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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 dart321on Dec 19, 2024 11:41am
185 Views
Post# 36370392

Dividend PE ratio

Dividend PE ratiolooks solid with earnings at 76 cents per share and the divy at 46 cents for a 7.11% return. For retired oldtimes that is like candy in a jar. Oil would have to fall substantially for that to be reduced I suspect. Prez Musk and his chief of staff trump could change things in a hurry with oil tariffs. So we sit and wait and keep collecting that nice fat divy. 
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