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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 > CPG is one - maaaaaybe two dividend hikes from surging
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Post by Bombastic2018 on Jan 10, 2022 1:29pm

CPG is one - maaaaaybe two dividend hikes from surging

This is how I feel, based on oil maintaining this range. Two small hikes and its go time for this stock
Comment by JohnnyDoe on Jan 10, 2022 5:44pm
Recent notes say 11% of fcf is going to dividends. If fcf remained constant, they could triple the dividend and only use 33% of fcf. Then if you consider the possibility of rising fcf, that tripling might only be 25% fcf in 2023. These cdn mid caps are exploding with fcf and it's going to be an interesting ride over the next two years
Comment by TheBridge on Jan 11, 2022 11:06am
I'm personally hoping for two more big payments to reduce the debt further,  increasing the kids allowance can come after that.
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