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.

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Comment by Moemoney42on Oct 05, 2021 11:06am

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Post# 33966881

RE:RE:RE:RE:this is

With Crude up 2% today I would have thought a bit more upward pressure would be on hand, but a few more new shorts could have piled on.?? The day isn't over of course.. but if we can break that double top at $6.39 with any gusto, its looking quite possible very little resistance is encountered until ~$8.20... and I agree a bump up in the divi early next year will most certainly take us there with the new shorts having to cover again.. ;-)

Chad123 wrote:

Moemoney42 wrote: I do think we'll see $10 next year though.. ;-)

Chad123 wrote:

shenty46 wrote: this is the most undervalued stock in oil and gas market, expecting it to trade near 15 dollars in 6 months time frame

If it was going to be $15 in 6 months do you not think it would be higher than it is now???
Can't even get over $6.50 let alone $7.
Sheesh

Better get at least there. If oil holds in the seventies or eighties, there is no reason for this to double in a year. Gonna have to have another increase in the dividend, maybe change it to monthly @ $0.03 and that should give it a nice pop and a good rally for institutions to buy into it.
Nice to see all these money managers like Burrows and Baskin who swore up and down that they never invest in energy stocks for various reasons but now own oil and gas stocks.....
Shysters they truly are.....