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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 > Eric Nuttal on Bnn today at 12pm
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Comment by retiredcfon May 24, 2024 7:14am
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Post# 36055368

RE:Eric Nuttal on Bnn today at 12pm

RE:Eric Nuttal on Bnn today at 12pm
BUY
Veren(VRN-T)
23/05/2024
 
One of his top holdings, a 9.5% weighting. At least 20 years of high-quality inventory. Proven ability to successfully execute. A 10% free cashflow yield at $80 oil is about a $19.57 target price, 70% upside from here.

Eric Nuttall
$11.54
Owned
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Dealroom for high-potential pre-IPO opportunities