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Bullboard - Stock Discussion Forum Veren Inc T.VRN

Alternate Symbol(s):  VRN

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 > Pipelines
View:
Post by baranja on Dec 05, 2024 8:42am

Pipelines

After this current woke government leaves,  future government must build more pipelines to the west coast, and couple of pipelines to the east. Also, Canada should build it's own massive oil storages and reserves and when the US attack oil prices, just cut the sales south and buy it all from Canadian oil producers and store it.  Enough of this insanity.  Washington DC is playing canadian oil patch like monkeys.
Comment by westcoastlogger on Dec 05, 2024 9:13am
Word on the street is Trump is cutting all red tape, bureaucracy and BS(and you can bet he will) and opening his welcoming arms to foreign investment of all kinds. US economy will roar, and Castreau, Gilbeault, and Freelunch will be bringing in more regulations to kill pipelines and cap all emissions on resources everywhere. Get your money the heck out of this nuthouse called Canada folks!!
Comment by tollycraft on Dec 05, 2024 10:02am
Could'nt agree more baranja.  Trump had Trudope running as quick as he could to the U.S. to say please, please don't hit us with the tariffs, our whole country will fall apart and go broke if you do. You don't depend on us whatsoever, but we need you waaaay more than you need us.  We all know this isn't entirely true, we have some big sticks to hit back with.  Some ...more  
Comment by BigJake on Dec 05, 2024 10:36am
I think you meant to post this on the WCP board, Tolley, no way you're buying VRN at 10 bucks 
Comment by tollycraft on Dec 05, 2024 12:50pm
Yupper BigJake, wrong board.  I'm getting old, I only own one stock and I still post on the wrong board!!  I do follow VRN though, as WCP and VRN usually follow each other on the rises' and falls.  I have to admit though,I still find it hard to believe there is that much differance in the stocks. I do still believe that VRN is a solid investment and like WCP, fell off the ...more  
Comment by Northsea6 on Dec 05, 2024 3:53pm
You must be getting old Tolly and that's a shame .There is a world of difference between VRN and WCP and it's not the quality of assets.Its for your edification the comparison between a useless self preserving mgmt culture going back to Scott Saxsberger and now his protege Briskey , compared to a responsible MGMT team under Grant Fagerheim .At least you don't anymore , that's to ...more  
Comment by BigJake on Dec 05, 2024 5:20pm
I too think VRN will get their completions issues under control and then if they are disciplined and focus on debt until it is manageable, share prices will rebound. People have to remember some of these companies have increased in size by a factor of 2 to 3 times. If oil prices can remain in the 70's for a few more years we will be rewarded, if they don't stay here well we have been there ...more  
Comment by Citizen13 on Dec 05, 2024 5:38pm
Yes , very often companies get absolutely hammered then start improving their efficiency and amazing things do happen.  The former SNC Lavalin for example, and I was shocked to see where Bombardiers stock is at now. It was near bankruptcy at one point. You never know.
Comment by Anschutz on Dec 05, 2024 7:20pm
Ten years ago we were hearing how shareholders would be rewarded after CPG reduced their debt and oil prices rose because Aramco was preparing to go public. Also something... something... Saudis needed $100 oil to balance their budget. How did that work out?  It's always Tomorrrrooowww... Tomorrrrooowww the sun will come out Tomooorrrooowww. Another Christmas and another lump of coal ...more  
Comment by baranja on Dec 05, 2024 11:03am
Correct.. The US considers Canadian oil as "domestic". Without Canadian oil and gas, US would be in serious energy issues.  Unfotunately, Justina and her band of clowns have no clue what is going on. He is dumb enough to pump that climate change garbage, while uncle Sam sucks all oil and gas from Alberta. 
Comment by baranja on Dec 05, 2024 11:15am
There was an  awesome project with PEA to build pipelines to east coast, LNG terminal and processing plants and ship LNG to Germany. Germans wanted to buy those LNG as much as they could.  The deals were made, but Que and Federal Ottawa Woke burocrats made it impossible to do it and finally it tanked.  The question is, who are those Ottawa bureaucrats work for. For sure, they dont ...more  
Comment by packerdriver on Dec 05, 2024 3:32pm
Hey, deranja! Get your calculator out. AB oil and gas production is up 60+% in ten years!!! Can we/you put to rest the fable that "Trudeau is killing the oil industry". Geez, man! https://economicdashboard.alberta.ca/dashboard/oil-production/
Comment by ztransforms173 on Dec 05, 2024 3:46pm
- hey packerclown: - ENB Northern Gateway + SOBO Energy East 'would' have TAKEN Canada's LIQUIDS PRODUCTION to 7,000,000+ bbls/d - the ROACH DESTROYED the pipelines being BUILT by REGULATORY & TAX OVERREACH - SO NO, the WEF NARCISSITIC PUPPET is NO FRIEND of the BY FAR the MOST IMPORTANT INDUSTRY in Canada z173
Comment by Marty47 on Dec 05, 2024 11:11am
Yes sir first just flush those useless liberals will be a good first steps , after that get some good policies for our ressources , those batteries scam is a money pit , I told since the beginning they pollute to make and what they are hiding is they will pollute even more later with all the waste , look at all the electronic waste we ship oversee and they burned it out there cause we don't ...more  
Comment by westcoastlogger on Dec 05, 2024 3:04pm
We all better pray that voters will realize the errors of their past and we will finally be rid of this government with a successful non confidence motion and an election soon. Can you imagine the cost for all our resource industries having to electrify everything?? Or the 10s of thousands of miles of rail lines in the country so we can be rid of those nasty diesel electric mining trucks and ...more  
Comment by Northsea6 on Dec 05, 2024 3:45pm
This country westcoast is years behind the curve when it comes to supporting the biggest contributed to the economy , and l mean the O and G sector. We have missed the boat with big money NG transported to other jurisdictions who are prepared to pay for it , for why Eco idiots mostly in BC , money grubbers in Quebec who axed Energy East as long as they got enough supplies for their greedy needs ...more  
Comment by packerdriver on Dec 05, 2024 3:56pm
Get a grip, norsea! "biggest contributed (sic) to the economy" ??? NOT EVEN CLOSE !!! "Mining, quarrying and oil and gas extraction" is TENTH on the list of sectors in Canada (take out mining and quarrying and it would fall even further) https://www.statista.com/statistics/594293/gross-domestic-product-of-canada-by-industry-monthly/ EVEN IN ALBERTA it's only 25% of THAT ...more  
Comment by Red_Deer on Dec 05, 2024 4:30pm
Hey PACKER__NortlhSea/BanShee (same SH members) have a HARD TIME Googling the ACTUAL FACTS And CONSPIRACIEs ABOUND in Their WORLD
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