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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

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Post by Marty57on Jul 27, 2021 10:54pm
316 Views
Post# 33614966

Q2 results...

Q2 results...will be excellent... my humble prediction.  Easy to have high expectations when WTI has been $65 to $75 bucks for the last 3 months.  It looks like Q3 will be even stronger.  How long can share price languish with oil price being so strong and supply demand factors looking so favourable in the next few years?  Apparently a he11 of a long time!!  lol.  I don't care.  I will put my money on my expections of high FCF that the company is on the cusp of generating and hang on to my shares.  GLTA longs.
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