Veren Inc T.VRN

What's Up

[Northsea6]

Even though Oil is up quite substantially in recent days , all of the oil stocks like the Gold miners are for some reason not keeping up with the rise in both oil and gold.When it comes to the miners , it could be many are in unfavourable jurisdictions , but this does not apply to our homegrown oil stocks.Look at CNQ , one of the best run companies out there , but down again on another up day..Holdings in oil stocks are a large part of my portfolio ,about 38 percent , so kind of disturbing to say the least.No question the daily price means more to the bottom line of all these stocks including VRN , so any thoughts to why or when reality will set in .Final comment l have seen on BNN many fund managers that are very bullish on this sector.

[barneyj44]

Canadian Oil stocks are being punished because of possible Trump Tariffs hanging over our heads.

[Anschutz]

In the last 48 hrs the market and government are waking up to how oil flows from Canada to the US. Cabinet ministers, MPs and provincial leaders are weighing in.  Significant concern is that Keystone, Enbridge and the main rail line carrying crude to the USA all pass through Manitoba.  Trudeau, Singh and Manitoba's NDP government headed up by Kinew (who has machinations on being the