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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 highalpha1on Jun 24, 2021 1:38am
191 Views
Post# 33439953

RE:We should be at 8 bucks by now, at least

RE:We should be at 8 bucks by now, at least@Trandswapper: Baytex went up recently because its share price fell a lot more than CPG. Ovintiv is up so much because its well results have shown to be some of the most producttive in all of the Montney. RBC recently published a report of the top 10 most productive oil/natural gas wells in Canada and OVV had 5 of the 10 spots in the nat gas category. 

Nonetheless, I fully expect CPG to outperform in the coming quarters. As the D/CF and FCF metrics become more visible to investors, this stock should move up nicely. 

TrendSwapper wrote: Being pinned down and it's pissing me off. Baytex has enjoyed an 800% increase since the lows, Ovintiv a 1000% increase, and we are sitting at 400% and a bit. Overdue for a surge.


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