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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 Anschutzon May 05, 2023 7:01pm
204 Views
Post# 35434070

RE:Oil is back...

RE:Oil is back...Today's uptick was on below average volume and within a tight range. Hard to say if oil is back and sp trend is up.  Let's see what happens next week. If price of WTI doesn't trade significantly higher and instead hovers here, I think we see CPG shareprice creep up as we approach earnings release.

If it plays out this way, I'm guessing the sp goes lower (as it almost always has in the past) whenever there's an earnings release.
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