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 > Found support at $77-

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Post by smallcaptdron Apr 20, 2023 11:48am

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Post# 35405378

Found support at $77-

I look forward to days like this to reload my stockpile and this week has been extremely busy for me so today is the first day that I have the freedom to move around between Oil and Gold stocks. Oil at $77 is cheap with everything considered. Buy to add or buy to average down now is the time. China had bullish growth, the US had a -4+Mil draw on Oil Stock and both the US and Europe still have a stealth economy at the very worse Oil will hit $75 but at some point, Oil will rebound and when it does then it'll take a run at $85 plus OPEC cuts are coming up so keep a stiff upper lip don't panic sell because in the Oil Market things change fast.