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Veren Inc 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

Post by filefishon Sep 11, 2022 6:49pm
346 Views
Post# 34955478

Return of capital framework needs updating - 9/11/22

Return of capital framework needs updating - 9/11/22https://www.crescentpointenergy.com/invest/news/crescent-point-increases-quarterly-dividend-provides-updated-return-capital-framework
Last update was 7/6. Lots of events happened since then including significant $'s received on  non core asset sales, reduced WTI price levels affection debt reduction targets and share buybacks which have increased significantly. Framework needs updating.
Would be nice to know what the current share count is and what the current net debt is without waiting for another 5-6 weeks for the Q3 report. 
As Nuttall likes to comment - we the shareholders have suffered for years - now its time for us to get paid.
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