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 > Time to burn the shorts here!!

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Comment by Moemoney42on Feb 04, 2022 2:18pm

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Post# 34398825

RE:RE:RE:RE:RE:Time to burn the shorts here!!

I show a P/E of only 2.27 currently.. lots of room to move up IMHO.. 3 might have been the number at the height of the day today..?? IMHO it should be trading at a P/E of at least double the 2.27 to 5.4

JTDOUBLE wrote: PE ratio of 3..

It is very cheap considering the earnings potentials with rising oil!!

Travis Wood from National Bank raise price target yesterday at 15.50!!