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Veren Inc T.VRN

Alternate Symbol(s):  VRN

Energy Oil & Gas E&P
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 Montney, Shaunavon and Viewfield Bakken. Its Kaybob Duvernay is situated in the heart of the condensate rich fairway, Central Alberta, which provides low risk drilling inventory. Its Alberta Montney assets sit adjacent to its Kaybob Duvernay lands, possessing similar resource characteristics including pay thickness and permeability in the volatile oil fairway of the reservoir. Its Shaunavon resource play is located in southwest Saskatchewan. The Viewfield Bakken light oil pool is located in Saskatchewan.


TSX:VRN - Post by User

Veren Inc > Little doubt a dividend would raise the sp 2.00
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Comment by Moemoney42on Feb 03, 2021 4:14pm
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Post# 32461671

RE:RE:RE:RE:Little doubt a dividend would raise the sp 2.00

RE:RE:RE:RE:Little doubt a dividend would raise the sp 2.00I'm going on the record today to say the divi will be increased in the 3rd quarter by 100% to 1/2 cent/quarter... then another 100% increase in the 4th quarter 2021 to 1 cent/quarter... will management throw the shareholders a bone this year.. I feel confident about small slow increases..?
Bpultra wrote: 100% agree every reverse split I have been in has not worked out... bad luck for me those things!!!.. just increase the div... I am hoping these dumbs make a surprise ann. during the next update ... they sure screwed up on NCIB.... so know one trusts these guys right now..
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Anschutz wrote: I say nay to a reverse split. Management has been shown they cannot be trusted with shares. Way to easy for them to justify issuing more shares a year or so later once most have forgotten a reverse split occurred.  Nope... financial prudence is what shareholders expect and deserve.

CdnOilObserver wrote: Raising the dividend, and NCIB will suprise the shorts and make it more expensive a stock to short.  With over 500,000,000 shares and minimal dividend it is a very cheap stock to short.  Another idea is a reverse split 2:1, a stock over $5.00 increases it's margin-ability, and option-ability - both make it more tricky when shorting.

 




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