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 > Share Buybacks

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Post by Fishcop69on Oct 31, 2024 11:25am

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Post# 36290620

Share Buybacks

Well, if there was ever a day they should be buying back shares it's today .... and probably tomorrow.

Anyway, if you are an oil bull this looks like an awfully good time to be adding- can it go lower - definitely but if you are patient I think the overall return- dividends + capital appreciation look pretty good at around $7 per share.

Pretty focused management team that seems to have it together.

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