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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 Lash99on Apr 09, 2022 11:50pm
324 Views
Post# 34591431

RE:RE:RE:RE:RE:Craig on BNN

RE:RE:RE:RE:RE:Craig on BNNA total catch 22 here. You start increasing the dividend payments now you dilute the total income for us shareholders over the entire share base. There is a formula to make it reasonable. As for those that think that the company isn't returning dollars to the share base then what is the retiring of $150 million dollars worth of shares ? You increase the dividends now and the share price goes up costing us the shareholders more in the long run as the company retires less shares and you spend more monies paying out dividends.  Patience is required here , we have a 2-3 percent return re the dividends and what do you have if you left your money in the bank ? Oh about the same but you pay less tax on dividends and then there is the possible capital gains. There is something going on behind the scenes that we don't know about. My left you know what is tingling. We saw it last year when they bought the Duvernay , we are also starting to here rumours of Repsol which makes sense. Theories are always welcome , whining , well you may as well short the stock ! Glta. Lash
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