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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 > A touch of a disconnect
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Post by SmokeyOBon Jan 04, 2024 2:54pm
299 Views
Post# 35811096

A touch of a disconnect

A touch of a disconnect
Haven't posted in a while I am still in shock over the latest acquisition. I am still down about 2 bucks a share on that one. But why is this down 4x's oil today.  Looks like a disconnect.  My view is if oil doesn't recover CAPEX will be decreased substantially. Thoughts?
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