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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

Post by smallcaptdron Jan 20, 2023 11:43am
211 Views
Post# 35235637

Oil prices will surge to $100 this year, Goldman Sachs warns

Oil prices will surge to $100 this year, Goldman Sachs warnsNo one like my posts so here drool over this, Goldman is the one bull so they must know more than EIA, and if these are Brent prices we know that WTI is lower. So here BB, pick your belief and runs with it but apparently, I'm not allowed to post truthful stuff if it works against pumpers. Thanks for warning me, Goldman!  Here are other predictions by Goldman, $140 in June 2022 and Aug 2022 $120 they have $100 on the brain, and a half year later $81 Oil



The call from Goldman Sachs stands in stark contrast with the US Energy Information Administration, which recently said Brent will average $75 a barrel this year and $68 in 2023. Citigroup recently predicted a “radical drop” in energy prices that drives Brent to $54 a barrel by the end of 2023.


Oil prices will surge to $100 this year, Goldman Sachs warns | CNN Business

Goldman Sachs predicts $140 oil as gas prices spike near $5 a gallon | CNN Business

https://www.cnbc.com/2022/11/21/goldman-sachs-cuts-oil-forecast-to-100-per-barrel.html

https://seekingalpha.com/news/3877944-oil-prices-likely-to-return-to-120-as-global-energy-crisis-continues-goldman-sachs-jeff-currie
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