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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

Comment by riskion Apr 20, 2021 5:56pm
183 Views
Post# 33033871

RE:Today WCP took it on the chin more than CPG

RE:Today WCP took it on the chin more than CPGExactly.  All the delusional investors say "insiders sell for lots of reasons", but that ignores the magnitude of that sell and the timing.  He literally owned the performance shares for mere minutes and sold them as fast as he was gifted them.  He now has none - that he can sell anyway.  60,000 gifted shares.  Every single one sold.  Why not leave a few on the table?

He suddenly needs a few hundred thousand dollars or he sees more short/medium term downside than upside from here?

You decide.  
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