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.

TSX:VRN - Post by User

Veren Inc > $100 Oil Bets

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Comment by DaveInvestor59on Jan 19, 2022 10:32am

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Post# 34332498

RE:RE:RE:RE:$100 Oil Bets

Oil companies such as Crescent Point are not even close to the valuations they should be at when WTI is at $85.00 plus. There is no reason why the shares should be falling two days in a row on higher WTI unless they are being manipulated somehow. This seems to be happening across the board, and doesn't make sense unless I'm missing something. Retail investors don't normally sell off stocks when the sector is performing well.

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