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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 Aurum1983on Jan 12, 2023 11:39am
165 Views
Post# 35218552

RE:RE:the only way

RE:RE:the only waymay be so...but may be not. Look at the cannabis stocks....they learned their lessons and did not pile back into it.

With the elevated interest rate they really have no choice but to put money in companies with real return.

The short data suggests that short run is over and they have started covering in late december and early January. Should pick up steam as China continues to reopen and normalize. Just hold and make them pay for it. Be happy with the dividend (and the eventual pop in SP) as you won't do better elsewhere.


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