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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Comment by Moemoney42on Apr 24, 2023 12:22pm

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Post# 35410554

RE:RE:RE:RE:Found support at $77-

Yeah I hear ya.. that's why my first question when it was in the $8.65 area if you managed to buy back in.. looks like that was the low after you took profits.. tough call lately I agree.. one headline one way or another in a given day seems to change the direction short term.. I'm still of the opinion that long term we'll have stability in both crude and share prices.. now if we factor in a couple good quarters (which seem to in the cards) the share price should move to those price targets.. IMO..??

Anschutz wrote: I never got the price I was looking for. It became clear it was reversing so jumped back in at 9.20. Waited longer than I should have to get back in, but been burned too many times jumping in too soon. I dumped all again last Friday. I'm now back on the sidelines. My plan is to jump back in perhaps in a couple weeks.

I've been away from the board for awhile. Today was the first time I looked at the board in weeks. I got caught up with a trip to Calgary then work got in the way. Probably will be going dark again in a few weeks as I make another trip out to Calgary.

Cheers,

Moemoney42 wrote: Hey Anschutz are you still waiting for that 8.40-8.50 level to get back in..?

Quote:

"No I didn't jump back in. Sitting on the sidelines. At the moment I'm looking at a re-entry point around 8.40 to 8.50."