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 > 80.30 -0.56 (-0.69%)

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Comment by Moemoney42on Nov 04, 2021 11:50am

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Post# 34087098

RE:RE:RE:80.30 -0.56 (-0.69%)

Bpultra wrote:

Moemoney42 wrote:

Bpultra wrote: wow that didn't ast long .. so cpg will go below $6 now .. but how far

Ya BP.. all those "bullish" comments by schoolinmoe were wrong again...guess the market wasn't paying attention to him.. LOL..
I'd say we see the price hover around the $80 mark for a while.. which in reality is not a bad place to level off for a while I'd say... ;-)

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If oil holds$80 the algo's I think would support $6 CPG

Agreed.. and if my prediction of another divi increase in Q2-22 comes to fruition we can see that $7 target easily.. maybe even $8.. after all many analysts have much higher targets than mine... ;-)

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