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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 Lash99on Feb 28, 2024 2:43pm
235 Views
Post# 35904571

RE:RE:RE:RE:Technical Analysis

RE:RE:RE:RE:Technical Analysis

Anshutz , you sound a little disappointed! Don't worry I agree. Here we go again that we have to focus on paying down debt for the next few years. The difference this time is that we have lengthened our reserves , the company is also paying somewhat of a descent dividend and producing over 200,000 boe's per day can get this company making money right quick if the price of oil goes up. I'm curious about the financials tomorrow but again we have to wait for several more quarters before we see this companies true direction. Glta , I hope we see something positive tomorrow but I am still disappointed with their last purchase. Lash

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