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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 Moemoney42on Apr 21, 2021 11:11am
149 Views
Post# 33036964

RE:I think I can, I think I can, I think I can.........

RE:I think I can, I think I can, I think I can.........I'd say the trading lately with oil rising and O&G stocks dropping.. then oil dropping and O&G stocks rising, is telling me the accumulation phase is nearly complete, and we might begin to see a turn around in the overall trend.. I think it was Larry Berman (?) I heard on Monday say, he was over weighting the energy sector.. this is a 180 turn around to his stance lately.. so even if it wasn't him that made that comment, the fact that a funds manager felt it was good value leads me to believe consolidation is near complete, and the big money is going to push energy stocks higher.. now add in the disappointment in companies like Netflix lately, we could again see a sector rotation into energy, as I think part of this down trend was in fact that.. a sector rotation back to the high flyers.. time will tell if my thesis is right..?? 
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