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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 > Keep in mind that Oil's forecast call for $95 Oil
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Post by smallcaptdron Nov 17, 2022 12:48pm
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Post# 35107440

Keep in mind that Oil's forecast call for $95 Oil

Keep in mind that Oil's forecast call for $95 OilToday is the day that investors wished would happen, a day to stock up on shares that will definitely climb back toward the 5-month highs reached in Nov. I'm the one who predicted this sell-off was likely and I also predicted that $81 would be today's low so here's your opportunity to buy shares cheaply and its a certainty that Oil will rally back towards $90 starting next week and overseas might be the ones to reverse today's trend having Oil start its recovery tomorrow. As much as I preach that Oil will be lower well today I'm talking about an uptrend reversal for Oil. I'm sure that overseas will come up with some reason to be bullish on Oil after all it's the likes of Saudi Arabia and Russia who want higher Oil so they might be behind the push-up.

Commodity Forecast 2022/2023 (tradingeconomics.com)
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