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Bullboard - Stock Discussion Forum Veren Inc VRN


Primary Symbol: T.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 > VRN vs WCP
View:
Post by rusty777 on Sep 09, 2024 3:17pm

VRN vs WCP

Interesting.....it was not very long ago that VRN had a share price just over $1.00 GREATER than WCP and now we see WCP over $1.00 more than VRN.  In relative terms VRN is down over 25% relative to WCP.

Management must be SO proud!!

GLTA

Rusty
Comment by Anschutz on Sep 09, 2024 3:29pm
Pretty certain the run up in VRN was orchestrated by the banks and firms that got stuck sitting on millions of unsold shares from the last deal VRN management did. They've likely finished selling them to clients and what we're seeing is a reversion to their value. Perhaps once debt is dealt with and a respectable dividend/yield we'll see the price recover closer to WCP.
Comment by Banshee on Sep 09, 2024 4:56pm
Both you and Anshutz are correct , unfortunately for VRN and their mouthpiece who has been totally silent , what a break today. , maybe he has had a late lie in , commiserating with himself for posting some really funny news on how VRN shareholders should be jumping up and cheering about that extra penny or two , or perhaps he is checking on his oil wells , yeah right or just in conference ...more  
Comment by Moemoney42 on Sep 09, 2024 5:01pm
Thats why I hold them both.. after a great day on the golf course I see some whiners here that never owned the company, but seem to spend days on end here.. pathetic life I guess.. LOL..  Not concerned about the weakness at all.. the whole sector is trading the same way... heck if I wasn't so top heavy in the sector I'd be buying right now..!  But I guess if you have no foresight ...more  
Comment by Mrlongpants on Sep 10, 2024 12:42pm
WCP dosen't Trade on the US exchange bur VRN does. More buyers and sellers.VRN better bang for your buck in my opiinion  Dividend better for WCP. 72Cent vs 46 cents.
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