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 > Seems Like CPG Is In Love With $5.00 Range

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Comment by CdnOilObserveron Apr 14, 2021 4:05pm

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Post# 32994633

RE:Seems Like CPG Is In Love With $5.00 Range

Jan 2020 when WTI was at +$62 this was a $6.00 stock.

Appears to be a lack of interest on the buy side for CPG - Management needs long term institutional investors to get onside with this stock.

The stock price of a company is it's currency - and right now CPG is cheap, this will limit any plans for aquisitions in the future.

Management needs to figure things out, and get a real money guy running the company.

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