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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 Jul 27, 2022 4:52pm
422 Views
Post# 34855041

RE:RE:RE:CEO

RE:RE:RE:CEOThe share price has moved from a low of $3.67 to a high of $13.74 in the last year..! Crude has been over $100 for 5 months now.. they have paid off a HUGE chunk of debt.. the company has a greatly improved balance sheet.. they're increasing divi's.. talking about a "special" divi as well..! I can wait a couple more quarters if neccessary.. but if you need to pay the rent/buy groceries.. I suggest you take your profits, if you have any and move on to something you like..? If you don't have profits.. well I guess that's on you.. :-/
mbuch wrote: How many quarters with $100 oil and record profits should investors be patient with this stock?



Moemoney42 wrote: Wow.. the children can be soo impatient.. bunch of negative nellies here today.. LOL..
angelnicky wrote: MUST step down or take cut in pay
stock one of the worst performers during high oil prices
board of directors must wake up

 




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