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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 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

Comment by TheBridgeon Mar 24, 2021 3:40pm
154 Views
Post# 32868477

RE:RE:RE:Craigy its time to increase the dividend

RE:RE:RE:Craigy its time to increase the dividendIf the price of crude stays up and they continue paying down their debt then they could like start considering increasing the dividend next year. The market will reward them if they continue to reduce debt and when the dividend is increased they'll be rewarded a second time.
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