Bullboard - Stock Discussion Forum 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... see more

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TSX:VRN - Post Discussion

Veren Inc > First of all in order to pay a dividend?

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Post by soundandfury on Jul 29, 2021 10:56am

First of all in order to pay a dividend?

You must actually have cash in the bank.......cpg has none.......bank balance zero

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Comment by Moernoney42 on Jul 29, 2021 11:05am

because they know that they can count on the unwashed masses (shareholders bagholders) to stfu and put up with their BS they don't need cash. they put all of that money to pay down a purchase that as EIGEN has mentioned will make them money for years to come. another smart move. done more as a way to f shareholders over than anything else. now. they can say that there is no money in the bank ...more

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Veren Inc