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Bullboard - Stock Discussion Forum 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... see more

TSX:VRN - Post Discussion

Veren Inc > Cpg is like a jet ready for takeoff?
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Post by soundandfury on Jun 11, 2021 9:10am

Cpg is like a jet ready for takeoff?

The captain and co pilot have done the wing flap thing and are just waiting for instructions from the control tower that they are ready for takeoff......in my analogy the control tower is the cpg board of directors giving the go ahead with a nice juicy dividend hike........but they are still evaluating the wind and weather and makeing sure there is no other companies in the area before they give the go ahead to apply thrusters.........what is takeing so long the pilot says......"tower do you copy this is captain poorfellow please reply"
Comment by Backinblack1000 on Jun 11, 2021 9:16am
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Comment by iownbmw545 on Jun 11, 2021 9:21am
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Comment by JamesT on Jun 11, 2021 10:46am
Maybe the control tower are full of people who are secretative, lacks communication, overpaid, entitled, and can care less if the jet takes off or not.
Comment by LiquidOctopusV2 on Jun 11, 2021 10:47am
RBC reports that CPG will not apply the dividend until they hit a 1:1 on debt/cf.  Don't get too impatient for that.  https://pbs.twimg.com/media/E3eFknaXMAYpb10?format=jpg&name=4096x4096
Comment by JamesT on Jun 11, 2021 10:53am
What's their debt/cf now?
Comment by Backinblack1000 on Jun 11, 2021 10:56am
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Comment by iownbmw545 on Jun 11, 2021 11:01am
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Comment by DeerJericho on Jun 11, 2021 3:15pm
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