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.

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Veren Inc > Little doubt a dividend would raise the sp 2.00

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Comment by CdnOilObserveron Feb 03, 2021 2:30pm

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Post# 32460445

RE:Little doubt a dividend would raise the sp 2.00

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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