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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 Dogsbreakfast4Uon May 06, 2022 9:50am
350 Views
Post# 34661754

RE:We are clearly in an oil bull market

RE:We are clearly in an oil bull marketThey need to have a major announcement next week saying they intend to give the majority of the FCF to shareholders. For the management and Board that is a very hard thing to do as they view the company as their own personal property. If they only raise the dividend by a few pennies and say they will see what they will do later this year the market is going to punish us shareholders even if we are not responsible for that decision. 
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