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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 > Nuttal On BNN Today
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Comment by JohnnyDoeon Jun 02, 2023 4:32am
282 Views
Post# 35476357

RE:RE:RE:RE:RE:RE:Nuttal On BNN Today

RE:RE:RE:RE:RE:RE:Nuttal On BNN TodayWell Moe, let's hope it plays out that way. I've got shares in 5 cdn oil companies. CVE and 4 mid caps. All weighted to oil rather than gassy. 100% agree that balance sheets are strengthening and we should eventually feel the effects of under investment. 

Can't help but think the Americans are going to continue to play SPR games because we'll, you know, Americans deserve to pay less than 4 bucks for a gallon of gas. 

I kind of think summer 2025 we'll see peak oil prices and stock prices to go with them. Get on the other side of their 2024 election and they should ease up on the manipulation early in the term. 

I'm banking on it. I've got about 150,000 shares in my various oil stocks and I'm looking for massive dividend increases and stock prices to be bid up to reflect a 5% yield. 
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