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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 LiquidOctopusV2on Jan 14, 2022 10:59am
121 Views
Post# 34316825

RE:Their free cashflow projections

RE:Their free cashflow projections The issue that I need to see shake out is the how capex will be handled.  Because it's harder for oil companies to secure financing, they have to reserve cash for capex.  My enthusiasm is not diminished in the face of this question but it might cut into the FCF projection. 

soundandfury wrote: @75.00 wti they are projecting $1 billion additional free cash flow before dividends every year for next 5 years............by year end 2026 they are projecting $5 billion free cash flow............lets call it $10.00 per share fcf .......lol......the best part is that by 2026 cpg will be debt free and possibly debt free by 2024 and all that cash flow will go directly to shareholders........imo


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