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Veren Inc T.CPG


Primary Symbol: T.VRN Alternate Symbol(s):  VRN

Veren Inc., formerly Crescent Point Energy Corp., is a Canada-based oil and gas exploration company. The Company is engaged in the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its crude oil and natural gas properties and related assets are located in the provinces of Saskatchewan, Alberta and the United States. Its operating areas include Viewfield area of southeastern Saskatchewan; Shaunavon resource play, which is located in southwest Saskatchewan; Flat Lake play, which is a multi-zone resource play located in southeast Saskatchewan; Kaybob Duvernay play, which is situated in the heart of the condensate rich fairway, Central Alberta, and Montney assets in Alberta. Its wholly owned subsidiaries include Crescent Point Resources Partnership, Crescent Point Holdings Ltd. and Crescent Point U.S. Holdings Corp.


TSX:VRN - Post by User

Comment by Lash99on Apr 09, 2022 11:50pm
312 Views
Post# 34591431

RE:RE:RE:RE:RE:Craig on BNN

RE:RE:RE:RE:RE:Craig on BNNA total catch 22 here. You start increasing the dividend payments now you dilute the total income for us shareholders over the entire share base. There is a formula to make it reasonable. As for those that think that the company isn't returning dollars to the share base then what is the retiring of $150 million dollars worth of shares ? You increase the dividends now and the share price goes up costing us the shareholders more in the long run as the company retires less shares and you spend more monies paying out dividends.  Patience is required here , we have a 2-3 percent return re the dividends and what do you have if you left your money in the bank ? Oh about the same but you pay less tax on dividends and then there is the possible capital gains. There is something going on behind the scenes that we don't know about. My left you know what is tingling. We saw it last year when they bought the Duvernay , we are also starting to here rumours of Repsol which makes sense. Theories are always welcome , whining , well you may as well short the stock ! Glta. Lash
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