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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 Moernoney42on Jul 29, 2021 11:05am
113 Views
Post# 33621278

RE:First of all in order to pay a dividend?

RE:First of all in order to pay a dividend?
soundandfury wrote: You must actually have cash in the bank.......cpg has none.......bank balance zero


because they know that they can count on the unwashed masses (shareholders bagholders) to stfu and put up with their BS

they don't need cash. they put all of that money to pay down a purchase that as EIGEN has mentioned will make them money for years to come.

another smart move. done more as a way to f shareholders over than anything else. now. they can say that there is no money in the bank for you smelly shareholders. sorry. we had to use the money elsewhere

you know this sounds like a scumbag that you lent money to and he never wants to pay you back. he says that he is broke while he is seen driving a new car and eating at fine restaurants dressed in expensive suits LOL

see how socialists mindset works SAF?

or are you just another dumb duck like the rest of the idiots on this bb

hahahahahahaaaaaaaaaaaaaaaa
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