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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 wizthewizon Jul 31, 2022 8:30pm
439 Views
Post# 34863482

RE:RE:O&G stocks

RE:RE:O&G stocksAgree. This is all looking great on the face of it (and its been a gravy train since CVE bought out Husky), but will all the promises for increased and special dividends actually happen? I have a significant position in CPG, CVE and others but really see the bounty in increased SP that will rise and fall with the price of WTI (ie, supply and demand and maybe even demand destruction if prices really increase), not hanging out waiting for dividend payouts. I'm taking my money off the table, and maybe do a little dividend capture to sweeten the reward! But buy and hold? All that does in this environemnt is get you to take your eyes off the ball. BOL
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