Veren Inc T.CPG

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

Energy Oil & Gas E&P

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.

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Veren Inc > Realistically how much dividends can CPG pay in 2023?

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Comment by Moemoney42on May 27, 2022 3:52pm

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Post# 34713251

RE:RE:Realistically how much dividends can CPG pay in 2023?

I'd love to see them complete or nearly complete the NCIB by years end and then drop a special divi on the shorters and watch them scramble near years end.. would be poetic justice IMHO.. ;-)

LiquidOctopusV2 wrote: I'll speculate on this - but that's all it is. I say (without a scrap of evidence) that the dividend will, at minimum, double for 2023, to a baseline of $0.135 or $0.14. I wouldn't be surprised, however, if they announce a variable dividend, that will exist over and above the baseline.

JamesT wrote: Given that the debt is level is around $1 billion or under, the bad hedges are off and price of oil stays relatively the same, what would CPG maximum threshold for a monthly divided?

CPG paid $0.23 before and that was when CAD and USD was relatively the same.