang on for years if need be, and be patient, those are the only people that will ever be successful in the stock market.
Bullboard Posts