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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 > Demand Destruction already started:
View:
Post by spurwing2 on Jun 08, 2022 4:03pm

Demand Destruction already started:

https://finance.yahoo.com/news/gas-prices-demand-destruction-already-started-says-strategist-195433877.html
Comment by Dixiedee on Jun 08, 2022 4:06pm
I don't believe disstruction has begun it is more like supply is restricted 
Comment by Dixiedee on Jun 08, 2022 4:10pm
WTI oil up 2.31 today so much for distruction 
Comment by Volkomm on Jun 08, 2022 5:01pm
Hasn't started yet. Best place to look for data is the GasBuddy guy. EIA is unreliable and does some creative massaging. 
Comment by LiquidOctopusV2 on Jun 08, 2022 6:41pm
The magic number for demand destruction used to be $135/wti.  Not only are we not there, with inflation that number has likely changed.  Cenovus CEO says the new number is $150. 
Comment by JamesT on Jun 08, 2022 7:46pm
China is still not fully reopened. Just wait
Veren Inc
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