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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 May 27, 2022 3:48pm
203 Views
Post# 34713241

RE:Realistically how much dividends can CPG pay in 2023?

RE:Realistically how much dividends can CPG pay in 2023?I'll speculate on this - but that's all it is.  I say (without a scrap of evidence) that the dividend will, at minimum, double for 2023, to a baseline of $0.135 or $0.14.  I wouldn't be surprised, however, if they announce a variable dividend, that will exist over and above the baseline. 


JamesT wrote: Given that the debt is level is around $1 billion or under, the bad hedges are off and price of oil stays relatively the same, what would CPG maximum threshold for a monthly divided?

CPG paid $0.23 before and that was when CAD and USD was relatively the same. 


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