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 > Eric Nuttall on BNN says.............

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Post by darb on Jun 30, 2022 10:46am

Eric Nuttall on BNN says.............

..............he wants to see 75% of FCF going straight to the shareholders. I hope Brykstra is listening!

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Comment by Marty57 on Jun 30, 2022 11:28am

FCF to shareholders is coming IMO. But first things first... eliminate debt. Debt likely to be gone by end Q2 2023. What happens then? Double the dividend and massive share buy backs. In the meantime, collect the dividend (that is not too bad) and wait for a year.

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Comment by Dogsbreakfast4U on Jun 30, 2022 12:56pm

Don't get too excited. They will pull a Whitecap before the end of Q2 2023.

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Comment by Jonny2fingers on Jun 30, 2022 1:10pm

I look forward to seeing their plan for FCF going forward. I understood that they would be releasing that imminently. Once they meet their debt target of $1.3B, I believe they plan to decrease % of FCF going to debt and increase % going to shareholders (through share buy-backs and increased dividend). The question is, by how much and how does it vary based on $WTIC? Their ...more

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