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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 TheBridgeon Nov 20, 2020 1:54pm
176 Views
Post# 31942003

RE:CPG vs peers

RE:CPG vs peers Kavolli123, I think a good part that's holding the share price down is that huge bucket of debt that they are carrying around with them, that is compared to the others that you mentioned. I sure hope that  all the money saved by cutting the dividend is being applied to reduce that debt and if the price of crude were to rise then the debt reduction could even be addressed more quickly.
Bullboard Posts