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.

TSX:VRN - Post by User

Veren Inc > CPG very much undervalued

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Comment by Anschutzon May 16, 2022 11:31am

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Post# 34686347

RE:RE:RE:RE:RE:CPG very much undervalued

This has always been the way with CCCPG management and board and why the market discounts everything they say.

Volkomm wrote: Can't really fault them for hedges made in hindsight. It was a very different environment when they were put on. With that being said what they do in the future matters. There should be no hedging in this environment, or only hedging to protect the capital for new wells and infrastructure.

The only issue I have with this company is their share based compensation. Last quarter they issued almost as many shares as they bought. This cannot continue.

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