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Northstar Signs MOU to Mine High Grade Zone 2 at Cam Copper Mine (click to learn more)
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Bullboard - Stock Discussion Forum Veren Inc T.VRN

Alternate Symbol(s):  VRN

Energy Oil & Gas E&P
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 > Newbie
View:
Post by fishcarrier on Jun 18, 2024 3:21pm

Newbie

First-time Veren investor, but once old-time investor in CPG. Oil floats. Is VRN going to float to the top?
Comment by Banshee on Jun 19, 2024 1:07pm
Unfortunately , more than likely not unless it's in a toilet bowl. I want this stock and all O and G stocks to thrive and make money but this one is in another category.I find it similar to  FC during the 2008 crisis . Altagas under Mr Cornhill misleading institutional and retail investors, and Scott S and the board  aking all those big money mgrs who called it a premier company and ...more  
Comment by fishcarrier on Jun 19, 2024 6:34pm
Banshee, I'm sorry to hear that. Company never tells how much oil/ngl/ng it sells, except that it adds up to 198500 bbls. I see that the netback (last q) was 36.60 compared to 31.21 for WCP. And VRN had a loss due to selling a block. On the other hand, I like WCP's monthly divvy. I intend to hang on to the stock and see what this coming quarter will produce. Should know in a couple of ...more  
Veren Inc
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