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.

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Veren Inc > Oil up, results out and this is red...

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Comment by Moemoney42on Oct 26, 2022 11:33am

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Post# 35049849

RE:RE:RE:Oil up, results out and this is red...

Although I'll take the special divi with a smile.. I'm not overly concerned about today's knee jerk reaction, I'm looking out a few years like management is, and I like what I see... ;-)

Anschutz wrote: Nice reversal after all the 'sell the news' investors left. So glad I didn't sell yesterday and then again almost this morning after the earnings release. Still not happy about the lack lustre dividend they announced but cest la vie.

Anschutz wrote: Looks like investors and funds were holding out to this morning for the earnings release. No increase to dividends and a pittance of a special dividend clearly are not enticing enough to stick around. Especially when there are friggin GICs paying more than 4%. Going to be a rough day and rest of the week. GLTA.

mbuch wrote: Hmmm

Markets sure don't like whats going on.

Was hoping for a better pop in price to exit, but this may be all I get.