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 > Vinnie

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Comment by Vinnie3on Dec 06, 2022 8:20pm

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Post# 35154940

RE:Vinnie

I never tried that but I will with small amounts. I like your idea.

Here is one I tried a few times. Take the biggest 20 oil stock on the TSX, check target prices in research of Yahoo Canada TD andScotia. Buy the 3 top best stocks for a big move upward movement. ie target is 74% upwards

Then take the 3 worst ones and short them for an overall equivalent amount , they would have for example 1-2% upward movement or even negative predicted movements. Ususally the really bad ones you cannot short so the trading houses look at this.

I lost everytime doing this, not daily but after a month or so because of surprises and weird movements

Thar was mind boggling.If we could just figure out the algos.

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