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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 > WHOA !!!
View:
Post by packerdriver on Dec 19, 2024 4:37pm

WHOA !!!

The last time VRN was this cheap was THREE YEARS ago....and oil was just a couple of bucks higher than now...then Putin started a war that sent the price of oil much higher.

Comment by Marty47 on Dec 19, 2024 7:16pm
Yes sir .... and hurricane trump is comming , Justin hiding , your Qubec prince won't be able to face trump he's a joke .... q3 report was not good for veren q4 is at 6$ average less wti .... management didn't do great at 80-85 oil so packer should I buy my shares that I been waiting 8 months or wait at 5.5$ keep in mind the war in gaza maybe over once trump start to work and Ukraine ...more  
Comment by packerdriver on Dec 19, 2024 9:17pm
Trump doesn't become President until Jan 20, Marty....Right now Ford and the crazy woman from Alberta are just stooges in Trump's latest TV reality show....and playing right into his hand of "divide and conquer"....Trudeau went down there to talk some sense into the man... but that was a waste of time because he don't make sense...never did, that should be clear to everybody ...more  
Comment by Marty47 on Dec 19, 2024 9:28pm
Well I like trump so he can fix stuff , already make some move at the border on drug and immigrant , I cheer for him but I did mention Harris would be better for my stocks , but hey I'm not a leftis I wasn't born this way , I'm not a man who like to see kids get  motivated to become a man or a girl , let men compete in women sport , let people cross our border like roaches , I did ...more  
Comment by Red_Deer on Dec 20, 2024 6:18am
""the crazy woman from Alberta are just stooges in Trump's latest TV reality show....and playing right into his hand"" Hey PACKER__I HAVE To KEEP REMINDING You That Trump LOVES Crazy WOMEN ALBERTA is in GOOD HANDS !!! Especially COMPARED to the WHIMP We Both Have Here in BC eh !!!!
Comment by Anschutz on Dec 20, 2024 12:48pm
If Trump makes it to inaugeration, I think there will be a cease fire called between Ukraine and Russia before February 1st. This will be followed by somewhat protracted peace negotiation. By this time next year Russia will be back to pumping energy on the open market and Russian companies will have restrictions lifted and trading again on the exchanges.    
Comment by packerdriver on Dec 20, 2024 1:17pm
Sure, Anschultz.....the EU and NATO will just let bygobes be bygones...reward Putin for having invaded a European country TWICE!....AND let him make lots of money again to rebuild his military so he can invade ANOTHER eastern European country a few years down the road.  (????) Really?
Comment by Anschutz on Dec 20, 2024 8:13pm
"Invaded".... please tell us where the Russian Black Sea Fleet is based? Did you really think Russia and Putin was going to let NATO take their base and cede the Black Sea to the Americans.  Did you really think Russia and Putin were going to allow the American industrial military complex further encroach on their border. Using your logic, it would be perfectly acceptable for Russia ...more  
Comment by Moemoney42 on Dec 20, 2024 10:01pm
""Invaded".... please tell us where the Russian Black Sea Fleet is based? Did you really think Russia and Putin was going to let NATO take their base and cede the Black Sea to the Americans." Its based in Crimea, they already took over Crimea so there was no reason to invade the Ukraine. No one was trying to "take their base" and the Americans weren't allowed to ...more  
Comment by packerdriver on Dec 21, 2024 12:06am
Anhultz....you are truly NUTS....Putin took over the Crimea in 2014....Ukraine had to make their peace with that since the West did not seem to object.....and it went on like that for EIGHT YEARS.....until Putin invaded....yes INVADED from the North headed for the capital of Ukraine... We get it now....you are a Putin / Trump fan....Why don't you just move to the states??? It's a short ...more  
Comment by Anschutz on Dec 21, 2024 8:33am
Yes, Russia re-established their control over the Crimea as it was evident the US had no intent of respecting agreements and was pushing to take control of the Ukraine. What was Russia to do... sit back and let the Crimea fall into the hands of NATO? What was the US expecting... for Putin to just shrug his shoulders and say... ok... guess we'll move the fleet somewhere else? {^youtubevideo| ...more  
Comment by Marty57 on Dec 20, 2024 1:58pm
I agree Anschutz.  Lots of optimism for peace and stability with the results of the US election.  What a difference.
Comment by Seppelt on Dec 20, 2024 4:35pm
Russia is pumping energy on the open market - at close to full capacity. Its oil was never sanctioned, except for some meanenless price caps. In June 2022 the EU said it will be banning all seaborne imports starting in December 2022. That gave Russia enough time to form a shadow fleet of tankers and arrange shipping to alternative markets.   Biden never imposed any secondary sanctions on ...more  
Comment by dart321 on Dec 20, 2024 6:29pm
That's total BS, russia's production facilities are processing at less than 50% for two reasons, first the total lack of repacement parts need to keep the plants in opperation are not avaliable to them and the second reason is Ukraine has hit these facitlities day after day and many of them are on fire or have been on fire. Their oil patch is in bad shape as more and more units break down ...more  
Comment by Seppelt on Dec 20, 2024 8:55pm
dart321, Internet is a funny thing. It's not easy to have a polite and intelligent debate. There is always someone "know more, know better" ready to jump in with a red face screaming BS. Again, Russian crude oil exports have not declined significantly since the war began. In September 2024 it exported 3.48 million barrels per day, higher than in previous months and about same as a ...more  
Comment by dart321 on Dec 20, 2024 9:28pm
Here is some data you can check with a simple google, like I said russian oil is crashing, in 2022 they exported 7.8 mbd in 2023 that droped to 6.7 mpd and now by your own numbers it;s down to 3.48 mpd. Hmm that looks like a massive drop to me ya think!!!!!
Comment by Seppelt on Dec 20, 2024 11:25pm
Dart, Your numbers include oil plus petroleum products (diesel, fuel oil, naphtha, gasoline). The 3.48 mbd is crude oil only. 
Comment by sebastian2 on Dec 20, 2024 11:28pm
Exactly.  Back when the Soviet Union fell the shortage of spare parts got so bad that apparently 50% of the wells failed and came off production.  Some in the arctic had to be re-drilled to bring them back on once western money started flowing in.  It took ten years to bring that production back if I remeber corectly.  The same is happening now.  Not because of cash ...more  
Comment by Citizen13 on Dec 21, 2024 10:05am
Dont ever discount the flexibility, agility of the Slavs .  They can fix things or make them from scratch with a hammer, duct tape and caulking . LOL. Seriously , any industrial nation can make parts with manual or CNC machines . Not all, but most parts can be made . They are smart people who unfortunately suffer a lot of alcohol addiction and thats likely why there hasnt been a coop yet ...more  
Comment by Anschutz on Dec 20, 2024 12:43pm
"Putin started a war..." LOL!
Comment by Canoftuna on Dec 20, 2024 6:45pm
When one country crosses the border into another country and start firing.....it's usually a sign of starting a war....let's hear your conspiracy theories now....feel free....tell us how you feel......
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