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Veren Inc VRN


Primary Symbol: T.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 Bansheeon Jun 19, 2024 1:07pm
89 Views
Post# 36096232

RE:Newbie

RE:NewbieUnfortunately , more than likely not unless it's in a toilet bowl. I want this stock and all O and G stocks to thrive and make money but this one is in another category.I find it similar to  FC during the 2008 crisis . Altagas under Mr Cornhill misleading institutional and retail investors, and Scott S and the board  aking all those big money mgrs who called it a premier company and a must in your portfolio look like complete NitWits. Only recently is MFC coming back , a dead 15 years for investors , ALA a little quicker but this one is less than a quarter of the highs , a non existent dividend compared to the $2.73 it was and dispite shareholders like Moe and so e others pumping it's attributes , it is going nowhere. Will it survive , yes certainly , will a name change help ,A Big NO , the best scenario is a takeout or a merger with a credible company and MGMT. IMHO
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