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Bullboard - Stock Discussion Forum
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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TSX:VRN - Post Discussion
Veren Inc
> Honest question
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pissed_investor
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Post by
pissed_investor
on Jun 29, 2022 3:55pm
Honest question
Is CPG down today because there was rumours of a WCP bid - and WCP took it's interest elsewhere? I really don't know. Might be out of the loop. Wouldn't be the first time.
(21)
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Lash99
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Comment by
Lash99
on Jun 29, 2022 4:36pm
No CPG and the whole energy market was down because Powell says there are more interest rate hikes to come. Hang in there as CPG is buying back shares cheaper than yesterday creating shareholder value. Also , wti is still well over $100 so we are making money hand over fist retiring debt and rumour has it that there will be a dividend hike before the financials come out on July 27th. Patience
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