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Bullboard - Stock Discussion Forum Veren Inc T.VRN

Alternate Symbol(s):  VRN

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 > Uninvestible?
View:
Post by Diligent2 on Dec 08, 2022 12:42pm

Uninvestible?

I hate to put that title but I am getting fed up with the junk going on. Eric Nutall talks about 100 dollar oil. Better check the real inventories. Yes EIA , API are both controlled. But by now we should have had a stronger drawdown world wide. Else , even hedge funds , are missing opportunity bigtime. A sign that Biden has managed the whole oil market by himself. Opec+ doing nothing, oil companies not really giving me cash, way too much risk. Yes they buy shares back, but most and high prices and the outlook sucks. Tired of it. Merge and heal my pain!!!! Cut back production and keep oil at 100 for 1 year and then increase and I will stay with you.
Comment by Frank007 on Dec 08, 2022 1:12pm
U r right....the oil market is controlled and manipulted ....take the eis  # look at line 13 ...it's called the plug .....they short that many barrel / day and just put in a # to balance the con game ....check it out ...lol ....finally the premier of Alberta is calling out the crooks in Quebec   Fleecing te rest of this country ....Yike 
Comment by rusty777 on Dec 08, 2022 1:21pm
Yup - it should be no surprise to see what is happening - even Nutall who fancies himself some sort of oil messiah has missed the basic concept of the law of supply and demand.......if we put some arbitary cap on the price of oil for some - the whole curve will shift downwards as folks migrate to the cheaper source.....duh....any first year economics student will tell you that.  Now we are ...more  
Comment by Frank007 on Dec 08, 2022 1:40pm
The crooks can manipulate the market but there is a shortage.....just being  glossed over .....When trump was in office ...as an egsample....5 minutes before the c m e closed someone bought millions of oil put options ......3 am and the tweet comes out. Next day that person.  Probably for sure a trump crones.   Made get this 2 billion $.    So you can see it all to fleece ...more  
Comment by bmeister2 on Dec 08, 2022 1:43pm
Maybe that skunk got caught in TC's pipeline today because it is shut down due to a leak,that is 600k B's a day to the gulf,and oil goes down not up? what happened to demand and supply? Nothing seems to make sense in this market anymore.
Comment by RusticHit on Dec 08, 2022 1:47pm
Og stocks way more to go down if Oil did,nt recover to 80,s soon  as they are still trading at 80 Oil valuations
Comment by Frank007 on Dec 08, 2022 2:05pm
Don,t be stupid.....it all manipulted.....the u s needs our oil or they r capote an will definitely start ww3
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