Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

<< Previous
Bullboard Posts
Next >>
Post by soundandfuryon Aug 26, 2023 8:41pm
278 Views
Post# 35606976

Without furthur acquisitions by cpg

Without furthur acquisitions by cpgIt will take at least 1 year from close of the sale to replace the lost production from ND.........discretionary fcf will suffer and operating netbacks due to less bpd funding the expenses of the company.........ND production accounts for over 1/8 of cpg production....so shareholders can expect a corresponding decrease in free cash......free cash is what pays the dividend and when you lose $1.00 of free cash...you lose 50 cents that could have gone to shareholder by way of divi...............i expect $150 million less fcf for 2024 unless cpg buys more assets to at least keep production flat
<< Previous
Bullboard Posts
Next >>