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.

TSX:VRN - Post by User

Veren Inc > Oil prices will surge to $100 this year, Goldman Sachs warns

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Comment by dandu1924on Jan 20, 2023 1:52pm

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Post# 35236064

RE:RE:RE:Oil prices will surge to $100 this year, Goldman Sachs warns

And about their dividend, before 2015 CPG paid .23 a month dividend or $2.76 a year with a big debt on their back, so I don't see why they can not do the same again with a better balance sheet and during this bullish cycle for those next 4 or 5 years.

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