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 > Buy the weakness

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Comment by Moemoney42on Nov 16, 2021 11:29am

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Post# 34132006

RE:Buy the weakness

I agree also with that guests take.. and then you have Mike McGlone on BNN this morning talking BS about oil prices struggling to maintain these levels and going down.. aside from daily wobbles that $80 WTI price is holding and I suspect OPEC+ will maintain that level as best they can.. that's a healthy level for profitability..

Anschutz wrote:
I agree with this take on where the price of oil is going both short and longer term. If Biden releases oil from the SPR, I'll be buying the dip. In two months time we'll be through seasonal flu season and the current covid fear mongering will wane. Talk will instead be of winter vacations and gearing up for a spectacular summer driving season.