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Bullboard - Stock Discussion Forum 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... see more

TSX:VRN - Post Discussion

Veren Inc > Big funds are slow to react
View:
Post by Gassy166 on Feb 18, 2021 11:22am

Big funds are slow to react

This will trend up over the next week or so right into earnings. Likely heading for $6, I see a minimum of $5.30 cdn
Comment by Marty57 on Feb 18, 2021 11:29am
Yeah, I suspect big funds got burned so bad in the relentless downward spiral over the past several years, that they still are reluctant to jump back in.  But the bottom line for Cdn oil producers keeps looking better and better, and money talks.  At some point big funds will probably start to buy back in.
Comment by Backinblack1000 on Feb 18, 2021 11:38am
This post has been removed in accordance with Community Policy