Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Anschutzon Mar 03, 2022 7:05pm
183 Views
Post# 34481204

RE:Well thats ambitious

RE:Well thats ambitiousWell I won't hold my breath. This crew has NEVER bought back anywhere near the amount of shares they say they are buying back. A better guage would be to look at the amount of shares they will gift to themselves through the overly generous compensation plan.  That will provide a better indication of what they actually intend to buy back.

soundandfury wrote: I must admit i just now read the earnings release..............i think the thing that caught my attention was ........they said they plan to reduce net debt from $2 billion to $1.4 to $1.3 billion in six months time..............this means by end of june they will have paid 600 to 700 million debt payments ........this is $100 million per month..........this along with another $90 million share buyback also by end of june........so far they have been pretty accurate with their guidance........i think if they can accomplish the above we will all be happy come summer 2022 ......lol


<< Previous
Bullboard Posts
Next >>