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Bullboard - Stock Discussion Forum Veren Inc T.VRN

Alternate Symbol(s):  VRN

Energy Oil & Gas E&P
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 > Great, more good news
View:
Post by cpgisdownagain on Apr 05, 2022 5:00pm

Great, more good news

The American Petroleum Institute reported late Tuesday that U.S. crude supplies rose by 1.1 million barrels for the week ended April 1, according to sources. The API also reportedly showed a weekly inventory decline of 543,000 barrels for gasoline, but distillate stockpiles rose by 593,000 barrels. Cushing, Okla., delivery hub were up by 1.8 million barrels last week, sources said. 
Comment by bago on Apr 05, 2022 5:06pm
It's shoulder season so not a bad report espeially when you consider SPR. Don't think today's selloff is all hedge related although not sure why. WCP hedges about the same and BTE even worse as I remember. OIl went down a couple of bucks which would help any hedge losses and down about 10 since early last week. Just one of those days OVV down about 5% as well. Management does suck and ...more  
Veren Inc
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