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

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TSX:VRN - Post Discussion

Veren Inc > And we're back

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Post by Moemoney42 on Aug 20, 2024 10:37am

And we're back

to the disconnect between crude and the equities.. same old, same old.. :-/
I've never seen a sector get so whipsawed as this one recently.. pass the tums.. LOL..

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Comment by Anschutz on Aug 20, 2024 10:52am

We're under attack and I don't see a floor anywhere near. Unless crude reverses this is going to get real ugly.

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Comment by Moemoney42 on Aug 20, 2024 1:06pm

Well I don't quite have the same concerns as the balance sheets are getting better with every quarter and as long as the FCF is there that will continue.. I don't see the bottom falling out of crude prices, but the American traders can be rather ruthless.. heck even Exon is down 3% today...!!!

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Veren Inc