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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 TheEgyptianon Mar 14, 2020 3:47pm
195 Views
Post# 30808102

Thesis Behind the stock market

Thesis Behind the stock marketMany people wear a coat called Analyst and they pretend to advise money seekeres and how to become wealthy.
By theory evrything should balance one way or another, but that's not in our existence.
You can put money on any company on the hope of getting dividends and/or seeing your investment grow exponentially, it happens once in a while but most individuals they miss the opportunity to benefit from the low and high.

If you bought CPG at $40 it is hard to make money except you collect the high dividend at the time.
If you bought CPG at $3 and sold at $5 or $6 yo make 70% to %100 profit.
If you bought CPG at $1.21 and sold it at $1.35you make 12% in one day, and if it goes to $2.4 then you double.
CPG at $4 and $5 is possible, when? you never know the future but the idea if you take the risk at a $1 company is different then what you expect from a $1700/share company. The market doesn't need an analyst to tell me that, the market doesn't have a friend, you are your own boss when you invest, so take the risk but try to understand that to go from $1 to $3 is easier then climbing from $1000 to $3000.
China has successfully revovered from the virus and the rest of the world is in the final stage to combat the virus. This is a temporary set back in a world full of uncertainty all the time. Yes the economy and financial market is impacted but that was always the case since the beginning. We are living in ONE COMMON problem or a common WAR so we will defeat the virus and we will look at this time in the future with regret, success, envy, jealousy, etc...
The stock market always roar back, if you don't own an asset so how will you participate in the festival.
Bullboard Posts