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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 JohnnyDoeon Aug 29, 2023 6:54am
125 Views
Post# 35609314

RE:That you said is pure speculation moe

RE:That you said is pure speculation moe
soundandfury wrote: Lots of hope and speculation ...........the FACTS are no one can say with any degree of certainty what the future holds for cpg .......thats fact 1.
...fact 2 is cpg big debt which has ballooned over 160% in one years time.......looking over the q2 report i never seen one positive metric compared to one year ago........lower everything ....and not just lower by a little ....lower by a lot..........only thing higher is the debt........as for the ND assets......i find it amazing how fast an asset can become useless and non core........how many more cpg assets are useless non core junk i wonders............like everyone knows cpg is just a big dumpster fire

 
Q2 23 being weaker than Q2 22 is not a unique to CPG thing. Oil really spiked last year in Q2. Then you had Europe freaking out about their gas situation and it spiked. Prices for both commodities were significantly lower in Q2 23 than Q2 22 so ya the metrics comparing quarters would be as good. 
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