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 > Oil is over $70 US and CPG is under $5 Canadian

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Comment by JamesTon Jul 12, 2021 2:04am

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Post# 33528559

RE:RE:Oil is over $70 US and CPG is under $5 Canadian

That's fine and dandy but since April 1st for every $1 US/WTI increase over the price of $62 US/WTI this stock's price decreased by 3.5 cents.

TrendSwapper wrote: Actually, every $1 US/WTI increase over a fully funded price of $40 US/WTI gives them about $35 million in excess cash flow. Do the math at this price!

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