Veren Inc T.VRN

Comparables

[soundandfury]

Cpg just needs to increase its divi by 5 cents per quarter which would ba a 50% increase from current level.............this would put cpg on par with wcp and ark and increase cpg share price substantially from current levels..........simply put if cpg wants a higher share price they need to do something constructive.......cpg has the necessary fcf to accomplish this miraculous feat.........all thats lacking id the guts to actuallly do it........its time imho

[Anschutz]

I agree it's time. I just don't see them doing it.  Especially with the pending increase already baked in this coming April. It's clear whenever they have announced an increase, it's always months/quarters out into the future. There's simply no incentive to management to raise the dividend... or meaningfully buy back shares.

[JohnnyDoe]

I think they've laid out their plans for excess funds flow for 2023. It's in the corp presentation. I don't particularly care for the term, but what they've said is "up to" 50% of excess funds flow. I don't like the phrase up to because of the wiggle room involved with it.  I wouldn't be expecting a dividend increase. I'd expect buybacks and special

[TheBridge]

Once the tax on buybacks takes effect in 2024, the thought is that companies will be directing more of their cash towards dividends and paying down debt.

[Moemoney42]

I agree.. this is the year I think we'll see a concerted effort on the NCIB.. after this year the debt will be greatly reduced and the interest saving itself will be fuel for further or special divis.. IMO any price under $10 CDN is a good buy back price..