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 > Take Advantage

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Comment by Moemoney42on Jun 21, 2022 11:31pm

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Post# 34772955

RE:RE:RE:RE:RE:RE:RE:Take Advantage

I think both you guys are confusing CPG and VET.. VET had the 23 cent/mo. divi, while CPG's divi was 10 cents/mo. until they dropped it to 3 cents/mo.. early 2016..

Luckyguy777 wrote: I remember the 23 cents per month. Maybe we will get back there. Based on Q1 data cash flow from operations was about $3 per share. If debt is gone, hedges falling off and capital investment decreasing, we might not be that far off.

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