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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 Redfoxyon Jul 29, 2021 10:24am
77 Views
Post# 33620602

RE:RE:RE:BNN pumping Cdn Energy this morning!

RE:RE:RE:BNN pumping Cdn Energy this morning! MOE- thanks for the note and highlighted pieces.  Is it not a joke that a company pays 1/4 of a cent per quarter?  The administrative cost of paying 1/4 cent per share must be much greater than the dividend?

I guess they can say that they have a "unblemished" record of paying dividends.  Also think of the ammunition that this gives the pumpers when the dividend is moved to 1 cent per quarter..whats that about a 400% INCREASE?

I am sure that the smart pumpers will jump all over this.  Great company, great management, but they are like pigs at the feeding  trough!

for the pumpers out there...please dont tell me to sell and move on as you are providing lots of entertainment through your "rose glasses" posts.
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