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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 Moemoney42on Jul 16, 2021 12:24pm
142 Views
Post# 33559943

RE:RE:Ridiculous sell-off

RE:RE:Ridiculous sell-offI agree TS.. this disconnect is very suspictious right before a flurry of Q2 reports start coming out.. could be a whipsaw move to the upside and hopefully catch the shorts off guard.. now if management would only listen to many here and start the increase of the divi we could get a rally.. between a rock and a hard place.. buy through the NCIB at lower prices or offer an increase divi to support or increase the stock price.. kind of explains the reason for no divi increase at the moment.. stay tuned.. 
TrendSwapper wrote: I think earnings will change the trend, provided oil doesn't keep taking a beating. It's up right now but CPG, and most others, are down. Manipulation to accumulate at lower prices in advance of earnings. This quarter will be good and the next even better, again if oil stays put. Should be averaging down and not selling into their plan.


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