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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 Moemoney42on Mar 08, 2022 10:32pm
204 Views
Post# 34498010

RE:RE:Stocks underperforming Oil price:

RE:RE:Stocks underperforming Oil price:I mentioned this last week and heard someone on BNN (I think) comment on it as well today, that there is alot of margin calls being made in the metals complex due to huge spikes in things like nickel.. its very possible these traders have to sell some winners to satisfy those margin positions.. wouldn't surprise me for CPG be one of those targeted, as it trades on both sides of the boarder..?? JMHO
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