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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 Rational43on Dec 28, 2021 1:19pm
297 Views
Post# 34265717

RE:RE:RE:Up 30% in 8 Days, Why?

RE:RE:RE:Up 30% in 8 Days, Why?The two most undervalued mid caps per all metric analysis are VET and CPG.  Both are leading the sector over the past month.  

Not that great of mystery.  

Each needed a catalyst, and for VET is was Europe NG, for CPG it is the Duvernay and increasing production for '22 with no Capex increase (cause of the Duvernay).

As the reality of the energy bull market goes on, more fund money will be looking past the handful of names they know, and looking into the smaller names {like VET and CPG} they don't know.  

Eventually it will trickle to the even more undervalued small cap names OBE, SGY and ATH.

Enjoy the ride, and thanks to the Americans for knowing way more about energy than the Bay Street Bitc.es
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