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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 Sep 26, 2022 6:57pm
218 Views
Post# 34988021

RE:No insider activity

RE:No insider activityYes the Duvernay wells are great producers, but the markets have gone wonky lately.. I read an article on seeking alpha that an analyst thinks Q3-22 will be even better than Q2 numbers as a lot of that new production isn't hedged and production numbers were up quarter over quarter.. I'd venture to guess there is some merit to that thought..?? 
These O&G companies are still generating huge free cash flow even at these levels.. the way their trading lately you'd think they were barely breaking even.. LOL.. crazy times..!!
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