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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 > Eric says he bought 14,000,000 shares in the past 2 weeks
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Post by LiquidOctopusV2 on Dec 03, 2021 1:49pm

Eric says he bought 14,000,000 shares in the past 2 weeks

It's a good time to buy.  Management is with the program.  It's a great multiple to aquire.  Says the downside potential is very limited.
Comment by Moemoney42 on Dec 03, 2021 3:43pm
Finally got a chance to watch today's episode.. and as he mentioned the last time he was on BNN he still had some "homework" to do on CPG.. and just as I thought, he was planning on meeting with them to confirm projections and potential for higher shareholder returns going forward, to address the lack of interest by larger buyers and enabling a re-rating.. like he says if no ones ...more  
Comment by arizonabound on Dec 04, 2021 9:30am
This post has been removed in accordance with Community Policy
Comment by ChickenLittle13 on Dec 04, 2021 11:01am
I think he's holding until at least Q4 results and further guidance comes from the company , he may even throw it as a top pick in January and then sell off. With Eric I'm more interested in the companies he buys BEFORE stating them as a top pick. Once it's a top pick he's already close to selling. The fact he LOADED up CPG tells me we have some exciting news coming from the ...more  
Comment by LiquidOctopusV2 on Dec 04, 2021 12:10pm
He only has around 30 companies that can be top picks, at all.  Sometimes he just has to name someone he hasn't in a while.  What excites me is that he cited a 12% dividend as to what the company can give him.
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