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 CashHungryon Dec 06, 2021 9:21pm

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Post# 34204579

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

Um... On Dec 31, 2020 CPG was $2.97 and oil was $48.52. Today oil is about $70 ($22.50 higher) and CPG is $6.14 (over double the price at the end of last year).

BigJoe778 wrote: Yes I really think so.....you're basically predicting the stock will double in 13 more months on a $20-30/barrell increase. We've already seen $85 WTI and it couldn't even break $7. Also are you factoring in the hedges for 2022? I realize that they are better for Q1/Q2 however they will still be taking losses for hedging at $90-$100 WTI.

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