Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 NonCredibleSrcon Jun 01, 2022 12:43pm
114 Views
Post# 34723694

RE:RE:Oil Stocks in the red....

RE:RE:Oil Stocks in the red....I think it's wise to bear in mind that tech stocks have been beaten over the last while - between those that are gun shy (or don't have the means to purchase more) and those that are moving in to try to scoop up some (percieved) deals we are going to see a bit of a lag.

I don't think this is windfall tax related.

FYI - even if it were - much would depend upon how that would be written - anyone here with a little accounting experience would know how funds might be moved around to minimize any such impact.  Same of course goes for the UK decision/companies.

Would also be really hard to justify such a windwall tax - banks have been record profits for years without such a thump - and maybe look at other retailers as well (IE Loblaw). Only recently was an additional tax called on Can banks - and it wasn't an earth-shattering move.
<< Previous
Bullboard Posts
Next >>