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Veren Inc T.VRN

Alternate Symbol(s):  VRN

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

Comment by Lash99on Nov 20, 2021 11:18am
292 Views
Post# 34149307

RE:RE:RE:RE:RE:RE:Patience my fellow investors.

RE:RE:RE:RE:RE:RE:Patience my fellow investors.Sorry to hear that. I don't know if there will be much Tax loss selling this year but the combination also of Biden releasing a few barrels could put a little downside pressure on the stock. However we all know that the CPG Team actively hedges. So with that being we should see something pretty positive in the next 2 releases of their financials , maybe a dividend increase . I'll also bet that if we are at these levels or lower they will participate heavily re the NCIB but not until the third quarter when the price is typically cheaper. 
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