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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

Post by NobleHouseon Jul 20, 2024 2:32pm
240 Views
Post# 36141287

Spurwing

SpurwingGet the picture , you asked a very valid question and there were 4 replies , 3 off topic SH supporters , maybe 2 and only one removed for actually giving a reason , that was removed for off topic not 2 others completely off topic as well. I will comment on VRN not that it will make any difference as CM is on a roll today removing 3 of mine .Personally , l lost faith in both VRN and VET when both with similar dividends cut them to zero or near enough.Over half a decade later neither are a shadow of their precut Divy SP. I like some can probably remember when every Street Fund Mgr pounded the table about VRN , ex CPG stating categorically that it should be in every investors portfolio.Ever hear one of them ever say sorry or we were wrong.Nope and you never will as investors prepared to pay them for mistakes have short memories and apologises are bad for business.You can change mgmt and a name but unfortunately it is just the same old same old.Just look at some of the moves others in the sector have made or even if not much better a dividend that VRN  SP would have to go up by 5% or more just to break even. The promises of tomorrow have been going on for years but it's always the same , Next Month.
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