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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 Marty57on Sep 22, 2021 12:17pm
213 Views
Post# 33898598

RE:Simply put if cpg paid 3 cent per month divi

RE:Simply put if cpg paid 3 cent per month divi
3 cent/month div (or more) is probably coming S&F.  Debt is being reduced to beat h3ll at present, and will soon be at a level where more FCF can be returned to shareholders.  The debt objective is clearly within sight.   Oil prices continue to be strong and might get even better.  Just have to be patient for 6 to 12 months, and then either collect the higher div or sell at a higher sp than now.
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