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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 Seppelton Oct 27, 2023 3:55pm
134 Views
Post# 35704860

RE:RE:Panic-Proof Portfolio

RE:RE:Panic-Proof Portfolio

Care less about market manipulation. Oil prices always fluctuate, manipulated or not.
About geopolitics, first of all I don't want to hear the name Gueterres. The dude made a few climate speeches a few months ago screaming "the planet is burning!!". What an iddiot, same type as Greta, anti capitalist, anti everything that is successful.

As for the invasion and possible escalation involving Iran and its proxies, it didn't happen two weeks ago and it didn't happen a week ago and this week. I don't really know what will happen and in the meantime, I don't care about oil prices pausing and moving sideways or slightly down.

But this is what I know. CPG is reporting a week from now and I am expecting (or hoping?) the results will be above expectations. I have enough but wanted to buy more. Then Nuttall stepped in and the stock broke above $11. It doesn't really matter a lot but will wait until next week.

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