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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 > Sub $3 gas
View:
Post by Anschutz on Sep 06, 2024 7:12pm

Sub $3 gas

Anyone care to venture a guess where WTI will need to trade for this forecast to come to fruition?  I looked at historical prices of WTI in relation to US average price of gas at the pumps.  We're looking at low $60s to high $50s a barrel.  Seems North American shale and heavy have again blown their brains out with over producing.

https://www.cnn.com/2024/09/06/business/gas-prices-opec-trump-harris/index.html
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