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 > Cpg is like a jet ready for takeoff?

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Comment by JamesTon Jun 11, 2021 10:53am

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Post# 33371974

RE:RE:Cpg is like a jet ready for takeoff?

What's their debt/cf now?

LiquidOctopusV2 wrote:
RBC reports that CPG will not apply the dividend until they hit a 1:1 on debt/cf. Don't get too impatient for that.

https://pbs.twimg.com/media/E3eFknaXMAYpb10?format=jpg&name=4096x4096

soundandfury wrote: The captain and co pilot have done the wing flap thing and are just waiting for instructions from the control tower that they are ready for takeoff......in my analogy the control tower is the cpg board of directors giving the go ahead with a nice juicy dividend hike........but they are still evaluating the wind and weather and makeing sure there is no other companies in the area before they give the go ahead to apply thrusters.........what is takeing so long the pilot says......"tower do you copy this is captain poorfellow please reply"