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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 Apr 22, 2022 10:58am
164 Views
Post# 34623682

RE:Looks like a pull back to the $8s again.

RE:Looks like a pull back to the $8s again.Hard to say.. could happen briefly.. I think the fear mongers will have their day today.. then next  week I'm predicting a move back up.. remember.. most of these O&G companies have their debt faciltiies locked in for years at the lower rates.. many of them will have little to no debt in a few years if prices hover this $100 mark.. macro factors (aside from a reccession) are leaning to support for oil prices.. being a betting man.. I'd say the industry as a whole is looking fairly good going forward.. JMHO.. do you're own DD.. 
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