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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 GasPro2017on Jun 22, 2020 2:52pm
85 Views
Post# 31177712

RE:Baffled!

RE:Baffled!It's the same old BS. These stocks often don't completely correlate with the price of oil....which is frustrating and confusing for investors

Oil often goes up, but they hold the Energy stocks down until people sell in total frustration. Then, BAM, it goes up 15-20% in one day and the previous sellers get s crewed.

I find that CPG is trending up, with higher highs and higher lows. 

So, assumoing oil stays around here, I expect us to easily test $2.92 Cad soon, and probably even break through that.....

So, I won't even consider selling intil it tests the recent high of $2.92.....but like I said, it'll probably test a new high of well over $3

Just my opinion though



Bullboard Posts