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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 bumblebee99on May 22, 2018 3:39pm
122 Views
Post# 28065217

So hard to get a gain, so easy to lose it

So hard to get a gain, so easy to lose itCPG struggles to go up a penny at a time when oil is flying high. Yet when oil ticks down a little bit, CPG immediately crashes.

This is what happens when you're so out of favor. Right now, only bargain hunters are risking any capital to buy the stock and they're hoping for management to get the boot. Nobody else is buying CPG, volumes have dried up.

If we got news that Saxberg was kicked out, CPG would shoot up immediately, even if OPEC announced that their deal was off.

CPG is selling with a HUGE management discount.
Bullboard Posts