Veren Inc T.VRN

Oil is back...

[smallcaptdr]

Does everyone feel better now? it's too bad that everyone sacrificed the company's SP by buying into Armageddon so now we need to bump the SP back up to where they should be. Hopefully, this is another lesson to investors that you don't kill the cash cow because milk is on sale for a week. Don't trip over pennies on your way to dollars. Don't plan the funeral before the body is dead. The end game of no more Rate Hikes and lowering Inflation will add bullishness to Oil on top of OPEC cuts while the US stays resilient and strong. The FED will "always" throw money at any situation that will threaten the US into collapse especially when there's global tension and a war going on that involves nukes. The US has to remain strong in order to defend itself. Hitler tried to collapse Great Britain during the war by flooding the market with counterfeit British Notes to raise Inflation, it was a failed attempt so everything that comes out of Russia is BS, and Russia, China, and other reds would love to collapse the US from Internet attacks to spy balloons and this unrest is Oil's bullish partner. Plus Gold drop of over $50 shows fears subsiding. See the sun is out and things are fine after proving to the market that Oil won't test $65 and support was found higher this time.

[Anschutz]

Today's uptick was on below average volume and within a tight range. Hard to say if oil is back and sp trend is up.  Let's see what happens next week. If price of WTI doesn't trade significantly higher and instead hovers here, I think we see CPG shareprice creep up as we approach earnings release. If it plays out this way, I'm guessing the sp goes lower (as it almost always

[DrBill1]

The Montney property/well acquisition should be finalized soon, affecting overall value of company. 

[DrBill1]

The wildfires could affect this closing.

[DrBill1]

The wildfires could affect this closing.