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Bullboard - Stock Discussion Forum Veren Inc T.VRN

Alternate Symbol(s):  VRN

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... see more

TSX:VRN - Post Discussion

Veren Inc > Little doubt a dividend would raise the sp 2.00
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Post by soundandfury on Feb 03, 2021 2:16pm

Little doubt a dividend would raise the sp 2.00

Only way to entice the big investors back.........but a good dividend policy is make it a percent of free cash flow........craig b its not rocket science......why dont you wake up craig b and do something?
Comment by CdnOilObserver on Feb 03, 2021 2:30pm
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.
Comment by Anschutz on Feb 03, 2021 2:54pm
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.
Comment by Bpultra on Feb 03, 2021 3:06pm
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.. ============
Comment by Moemoney42 on Feb 03, 2021 4:14pm
I'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..?
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