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

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Post by Bombastic2018on Jun 08, 2023 10:53am

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Post# 35486432

What the future holds

Been in CPG a few years. Ride the lows of $1 and change a few years back and currently average a bunch at $5. Do I sell? I'm collecting a decent dividend, but also want to put some of this money to work elsewhere. What will COG be at in 6 months? I feel like tailwinds should kick in for oil soon: cutbacks from Saudis - SPR buybacks by US. Hoping for $13+ In next 6 months.

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