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Bullboard - Stock Discussion Forum 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... see more

TSX:VRN - Post Discussion

Veren Inc > Same Old Same Old
View:
Post by bonjovi501 on May 10, 2024 8:45am

Same Old Same Old

Loses quarter after quarter.....did not Nutall say these oil companies are cash cows? Change the name but maybe change management.
Comment by mrknight on May 10, 2024 8:48am
The 24Q1loss is a direct result of a hit by a one time non-cash impairment charge related to assets in Saskatchewan it is selling.
Comment by YupnDump on May 10, 2024 9:30am
same old song  "O sole mio...oh sole mio....."
Comment by Moemoney42 on May 10, 2024 9:39am
Seems some here can't read financials.. or at least not understand them.. LOL..