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Veren Inc T.VRN

Alternate Symbol(s):  VRN

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

Comment by LiquidOctopusV2on Mar 07, 2022 11:51am
194 Views
Post# 34490836

RE:Gap up vs gap down

RE:Gap up vs gap downGap down would assume this is overpriced, which is not supported by evidence or analysis at all.  We're still underpriced but it's still ticking up very quickly. 

Rocket101 wrote:

Some calling for a gap up level of 12.00 which I can't see unless the war expands then yes absolutely. A gap down I see even more possible and quicker with a truce and stop to shelling. Sanctions who cares. 6% of world output who cares ! Plus that oil probably end up in China. Energy investments have done extremely well if 2-3 yrs ago you didn't believe in never seeing 100.00 oil. So for what it's worth my gut felling is for big time correction at some point not in the to distant future. Think what you wish but parabolic price SPIKES can benefit you either way on the trading fence. 

jmho



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