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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 > WOW
View:
Post by Moemoney42 on Apr 20, 2022 11:04am

WOW

Just on BNN.. Opec+ was 1.5 million brls/day short of their production quotas on todays reports.. :-0
Largest draw down in the US since Jan. 2021 of ~8 million brls..!  :-0
Come on FOMO's get on board.. ;-)
Comment by tollycraft on Apr 20, 2022 11:10am
Hey Moemoney, dial me in whats FOMO?  Sorry to look clueless but really have no idea. GLTA
Comment by Moemoney42 on Apr 20, 2022 11:12am
Fear of missing out.. I'm sure there's some of those buyers looking at these numbers and wanting to get in.. ;-)
Comment by Moemoney42 on Apr 20, 2022 11:15am
Andrew Lippow just mentioned that US production is up 200,000 barrels/day in the last few weeks.. although that is a good thing.. it will fall miserably short of the barrels that OPEC can't provide or the Russian barrels dropping off..!
Comment by Marty57 on Apr 20, 2022 1:55pm
EIA oil production from the weekly update should be taken with a grain of salt IMO.  I think they use a model to tell them what the prod should be in the current week and publish numbers on that basis... that's the best they can do for a current estimate and it isn't bad, but it isn't actual production.  When actual April prod numbers come out at end of June we might well see ...more  
Veren Inc