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An update from Veren ( (TSE:VRN) ) is now available.
On January 21, 2025, Veren Inc. announced substantial reserve additions for 2024, replacing 173% of its annual production on a 2P basis, predominantly driven by its Alberta Montney asset. The company also appointed two new independent directors, Corey Bieber and Jodi J. Jenson Labrie, to its board, enhancing its governance with their extensive industry and financial expertise. Veren’s strong operational performance and strategic board appointments are expected to support its long-term growth plans and generate significant cash flow and returns for shareholders in 2025.
More about Veren
Veren Inc. operates within the energy industry, primarily focusing on oil and gas exploration and production. The company has significant assets in Alberta Montney and Kaybob Duvernay, contributing to its reserves and production capabilities.
YTD Price Performance: 3.42%
Average Trading Volume: 9,421,882
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $3.44B
See more data about VRN stock on TipRanks’ Stock Analysis page.
