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 > Reading between the lines

<< Previous

Bullboard Posts

Next >>

Comment by Moemoney42on Nov 07, 2021 7:05pm

157 Views

Post# 34098003

RE:RE:RE:RE:RE:RE:RE:Reading between the lines

I still think the Shell share sale has been the overhanging drag on the shareprice for a long time.. you don't unload 50 million shares without stalling an upward trend IMHO.. once they've unloaded completely (and BP posted he doesn't see them listed on the funds list anymore) they could have infact unloaded the last 20 millions shares, and we can now expect the shares to trade without influence.. I'm willing to wait it out.. don't need the money for steaks and beers, so let er ride IMHO, and buy caviar and champagne later... ;-)

jleer42 wrote: According to Morningstar Ninepoints owns 1.89% (11M shares), not sure how current that is. I belive your point about trashing would have a larger impact than the amount of shares. Like it or hate it he has a much larger soapbox than the rest of us.

LiquidOctopusV2 wrote: It might depend on how much of the company he owns. How much of a freefall in the share price he can cause if puts his for sale. If he starts actually trashing them on BNN. Companies that "get it" will win. Those that don't will lose.

I think CPG gets it but is patient.