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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 dogatcaton Nov 16, 2023 10:24am
267 Views
Post# 35739004

Question: When do you want to buy CPG?

Question: When do you want to buy CPG?We know for a fact the CPG will go up and go up large when oil prices rebound, which we know they will.  Anyone believe oil goes to $70 and stays there or really goes much lower givent he geopolitical situation in the Mideast??    

So when do you buy CPG?  You buy it now when prices are depressed and wait for it bounce back as we all know it will at some point in the not-to-distant future.   Now we can debate entrance points and prices but the best way is to average in over days or weeks.   If you get this anwhere near $9 a share, you are going to do well so don't wait to long.  One rocket from Hezbellah can change the oil market in an instance.

Welcome to investing 101.
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