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 > Room for dividend increases IMO

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Comment by BigJakeon Oct 17, 2022 4:33pm

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Post# 35029970

RE:RE:RE:Room for dividend increases IMO

Anschutz wrote: Here's and idea... if they want to stimulate investment and attract investment capital amongst Canadians, how about lessening the capital gains and dividend taxes owed on investments in Canadian resource companies.

Anschutz wrote: Andy on BNN this morning seeding guests with biased questions supporting notion that too much of Canada's oil and gas profits are sent to non-Canadian offshore investors. Goes on to state only 25% of Canadians hold and benefit from E&P stock ownership. Like WTF do they expect. Government and media stoke attacks against Canadian resources and Canadian banks/funds support by divesting their holdings.

The question he should be asking is why so little investment by Canadians and what can be done to increase? Of course neither question will ever be asked because Trudeau's agenda is to instead destroy the resource sector, Canada's economy and social programs along with it.

#TrudeauMustGo

Moemoney42 wrote: This quote is from a Fiancial Post report... lots of $ to return to shareholders at some point soon.. IMHO

"Last month, a report from environmental think-tank the Pembina Institute said Canada's oil and gas sector is estimated to earn a profit of $152-billion in 2022 due to the war in Ukraine and the resulting commodity price boom"