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 > We are clearly in an oil bull market

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Comment by EstevanOutsideron May 08, 2022 12:28am

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RE:RE:We are clearly in an oil bull market

Adam Johnson is an idiot. Economic cycles don't go from tech to oil and back to tech. Energy leading is the end of a cycle and start of a bear market for tech. Adam Johnson was selling his oil stocks for the past two months to buy tech. Clutz.

Moemoney42 wrote: Just on BNN.. Adam Johnson, an equity trader in the US stated he's selling some of his profitable O&G stocks to buy beat down tech stocks.. this tip of the hand could be why we see oil stong but O&G stocks still selling off? That and as I mentioned before, possibly the need to cover margin calls could be another reason for the weakness recently in O&G stocks..?

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