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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Veren Inc > Ninepoint Sold Out

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Comment by Bpultraon Nov 03, 2021 9:57am

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Post# 34081598

RE:RE:Ninepoint Sold Out

LiquidOctopusV2 wrote: How do you know what Ninepoint is holding? Could you provide a source?
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https://www.gurufocus.com/news/1560495/ninepoint-partners-lp-buys-suncor-energy-inc-pioneer-natural-resources-co-enerplus-corp-sells-crescent-point-energy-corp-diamondback-energy-inc-marathon-oil-corp
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UnderTheRadar wrote: I'm seeing a 100% sold out position on CPG as of today.

Haven't checked any other energy holdings in their Top 10 but looks like some portfolio turfing.
They have various energy funds so it's also possible that this is specific to one fund.
On last check, from August 31, Ninepoint held 11 million shares in their series F fund.

I had recently been speculating as to whether some funds will begin capturing profits and
rearranging portfolios during tax loss season throughout Dec...

I'm going to look around and see if I find any other significant eliminations w/other companies....I still hold some CPG but I've only been trading energy and moving more into metals on dips.