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.

TSX:VRN - Post by User

Veren Inc > Q3 results

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Comment by ascii2on Nov 02, 2023 10:48am

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Post# 35713478

RE:Q3 results

They are firing on all cylinders.

1. Cash flow over 1 Billion
2. Repurchased 28.1 million shares for cancellation.
3. Reduced net debt by 700 million dollars
4. devidend for the year 40 cents regular plus 6.5 cents special dividend
5. 60 percent excess cashflow back to share holders.
6. Well deciplined approch towards all aspects
7. book value as of June was $9.35 USD now it must be higher after one more quater.Trading below book value.
https://www.gurufocus.com/term/Book+Value+Per+Share/CPG/Book-Value-per-Share/Crescent-Point-Energy-Corp
8

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