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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

Post by Bansheeon Jul 26, 2024 4:42pm
365 Views
Post# 36150563

Baranja

BaranjaCouldn't have said it better myself. I saw Craig's interview on BNN and what a joke , still spouting the same line as Scott did , remember him , the CEO and his Protege who took this once street darling from $45 odd bucks to this whopping good share price while cutting the div by 90 plus percent. The only winners are MGMT that enjoy their perks and over the top salaries and again you are correct , they were never and will never be aligned with Shareholders that bought into  their garbage. I used to own a small position in this dog but got out , with a tiny profit of 51 cents a share for a dismal return , but thats better than those who are prepared to listen to , just watch next quarter or the next half or 5 years down the road . It will never materialize , the only thing this mgmt did was a name change to some stupid , Veren , what's a Veren. What the bagholders here need is a pep talk by one who knows , Moemoney , he has the inside track and has been a poster boy for VRN going way back. I don't know if he can move the needle on a company that has underperformed it's peers but his input can't hurt either.
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