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

Bullboard Posts

Comment by check737on Jan 08, 2015 10:32am

156 Views

Post# 23297803

RE:RE:RE:Yield rapidly falling

ronaldco wrote: Just because the yield is falling, that doesn't improve the financial of the company. But CPG does need a higher share price if they will continue issuing shares for dividend or acquisitions

The share price up $1.78 today is because they said they would maintain the dividend.

Their shares will be more valuable to trade for aquisitions that they will get at huge discounts.

The financial health and the hedge book is as strong as any in the industry.

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