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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 Marty57on Dec 11, 2022 12:51pm
311 Views
Post# 35164731

RE:RE:RE:RE:CEO on BNN

RE:RE:RE:RE:CEO on BNN
Your analysis looks good to me JohnSP. I might venture a step further and say maybe the $.91/share wil be split $.68.share for NCIB and $.23/share for special dividends.  That would definitely make me happy.
Again though, oil price is a huge wild card. If my hunch is correct and wti oil price is closer to $100/Bbl next year, the results will be shocking good.
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