Whitecap Resources Inc. is pleased to announce the successful closing of its strategic combination with Veren Inc. , creating the seventh largest oil and natural gas producer and the fifth largest natural gas producer in Canada. Whitecap is now the largest Alberta Montney and Duvernay landholder and a prominent light oil producer in Saskatchewan [...]
Whitecap Resources Inc. and Veren Inc. are pleased to announce that the shareholders of each company have voted in favour of the previously announced business combination between Whitecap and Veren . On May 6, 2025, Whitecap and Veren held special shareholder meetings virtually, via live webcasts, with each company's shareholders voting on [...]
Whitecap Resources Inc. and Veren Inc. are pleased to announce that the shareholders of each company have voted in favour of the previously announced business combination between Whitecap and Veren . On May 6, 2025, Whitecap and Veren held special shareholder meetings virtually, via live webcasts, with each company's shareholders voting on [...]
Whitecap Resources Inc. and Veren Inc. are pleased to announce a strategic combination to create a leading light oil and condensate producer with concentrated assets in the Alberta Montney and Duvernay. The combined company will be the largest Alberta Montney and Duvernay landholder, a prominent light oil producer in Saskatchewan and will leverage [...]
CALGARY, AB, Feb. 27, 2025 /CNW/ - Veren Inc. confirms the filing of its Annual Information Form for the year ended December 31, 2024, with the Canadian securities regulatory authorities on the System for Electronic Analysis and Retrieval . In addition, Veren has filed its Form 40-F for the year ended December 31, 2024, which includes the AIF, with [...]
Veren Inc. is pleased to announce its operating and financial results for the fourth quarter and full year ended December 31, 2024. KEY HIGHLIGHTS Generated significant excess cash flow of $642 million in 2024, through focused development of a high-quality asset base. Returned $386 million, or 60 percent of excess cash flow, to shareholders through [...]
CALGARY, AB, Feb. 27, 2025 /CNW/ - Veren Inc. announces its Board of Directors has approved and declared a quarterly cash base dividend of $0.115 per share. The base dividend is payable on April 1, 2025 to shareholders of record on March 15, 2025. These dividends are designated as "eligible dividends" for Canadian income tax purposes. Sarfraz [...]
Veren Inc. plans to report its fourth quarter and full year 2024 financial and operating results via press release prior to the opening of markets on Thursday, February 27, 2025. Veren's management will hold a conference call at 10:00 a.m. MT the same day to discuss the Company's results and outlook. Participants can listen to this event online via [...]
Veren Inc. is pleased to announce the results from its 2024 independent reserves report, provide an update on its operations and announce the appointment of two independent board members. KEY HIGHLIGHTS Strong reserve additions, replacing 173 percent of 2024 annual production on a 2P basis. Alberta Montney asset contributed 65 percent of the 2P [...]
Veren Inc. is pleased to announce its operating and financial results for the quarter ended September 30, 2024, revised 2024 guidance, 2025 budget and updated five-year outlook. KEY HIGHLIGHTS Generated third quarter excess cash flow of $114 million, with full year 2024 excess cash flow expected to total $625 million. Returned $290 million to [...]
Veren Inc. announces its Board of Directors has approved and declared a quarterly cash base dividend of $0.115 per share. The base dividend is payable on January 2, 2025 to shareholders of record on December 15, 2024. These dividends are designated as "eligible dividends" for Canadian income tax purposes. For U.S. income tax purposes, Veren's [...]
Veren Inc. plans to report its third quarter 2024 financial and operating results via press release prior to the opening of markets on Thursday, October 31, 2024. Veren's management will hold a conference call at 10:00 a.m. MT the same day to discuss the Company's results and outlook. Participants can listen to this event online via webcast. To [...]