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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 > Back to $8s real quick
View:
Post by mbuch on Nov 16, 2023 10:31am

Back to $8s real quick

Rinse and repeat...
Comment by dogatcat on Nov 16, 2023 11:26am
Then back to $13 pluys real quick.....rinse and repeat and profit if you are smart.  
Comment by Billybabin61 on Nov 16, 2023 12:08pm
agree, they need $75-$80 oil and $3.50 NG. With the debt they have taken on, the timing for the acquisition couldn't have been worse. I am waiting for a dividend cut to take a position.. Nutty Nutall didn't bank on this happening.
Comment by dogatcat on Nov 16, 2023 1:18pm
One down day on the oil markets and you are looking for a dividend cut.  Keep dreaming.   CPG can operate at $70 US per barrel no issues and still cover  their obligations.    I am still buying.  ScotiaBank's take:   Latest Research (November 16, 2023): OUR TAKE: Mixed. CPG’s Montney acquisition increases its inventory of premium drilling ...more  
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