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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

Post by soundandfuryon May 05, 2023 10:07am
215 Views
Post# 35432733

They should stop buying back shares

They should stop buying back sharesThere is nothing to gain of significance in reduceing share count...........put that money either into shareholders pockets or pay down the debt............many oil companies have alot more shares outstanding and besides we i mean us shareholders never know what the future holds......like maybe they wanna buy wcp for example and they decide to issue 100 million shares to do it.......there goes cpg share count higher again.......but once money is in shareholders pockets they cannot get it back.......that is why they dont increase the divi.....imo
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