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 > Precipice of an epic rally

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Comment by BigJoe778on Dec 06, 2021 8:57pm

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RE:RE:RE:RE:RE:Precipice of an epic rally

I couldn't agree more Redfoxy.............the change at the top really hasn't done much to change the market sediment. Yes.....they're paying down debt but so is every other O&G company in the sector. Suncor opted to pay down debt first before increasing the dividend in Q1 2021 and look at their SP compared to IMO and CNQ.......it never used to lag those 2 like it is now. Market sediment plays a much much bigger role than a lot of the cheerleaders realize.

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