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Veren’s share price plunges as oil producer lowers output forecast

By Financial Post - 2 days ago
CALGARY — Oil producer Veren Inc. saw its share price plunge more than 15 per cent as of mid-day trading Thursday, on news that the company is lowering its production forecast for 2024 and grappling with “under-performance” from some of its wells. The company, which has operations in Alberta and Saskatchewan and used to be […]

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