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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.


TSX:VRN - Post by User

Veren Inc > Eric Nuttall on BNN says.............
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Comment by Dogsbreakfast4Uon Jun 30, 2022 12:56pm
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Post# 34794237

RE:RE:Eric Nuttall on BNN says.............

RE:RE:Eric Nuttall on BNN says.............

Marty57 wrote: FCF to shareholders is coming IMO.  But first things first... eliminate debt.  Debt likely to be gone by end Q2 2023. What happens then?  Double the dividend and massive share buy backs.  In the meantime, collect the dividend (that is not too bad) and wait for a year.

 

Don't get too excited. They will pull a Whitecap before the end of Q2 2023. 

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