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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 soundandfuryon Mar 29, 2023 7:55am
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Post# 35366394

Return of capital framework

Return of capital frameworkCpg dividend yield is better than.  imo.   Su.    Cnq.      They bought back 28 million shares last ncib and got approved to buyback 56 million shares in the renewed ncib..........cpg also throws in the odd special dividend throughout the year.............60% of excess free cash is allocated to the above................as far as the spartan deal..........this property is even better than the duvernay..........
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