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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

Comment by Moemoney42on Mar 27, 2023 12:33pm
99 Views
Post# 35362593

RE:RE:Starting to feel like this guy lately!

RE:RE:Starting to feel like this guy lately!
Marty57 wrote:
Speaking of Short Sellers, I checked the CPG/NYSE data posted on Yahoo Finance this AM.  I rarely check this, but I was very surprised to see number of shorts as of Mar 15 2023 listed at around 30 Million shares.  Very high... the number of shorts for the previous month was 8.6 million.  So you are right MoeMoney.  Shorts have been piling on, at least over the mid-Feb to mid-Mar period on the NYSE.  

Yes Marty.. the NYSE listing is what I use to follow shorts as well.. the # has doubled since the last report and I do believe they report every 2 weeks.. although its not great current numbers, it gives me some window into what the macro trend is doing.. FWIW..
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