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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Comment by Anschutzon Oct 05, 2021 11:03am

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Post# 33966861

RE:RE:this is

Revenue, FCF, debt repayment and incresing dividend will be impossible for firms and investors to ignore. Not to mention the psychological effect of $100+ oil. Turning sentiment after years of neglect and outright attack/lies takes time. With every uptick in the price of oil, share price and dividend will cause more to invest in the sector. Those that invest will rationalize as a necessary step to facilitate transitioning to new renewable forms of energy. Unfortunately wealthy elites and corporates will buy up the E&Ps long before a stampede by average retail and woke pension funds.

Chad123 wrote:

shenty46 wrote: this is the most undervalued stock in oil and gas market, expecting it to trade near 15 dollars in 6 months time frame

If it was going to be $15 in 6 months do you not think it would be higher than it is now???
Can't even get over $6.50 let alone $7.
Sheesh