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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 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.


TSX:VRN - Post by User

Bullboard Posts
Comment by Midgetwhackeron Nov 14, 2018 7:44am
106 Views
Post# 28970422

RE:Market cap under $3 billion, P/B of 0.3

RE:Market cap under $3 billion, P/B of 0.3
Whitecaps wrote: WOW! FIRE SALE! The question is, how cheap can we pick this dog up before tax loss season is said and done? 

I am also beginning to worry about low ball offers...


At these levels I am also concerned about low level offers. As far as it being a dog most if not all Canadian energy stocks are a dog right now. I would expect that soon enough we wont have to worry about proxy fights or lack of communication from management though.
Bullboard Posts