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.

TSX:VRN - Post by User

Veren Inc > CPG should never be going down unless it is trading at 10

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Comment by CdnOilObserveron Feb 10, 2021 2:43pm

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Post# 32527778

RE:RE:RE:RE:RE:CPG should never be going down unless it is trading at 10

The Top Ten Institutional Investors, (mutual funds, etc), only represent about 23% ownership of this company. The Top 20, 29%. That leaves lots of smaller retail investors like you and I.

Interesting to note that Luminus Management has taken a significant position in this company, with about 9,000,000 shares.

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