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 > Updated targets from RBC/Stifel

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Comment by Anschutzon Mar 04, 2022 8:47am

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Post# 34482425

RE:Updated targets from RBC/Stifel

Oil demand rising, oil inventories heading lower, Inflation raging and Canadian E&Ps gushing cash flow and paying dividends are still down 50% from 2014. These revised targets are a joke. Shares of all Canadian E&Ps should be at least 3x higher from current prices.