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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 DaveInvestor59on Dec 15, 2021 11:25am
132 Views
Post# 34232870

RE:RE:RE:RE:RE:Poof and like magic ...drops again!

RE:RE:RE:RE:RE:Poof and like magic ...drops again!With all due respect that's exactly what I was saying LOL. I didn't say Crescent Point was a pipeline company. Obviously it's an oil company. I was just making the point that the pipeline companies have not lost their valuations to the same extent as smaller cap oil companies did. And I think it reads that way because I never made direct reference to any other pipeline company names except Canadian Natural Resources. This drop of Crescent Point today is again ridiculous. WTI is down less than a dollar this morning, but these energy stocks are dropping in big chunks every day. If it's mostly because of the omnicron variant then I think it's probably time to get out for now, because this decimation of energy share prices may go on for awhile.
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