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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 TrendSwapperon Jul 08, 2021 9:52am
106 Views
Post# 33511373

RE:Love this board

RE:Love this boardNot sure I understand. They are paying off debt and are in a much better position than 5 years ago. The only difference is the stock price, which pretty much mirrors all med cap o&g plays out there. With how much they are making at these prices they will wipe debt in no time. Debt is the top priority over buying back shares and increasing the dividend. Oil is likely to reach 100 again and they and shareholders will be laughing that they had the opportunity to buy in at these levels.
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