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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 > For all those complaining about energy stocks going down
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Comment by Moemoney42on Feb 18, 2022 1:43pm
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Post# 34442656

RE:For all those complaining about energy stocks going down

RE:For all those complaining about energy stocks going down
Chad123 wrote: This is your chance to buy stocks on the cheap.
There are $2.2 trillion in options that are expiring today.....

I agree.. and my take is this is what's happening today.. the big money has the ability to short and distort, trigger stop losses and pick up shares on the cheap.. us retail folks are only along for the ride.. don't forget.. most, if not all big money players, have increased their price targets on most O&G equities.. what a better way to build a position then to sell it short first, then cover.. cashing in both ways.. welcome to the markets.. LOL.. so what do you do.. follow their lead and as Chad mentioned "buy".. MHO
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