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Veren Inc T.VRN

Alternate Symbol(s):  VRN

Energy Oil & Gas E&P
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

Veren Inc > Whiplash
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•••
Comment by Moemoney42on May 19, 2021 11:21am
99 Views
Post# 33229946

RE:Whiplash

RE:Whiplash
UnderTheRadar wrote: $62.10 is next support...from there, sellers could take this down to $60.94 if they decide to get
ugly...this could be a two day correction if bulls don't step up.

Yeah it could go either way Radar.. tough call at this point.. I'd say the news of Iran oil is a paper tiger that the traders are taking advantage of.. oil has been moving out of Iran all along.. maybe not to the full amount they would like but those tankers that went dark and all the sudden appear in China aren't carrying tequila.. LOL.. although the media doesn't want to expose that too often.. LOL..
But I suppose a person could have bought those "skyrocketing" pipeline stocks lately to make themselves feel better..  LMAO.. 

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