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 > Next gap up 12 bucks !! 💰 💴

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Comment by Anschutzon Mar 07, 2022 11:42am

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Post# 34490783

RE:RE:RE:Next gap up 12 bucks !! 💰 💴

Dividends is why CCCPG was trading where it was 2014 and earlier. Increasing the dividend will take the stock back up and higher.

Some previously die hard tech/green investors I know quietly started moving money out of tech and into energy around Christmas. The same investors that would pooh pooh the idea of investing in energy just 6 months ago. I think we see the share price accelerate higher from here as more investors and firms realize there is more risk owning tech, green and financial companies here. Watching the crush on European banks, it's only a matter of time before US and Canadian banks are impacted.

Moemoney42 wrote: Last time we saw this level of crude pricing was early 2008.. look at CPG's share price ten years ago.. do you think we have room to move higher..?? ;-) ;-)