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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 Lash99on Nov 11, 2020 10:53pm
118 Views
Post# 31882739

RE:RE:RE:RE:New to the board

RE:RE:RE:RE:New to the board

Thanks , but do you really care what I paid for this stock. Ok here's more info and please I am just looking for information. 

Some of the moving parts that I know are ;
1)WTI - fluctuation from day to day give you the opportunity to go long or short if the trend is negative , then short it. 2) The exchange , as we convert back to cdn dollars , is this being hedged ? As it also fluctuates. CPG ? I'll ask them. 
3) The dividend is currently pretty low , anyone hearing if this will be increased ? If not now when and what does the company need for this to happen. 
4) With the amount of dollars CPG will have this next quarter is there any talk of buying back shares ?
5) How about any merger talks , I would welcome speculation in this area especially if they are doing a little buying. How about Cardinal , would they be a fit ?
6) How does their hedging program work ?
7) Are insiders buying or selling ?
8) Is local and or federal government offering any Tax incentives ? Now with all the losses we have here , we probably don't care for a while. 
9) What other questions do I need to ask ?
Other factors are ;
the virus - how soon before their is a legitimate rollout of the vaccine?
Do you guys think there will be some tax loss selling in the short term ? The opportunity here is to make a quick buck on the short and then go long for the first 2 quarters in 2021 . Anybody agree or disagree ? I want to build a core group of people on this board to share information like this so we can make money. I want to know who you people are and I will share everything I know and if I don't I will research it. Again , I am long currently because I think this is a good company. I do not have a problem shorting this stock given the opportunity. Thanks for your help. Let's share some info and make some strategic decisions. Lash

Bullboard Posts