PAST TOP PICK
(A Top Pick Feb 12/09. Down 8.42%.) Acquired and he sold out on the first bid of $10 so had a gain of 25.6%.
DON'T BUY
Libyan government has said they want first right of refusal and they'll take the asset but not at the price they want. Good asset but the government has shown they're going to mess it up.
SELL
In the bottom 15% of his database. Made $0.04 last year but expected to lose $0.14 in 2009 and lose $0.15 in 2010.
TOP PICK
Takeover candidate. 2 publicly reported companies are interested in this company. It's a matter of what price a company will pay and if the Board of Directors will accept the price. He is looking for a price between $10 and $13. Have a NAV in the $14-$15 range and potentially 2 billion barrels. In Libya but he is not concerned about that.
TOP PICK
Vermillion Energy (VET.UN-T) owns 40%+. Have been exploring in Libya successfully. Have over 100,000 barrels of oil behind pipe. Expect it will be a takeover. Some serious bidders involved. You can play this through Verenex or through Vermillion Energy.
PAST TOP PICK
(A Top Pick Feb 26/07. Down 2.1%.) Drilling for oil in Libya. Brought in 3 wonderful wells so far. 3-year leases and won’t be producing right away, but will continue drilling. A screaming bargain at this level.
TOP PICK
45% owned by Vermilion Energy (VET.UN-T). Drilling in Libya. Drilled 2 wells so far. 1st one flowed 10,000 BOE a day and the 2nd flowed 20,000.
TOP PICK
Drilling oil wells in Libya. To like this one, you have to believe that Kadhafi has decided that it's better to be part of the world than not. Early results of drilling are promising.
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Verenex Energy Inc.(VNX-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Verenex Energy Inc. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Verenex Energy Inc.(VNX-T) Frequently Asked Questions

What is Verenex Energy Inc. stock symbol?

Verenex Energy Inc. is a OTC stock, trading under the symbol VNX-T on the (). It is usually referred to as or VNX-T

Is Verenex Energy Inc. a buy or a sell?

In the last year, there was no coverage of Verenex Energy Inc. published on Stockchase.

Is Verenex Energy Inc. a good investment or a top pick?

Verenex Energy Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Verenex Energy Inc..

Why is Verenex Energy Inc. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Verenex Energy Inc. worth watching?

In the last year 0 stock analysts on Stockchase covered Verenex Energy Inc.. The stock is worth watching.

What is Verenex Energy Inc. stock price?

On , Verenex Energy Inc. (VNX-T) stock closed at a price of $.