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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 yaymakemoneyon Jan 22, 2019 12:45pm
85 Views
Post# 29265128

RE:RE:RE:RE:Hitting $2 soon

RE:RE:RE:RE:Hitting $2 soonNotice that the pathetic management has yet to buy a single share on the open market. If that doesn't tell  you something, it should.

They have no confidence in the stock and are happy to get their millions in free stock bonuses and compensation.

Does anyone here remember when they awarded mangagement millions of stock options last year? Those are all underwater now, and watch them reprice them. You heard it here first.

Unfortunately, I see this stock heading down to $2, and then less than $1. $4 billion in debt, high decline rate, and the inability to make money at $50 WTI (no matter what their PR says).

Craig Bzkyskzz - whatever his name is - is the wrong person to lead this company. He shoud be pumping gas at Petro Canada, not running an oil company.

Bullboard Posts