Veren Inc T.VRN

Where SP were, are, and going to be,

[smallcaptdr]

I feel that I need to explain this, SP reflects revenues first and far most so when you have a commodity selling off and SP remains higher than normal eventually will correct, and investors need to realize that $100 Oil is gone and $90 has been phasing out leaving $85 as being high except for a couple of runs up to $93 were it could never stay in the $90. So if Oil will be trading in the $70+ to lower $80 then SP needs to adjust from being overinflated on hopes of $90-$100 Oil happening. Look at the history of Oil prices in years leading up to 2022 when Oil exploded because of the war and right now with everything going on its time to remove the risk factor that Russia will shut off Oil because of G7 and the ailing world cutting into Oil demand and $65 could be hit 2023. SP are overinflated today.


U.S. Crude Oil First Purchase Price (Dollars per Barrel) (eia.gov)

BTE 5yr



CPG 5yr



ATH 5yr

[yureja29]

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[Diligent2]

Try a graph out 10 years. Look at number of shares today and how many tomorrow. Look at free cash flow at 70,80,100,120. Look at tailwinds: Spr about done, russia oil shrinking , oil yearly depletion,  ducs done, shael done, capex  done. Do the math. We may be down here because amercains know howto short to hell. But guess what happens inthe end: Invnetories are falling and about to fall

[yureja42]

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