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 > CCCPG Performance

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Post by Anschutzon Oct 18, 2021 11:51am

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Post# 34018312

CCCPG Performance

With less than 10 days to the next earnings report I thought it interesting to do a 10 year comparison of the price of WTI in relation to CCCPG and WCP. The result is quite stunning. Although the rise in CCCPG share price has been good to see, it's trading at a disconnect from WTI. WCP share price is doing a much better job in relation to WTI pricing. CCCPG decoupled back in 2016 and hasn't recovered. For CCCPG to perform the same we'd need to see a 80% increase from CCCPG's current share price.

There's still a massive potential for a significant increase in share price if Bryska and board can keep their hands out of the cookie jar and accelerate a pro-shareholder agenda.

Come on Craig! We need some big news for SHAREHOLDERS with earnings!

WTI vs WCP & WTI vs CCCPG