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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

Comment by Marty57on May 22, 2021 9:30am
146 Views
Post# 33253684

RE:Shorts

RE:Shorts
It seems short sellers have largely taken their shot (about 14 million shares shorted in the past 2 weeks on TSX). I wonder who would be doing this?  Large players I suppose.  Anyway, those shorts will have to become buyers now...a total of 23 million shares that must be bought and so upwards pressure on the share price.  Share price performance over the past couple weeks doesn't look so bad from that perspective.  Let's hope NCIB kicks in soon.
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