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.

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Veren Inc > Top Pick on Market Call Today :>)

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Comment by TheBridgeon Jul 31, 2021 8:12pm

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Post# 33637618

RE:RE:RE:Top Pick on Market Call Today :>)

TickerTwit, arizonabound is absolutely correct in suggesting that CPG is a couple of quarters away from considering a change in dividend. They need two or three more quarters of reducing the debt before they should consider touching the dividend. They need to get that debt down to close as possible to or under $1 billion, otherwise the share price is going nowhere.

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