Post by
barneyj44 on Oct 21, 2024 11:19am
Veren is turning into a lost cause
What's it going to take to get this moving.
Comment by
barneyj44 on Oct 21, 2024 12:18pm
You may be correct but the market so far doesn't see it that way. I hold Whitecap as well and it has handeley outperformed over the past several months.
Comment by
Moemoney42 on Oct 21, 2024 12:44pm
They've certainly took turns out in front at times, I hold both as well and WCP's lower debt is proving to be what the market likes.. but with higher daily production I think VRN can close the gap as the debt gets paid down.. IMO VRN has a bit more torque to oil prices but that can cut both ways.. Either way the divi's are both solid and cash will continue to roll in.. ;-)
Comment by
Anschutz on Oct 21, 2024 4:07pm
Simple... a buyout by a CEO and board that values shareholders at least as much as their own personal enrichment. Perhaps combined with a purge of staff to rid the company of its socialist employee culture.