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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 > Public service announcement
View:
Post by Anschutz on Nov 25, 2024 2:02pm

Public service announcement

A few weeks ago I spent some time analyzing the daily close of WTI going all the way back to 1996.  Last year some of you may remember I posted about the influence of an election year on the price of WTI.

I wasn't going to post, however decided why not.  Although it's hardly conclusive, for this year I'm sharing graphs of what (on average) occurs during the first year of a Democrat and Republican presidency.  For added contrast, I've also included what occurred the first year Trump took office.

My sense is there's a good chance he comes out the gate in similar fashion with guns blazing to kickstart the US economy.  Be careful with your buy orders between now and inaugeration day, January 20, 2025.

Democrat-jpg
***********Republican

***********

Trump

Comment by Anschutz on Nov 25, 2024 2:13pm
Minor mistake.... the data range for the graphs goes all the way back to 1986. Not 1996 as originally posted.  Also, here's a view of Republican first year presidencies that excludes Trump 2017.
Veren Inc
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