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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 > this is
View:
Post by shenty46 on Oct 05, 2021 10:15am

this is

this is the most undervalued stock in oil and gas market, expecting it to trade near 15 dollars in 6 months time frame
Comment by Chad123 on Oct 05, 2021 10:30am
If it was going to be $15 in 6 months do you not think it would be higher than it is now??? Can't even get over $6.50 let alone $7. Sheesh
Comment by Moemoney42 on Oct 05, 2021 10:37am
I do think we'll see $10 next year though.. ;-)
Comment by dandu1924 on Oct 05, 2021 10:42am
With all the good things coming  in 2022 , for sure $10-$15, and we can be surprise probably more.
Comment by Chad123 on Oct 05, 2021 10:47am
Better get at least there. If oil holds in the seventies or eighties, there is no reason for this to double in a year. Gonna have to have another increase in the dividend, maybe change it to monthly @ $0.03 and that should give it a nice pop and a good rally for institutions to buy into it. Nice to see all these money managers like Burrows and Baskin who swore up and down that they never invest in ...more  
Comment by Moemoney42 on Oct 05, 2021 11:06am
With Crude up 2% today I would have thought a bit more upward pressure would be on hand, but a few more new shorts could have piled on.?? The day isn't over of course.. but if we can break that double top at $6.39 with any gusto, its looking quite possible very little resistance is encountered until ~$8.20... and I agree a bump up in the divi early next year will most certainly take us there ...more  
Comment by LiquidOctopusV2 on Oct 05, 2021 4:16pm
The analyst ratings should be revisited in short order.  The most optomistic of teh current ratings is $11.00.  I'm inclined to think $14 is good potential price within the next 12 months.  Of course everything depends on how bad this energy crisis is.  It's potentially worth more. 
Comment by Anschutz on Oct 05, 2021 11:03am
Revenue, FCF, debt repayment and incresing dividend will be impossible for firms and investors to ignore.  Not to mention the psychological effect of $100+ oil.  Turning sentiment after years of neglect and outright attack/lies takes time. With every uptick in the price of oil, share price and dividend will cause more to invest in the sector. Those that invest will rationalize as a ...more  
Comment by Chad123 on Oct 05, 2021 11:55am
Revenue and FCF is there, just gotta get Craigy to do more in terms of dividend. Take the leap Craig, take the leap. Move away fro socialism.....
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