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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 Citizen13on Nov 02, 2024 9:58am
217 Views
Post# 36293516

RE:My 2 cents worth

RE:My 2 cents worthI understand your frustration .  I havent been in CPG/VRN for years .   Now, in retrospect had you not bailed at $ 3.85 you could have experienced $ 12.67 .  Not preaching , I bailed many times on things where I kicked myself as I would have gained all my money back and more . It's what I did with WCP.  * years of waiting , doubling down, tripling down until my average cost was less than what the stock was worth. The only saving grace was it was so bad I had nothing left to lose. These things are traders , not investments . I'm monitoring VRN now because it seems the pendulum has swung way too far on the bad side. I personally think all the capitulation will happen when end of tax loss selling is done mid December.
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