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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

TSX:VRN - Post Discussion

Veren Inc > Also cpg is unable to pay shareholders a dividend
View:
Post by soundandfury on Aug 06, 2021 7:56pm

Also cpg is unable to pay shareholders a dividend

Due to its highly stressed balance sheet......this might never be fixed over the medium term......so best to sell your cpg and buy a better oil company like exxonn
Comment by LiquidOctopusV2 on Aug 07, 2021 7:39am
I'd respond to this by being a parrot for Eric Nuttall: with $60 oil, the company could pay off all its debt and buyback all outstanding shares in under 5 years.  There is no crisis that's big enough to stop this company from moving forward and the management is working so hard to fix the balance sheet that it annoys many of the shareholders who want more than a token dividend. & ...more  
Veren Inc
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