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 > Dividends & Cash Flow

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Post by CdnOilObserveron Feb 12, 2021 4:51pm

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Post# 32556085

Dividends & Cash Flow

Outstanding Float: 550,000,000

3% Dividend at $0.12/share annually: $66,000,000

At this WTI Price, depending on what they have already hedged for, a 3% dividend and NCIB is a MUST.

Or.... Another company will come along and buy the company out at 20% above the share price, fire the management, and take the assets.

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