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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

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Post by vwbusmanon Mar 29, 2023 6:25am
329 Views
Post# 35366288

Back to the old days for CEO's

Back to the old days for CEO's

I am starting to believe none of these CEOs can actually follow through with shunning growth and returning free cash flow to shareholders.

 

Once Tamarack and Baytex started on the growth instead of shareholder priority bandwagon it's making it easier for others to follow and not feel large repercussions.

 

I realize the acquisition of these lands is beneficial to CPG in the long term - however I would really prefer they didn't do it and instead eliminate debt quickly and raise the dividend to something like 10%. This would rerate the stock significantly higher and reward shareholders as they should be rewarded.
 

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