Veren Inc T.VRN

What news caused the tank in the last few minutes?

[bassfishing88]

Affected all he oil stocks

[baranja]

Natenyahou fires defense minister. That guys was Biden's man anyway.

[baranja]

That tells me that the pink and green haired wokes will enjoy to see the new president of the USA. .....D, J, Trump.

[packerdriver]

As a Canadian oil investor and just a plain old Canadian you got to be "deranja" to cheer for the Orange Jesus running for POTUS.....As if MORE US oil production will be good for your oil stocks and tariffs on everything will be good for Candian jobs (????)

[Marty47]

We may not agree for trudope but on trump I do agree with you , I don't like the dem but if people think trump will help stocks in Canada ... be ready for a shock , this man will have his last 4 years and won't care much about other countries , it will be America first , this man was persecuted , impeach and if in the White House he will unleash revenge and a protectionist agenda , I'm

[baranja]

100000% disagree. Just watch.  You boys should have sold it then, as Trump will win.  Even Amish, never voted, decided to vote for Trump, that's how much those dems are hated. We will see tomorrow.   Maybe I am mistaken, but we will see.  Those are interesting times in our history . 

[sebastian2]

Both have pros and cons.  Remeber the first thing Joe did was cancell Keystone XL, that was not good for Canada.  Trump will want new NAFTA again and tarifs also not good.  But if there is less oil prod in US under the dems and more in Canada under the Conservatives and maybe more pipelines to diversify that would be ideal.

[Zipolitemexico]

20% tariff to exact and lowering their  tax on corps to 15% from 21%. That could start an exodus of companies south. Our corp tax is much higher That will tank our dollar. All this could create hard times for our country.

[Zipolitemexico]

"Production of crude oil in the U.S. has increased by 68% in the past 10 years. The U.S. produced 7.91 million barrels per day in November 2023. The Independent Petroleum Association of America said that improvements in fracking technology have led to the record-levels of production. On March 11th the US produced more oil than any other country ever... So any increase in US oil production

[Marty47]

Ya I sold half my oil stocks as I was just cautious reinvest and already 18% up with dividends in six months , again I like trump all I'm saying our oil will get hammered , and don't forget we still have this idiot as premier minister , trump hate him and castreau won't have the balls to fight him .... after all it's oil,  him and Guilbeault will be happy to give the oil away

[Canoftuna]

The oil we give away flows through Keystone XL

[Canoftuna]

He wants 4 more years to close the border he failed to close...and wants the cat and dog population to increase...taking away valuable jobs from the K9- unit...