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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

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Post by Barkison Oct 19, 2022 1:52pm
180 Views
Post# 35034173

Q3 Results Out Next Wednesday

Q3 Results Out Next WednesdayQ2 Adjusted funds flow came in at an impressive $1.04 /share

Q3 will come in lighter but I still expect over .50 /cents per share due to lower oil/gas prices

Debt and number of shares outstanding will both be lower - as will interest payable.

I Still expect this thing to go to $12 within days after results if oil is anywhere near $90


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