Veren Inc T.VRN

Alternate Symbol(s): VRN

Energy Oil & Gas E&P

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 Montney, Shaunavon and Viewfield Bakken. Its Kaybob Duvernay is situated in the heart of the condensate rich fairway, Central Alberta, which provides low risk drilling inventory. Its Alberta Montney assets sit adjacent to its Kaybob Duvernay lands, possessing similar resource characteristics including pay thickness and permeability in the volatile oil fairway of the reservoir. Its Shaunavon resource play is located in southwest Saskatchewan. The Viewfield Bakken light oil pool is located in Saskatchewan.

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Veren Inc > I think I figured out the market psychology to this stock

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Comment by Bpultraon Jun 15, 2021 7:49pm

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Post# 33393276

RE:RE:RE:I think I figured out the market psychology to this stock

LiquidOctopusV2 wrote: It's new (ish) management. And, I see this management team as having excellent transparent communication. The only surprise was the Duvernay aquisition and that was a good surprise after I digested it.

Consipracy theories aside, all we need to see is some action on the share buyback and most concerns will be assuaged. If they keep their word on the 1:1 debt to FCF ratio to active a meaningful dividend increase, all will be golden. If I didn't think this management team would keep its word, I would divest. I trust them.
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Oh boy... I have a mountain retreat in Florida for sale...

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