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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 Lash99on Nov 23, 2022 12:27pm
154 Views
Post# 35122342

RE:RE:Wait to sell !!

RE:RE:Wait to sell !!I agree with you Carlito ! I think he blabbers just to read his own posts. We can all speculate all we want as it doesn't contribute anything to the board. However he had a question in there so let's give it a try , " why is the share price so high when the price of wti is in the 70's " ? Or something like that.  Crescent Point is making money hand over fist at these levels and will make money in the $55 wti range as well. They have a low PE ratio, the Company is on an aggressive buy back program , the Company hedges a percentage of the production and this industry is currently in favor of profitability. They also are giving a fair dividend. Have I forgotten anything ?
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