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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 > ATB
View:
Post by retiredcf on Jan 18, 2024 9:03am

ATB

Ahead of fourth-quarter earnings season for Canadian small and mid-cap energy companies, ATB Capital Markets analyst Amir Arif trimmed his estimates across the sector to reflect a reduced outlook for oil prices.

That led him to lower his target prices for 10 of the 12 companies in his coverage universe.

Crescent Point Energy Corp. (“outperform”) to $12 from $13. Average: $13.65.

Comment by SmokeyOB on Jan 18, 2024 9:37am
Thanks for the update.  Hopefully oil gets a foot hold soon. Or we have a good FYE. 
Comment by Moemoney42 on Jan 18, 2024 10:00am
Well I'm playing the contrarian these days... firms coming out with lower targets tells me its time to buy.. so I put another log on the fire this AM.. do I need more CPG, not really, but this sale won't last too long IMO.. Thinking + Time will tell if my theory plays out..?  ;-)
Comment by DrBill1 on Jan 18, 2024 12:08pm
WISH IT WAS A SALE, BUT I'M AFRAID NOT.  MANAGEMENT TOSSED THE INVESTORS.  NO END IN SIGHT. REGARDS,
Comment by SmokeyOB on Jan 18, 2024 1:23pm
Just a question, have you ever made a post that wasn't all in capital letters.  LMFAO
Comment by barneyj44 on Jan 18, 2024 11:20am
Great these Analysts are so smart, commodity goes up raise target, commodity goes down lower price target. Wish I woukd of thought of that.
Comment by Marty47 on Jan 19, 2024 4:19pm
Y'a  i mention before my kids can do as good as these analysts , I guess these days you don't need much creativity to get these jobs , they just don't know what to say anymore ,