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.

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Veren Inc > Don’t waist your time

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Comment by JohnnyDoeon Nov 07, 2023 6:36am

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Post# 35720844

RE:RE:RE:RE:Don’t waist your time

filefish wrote: JohnSP, sorry I missed that statement on the PR in first reading. I do remain sceptical. But will look to the market reaction of the stock price in the next couple of days and decide what to do with my shares.

The markets have reacted negatively to most mergers

This merger features immediate increases in share metrics and an enhanced dividend

But I think the market reacts negatively

I do have some concern though about serial acquirers/disposers because as a shareholder it's difficult to settle in on what you own

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