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.

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Veren Inc > So whats the problem with this stock compared to WCP?

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Comment by Marty47on Oct 03, 2024 4:55pm

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RE:So whats the problem with this stock compared to WCP?

Well whitecap has a 1.2b debt as of June so for sure when oil is down veren get hit as whitecap balance sheet stronger also whitecap dividend return a 6.77% with a better balance sheet , both have the same share outstanding , but in a year from now and recent sales of assets Veren will pick up .

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