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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

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Post by BigJakeon Jan 23, 2025 12:39pm
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Post# 36417269

Inventories

Inventories API - 1.0 mbrl build YTD - 7.064 mbrl draw 
EIA - 1.017 mbrl draw YTD - 5.116 mbrl draw 
WCS - 63.08 WTI DIFF - 14.80
 
Inventories are pretty much flat this week but the differential between WTI and WCS is up almost 3 dollars. Wti still around 75 dollars but it appears stocks will struggle until there is some clarity around tariffs. Unfortunately Mr Trump can drag this out for months if he wants. GLTA Longs 
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