Veren Inc T.VRN

Alternate Symbol(s): VRN

Energy Oil & Gas E&P

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.

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Veren Inc > Realistically how much dividends can CPG pay in 2023?

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Comment by JamesTon May 27, 2022 7:25pm

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Post# 34713741

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

I rather they set it as a percentage of free cash flow. It is a good way to show that the share price is undervalued. If they do it by percentage of share price it will ensure the share price movement remain stagnet.

GermanHerman wrote: My guess is that they will set the annualized divy at apx 5% of share price. Assuming a $15 share price in 2023, that would be $0.75 per annum, or say $0.06 to $0.07 per month. Lots of ifs.

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