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 > So much for catching up to WCP

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Comment by LiquidOctopusV2on Sep 24, 2021 6:40pm

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Post# 33918151

RE:RE:So much for catching up to WCP

WCP is a great company and is reputed to be the best in the sector. CPG trades a premium because of past missteps. Management needs to "stay the course" and follow the industry meta of returning capital to shareholdrs. That's all they have to do and we'll be trading at an attractive multiple soon enough.

Anschutz wrote: WCP is still the better company. Imagine the differential had CPG not increased the dividend. Bryska needs to ramp up returning funds to investors. Investors are anticipating WCP will increase or pay out a special dividend soon. CCCPG is still clawing its way out of the pit Scamberg dug it into.

JamesT wrote: WCP up over 9% today with no apparant news.

As of 1:30pm, CPG - $5.38. WCP-$6.43

CPG dividend increase did nothing really to decrease the differential between the 2 stocks