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 > RBC 8$ PT now. still too low imo

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Comment by Anschutzon Oct 18, 2021 8:06am

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Post# 34016992

RE:RBC 8$ PT now. still too low imo

Agree. I think it will be a long time before we see oil at $55 or lower. Good luck everyone. With oil up again this morning we could be heading into a great week.

T-10 days to earnings and hopefully more good news about dividends and dare I say... a clear message from Bryska and board emphasizing their committment to "SHAREHOLDERS" rather than 'stakeholders'.

Moernoney42 wrote: October 17, 2021

Crescent Point Energy Corp.

Valuation Our estimate of CPG's NAVPS is based on a long-term crude oil (WTI) price of US$55/bbl, long-term natural gas (Henry Hub) price of US$3/mmBtu, and a discount rate of 8.5%. Our base case price target of $8 is based on a target multiple of 0.9x our base NAVPS. Our price target supports an Outperform rating.