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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 > 8.2 million barrel build
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Post by soundandfury on Jul 07, 2022 11:17am

8.2 million barrel build

It would appear that either a slowing economy or a bit of demand destruction could be at play.............europe is a whole different kettle of fish with germany pretty much begging for more russia gas so they do not freeze next winter
Comment by Moemoney42 on Jul 07, 2022 11:21am
Nope.. just numbers manipulation.. don't forget at 1 million from the SPR each day, 7 million of that so called "build" came out of inventory.. LOL.. the past week has shown more consumption thus the distilate & gas draws 
Comment by moose73 on Jul 07, 2022 11:49am
July 4th driving record weekend will show on the next report, inventories will start dropping again even with SPR. 
Comment by Anschutz on Jul 07, 2022 1:18pm
Sure... based on another 5.8 million barrels drained from the SPR.  On track for the SPR to be under 400 million barrels by end of the year.
Comment by BigJake on Jul 07, 2022 1:31pm
Can anyone explain why API and EIA estimates are so far apart?
Veren Inc
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