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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 ChickenLittle13on Nov 12, 2021 5:41pm
170 Views
Post# 34121863

RE:RE:Ovintiv Inc

RE:RE:Ovintiv IncOk so what will the market think of this? This means more debt and less immediate return to shareholders. Sure they might be great assets, but why invest money here if other names are paying out 10% dividend and buying back shares next year. Conspiracy theory is sound and I thought it was very weird CPG didn't commit to any substantial dividend or buyback and actually jd strategic acquisition near he top of their oct presentation under future FCF uses. 
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