Veren Inc.

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 the United States Securities and Exchange Commission on the Electronic [...]

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 dividends and share repurchases. Reduced net debt by 35 percent through a [...]

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 Somani, Manager, Investor Relations Telephone: 693-0020 Toll-free : 888-693-0020 [...]

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 webcast. To join the call without operator assistance, participants may [...]

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 reserve additions. Achieved strong exit production in 2024 with full year [...]

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 shareholders in dividends and share repurchases year-to-date, including $85 [...]

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 dividends are considered "qualified dividends." Sarfraz Somani, Manager [...]

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 join the call without operator assistance, participants may register online by [...]

Veren Inc. is pleased to announce it has entered into a strategic long-term partnership with Pembina Gas Infrastructure related to certain infrastructure assets in the Alberta Montney and will receive net cash proceeds of $400 million related to this transaction. KEY HIGHLIGHTS Directing $400 million of proceeds toward debt reduction, resulting in total expected debt reduction of $1.3 billion in 2024. Gaining operatorship [...]

Crescent Point Energy Corp. and held its Annual and Special Meeting of Shareholders on May 10, 2024. During the business portion of the meeting, shareholders approved all resolutions brought forward, including voting in favour of changing the Company's name to Veren Inc. , effective immediately. Veren's shares are expected to begin trading under its new symbol "VRN" on both the TSX and NYSE on or around May 15, 2024 [...]