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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

Comment by Alpha72018on Oct 31, 2024 3:46pm
170 Views
Post# 36291196

RE:TD has just updated its research on VRN

RE:TD has just updated its research on VRNTake caution on price targets for this or any other company. Look back on prior targets set by whatever bank for x,y,z company and see how many have actually materialized. Know why you're investing in this company (yes, the market always over/undershoots, but it's cheap for a reason) vs other companies that currently have less risk, better metrics, etc although more expensive (again, for a reason). All depends what your timeline is of course.
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