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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 Moemoney42on Jun 02, 2023 11:09am
385 Views
Post# 35476918

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

RE:RE:RE:RE:RE:RE:RE:Nuttal On BNN TodayI hear ya Johnny, I'm overweight in the O&G sector as well.. I do think the macro trend is still intact and the discipline of a lot of management is proving to be accepted as good stewardship, with the shareholder in mind..
Now if we can only get the shysters out of the paper market, which in my mind are skewing the daily/weekly data, we might get that re-rating that Nuttal keeps mentioning..
A cleaner balance sheet should do it..?? IMO keep the production flat or up 1-2% and send that FCF to the shareholders for supporting the companies through these tough times.. 
Good luck with your investments!
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