RE:National Bank VRN Q3Agreed Tolly.. Veren has become a show me story since the last big acquisition, that the can and will pay down that debt.. they've been doing an excellent job this year and if they can maintain the momentum this stock should pop..??
This wobblieness in crude pricing surely doesn't help but they have some decent hedges in place to assure the projections can be met IMO.
I'm patiently collecting the divi while it plays out.. ;-)
With the divi running about mid range of all the O&G stocks I follow, I'm happy with the current 5.2% yield..
Cranking out some of the best wells in their new plays doesn't hurt either..!!