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Shareholder Information

Our goal is to provide a sustainable, compounding model that provides competitive returns through per share debt-adjusted cash flow and excess cash flow growth while returning a significant amount of capital back to shareholders.

Investment Highlights

Our long-term strategy for delivering shareholder value and returns:

Operational Excellence

Industry leading technical teams with significant expertise in drilling and completions and extensive knowledge to drive operational execution and efficiency improvements.

Shareholder Returns

60% of our excess cash flow is returned to our shareholders through dividends or share repurchases

Balance Sheet Strength

We have a track record of significant debt reduction with financial flexibility and tax pools sheltering our excess cash flow

Differentiated Portfolio

Industry leading netbacks among North American peers with high liquids rating, a low decline rate and relative market access advantage.

Dividend Information

Current Quarterly DividendDate PayableDividend Record Date
Cdn $0.115
January 2, 2025
December 15, 2024
PaymentDate PayableRecord DateType
Cdn $0.115
January 2, 2025
December 15
Quarterly
Cdn $0.115
October 1
September 15
Quarterly
Cdn $0.115
July 2
June 15
Quarterly
Cdn $0.115
April 1
March 15
Quarterly
Cdn $0.46
Total Dividends Declared in 2024
PaymentDate PayableRecord DateType
Cdn $0.10
January 2, 2024
December 15
Quarterly
Cdn $0.02
November 22
November 15
Special
Cdn $0.10
October 2
September 15
Quarterly
Cdn $0.035
August 15
August 8
Special
Cdn $0.10
July 4
June 15
Quarterly
Cdn $0.10
April 3
March 15
Quarterly
Cdn $0.032
March 17
March 10
Special
Cdn $0.487
Total Dividends Declared in 2023
PaymentDate PayableRecord DateType
Cdn $0.08
January 3, 2023
December 15
Quarterly
Cdn $0.035
November 14
November 4
Special
Cdn $0.08
October 3
September 15
Quarterly
Cdn $0.065
July 4
June 15
Quarterly
Cdn $0.045
April 1
March 15
Quarterly
Cdn $0.305
Total Dividends Recorded in 2022
Special Dividend AmountDate PayableRecord Date
$0.02
November 22, 2023
November 15, 2023
US Resident Tax Information
Information regarding tax information for United States residents

All dividends paid by Veren on its common shares are designated as “eligible dividends” for Canadian income tax purposes. This designation will apply until a notification of a change is posted on this website. If you have any questions regarding the taxation of eligible dividends, please contact your Canadian tax advisor or your local office of the Canada Revenue Agency.

Guidance and Hedging

See below for our most recent corporate guidance or hedging information

Hedging Summary - October 25, 2024pdf | 25.51 KB
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2024 and 2025 Guidancepdf | 18.61 KB
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Return of Capital Framework

Our return of capital framework is a function of our excess cash flow generation and utilizes a combination of dividends and share repurchases.

Additional items include capitalized administration, reclamation activities, payments or lease liability and other items, excluding net acquisitions and dispositions

Analyst Coverage

Research coverage on Veren is produced by the following firms:

  • ATB Capital Markets
  • BMO Capital Markets
  • Canaccord Genuity
  • CIBC World Markets
  • Desjardins Securities Inc.
  • Jefferies
  • National Bank Financial
  • Peters & Co. Limited
  • Royal Bank of Canada
  • Scotia Capital
  • TD Securities
  • Tudor, Pickering, Holt & Co.

This is believed to be the complete list of analysts for Veren as of today's date and is provided for information purposes only. By posting this list, Veren does not imply endorsement of or agreement with the information, conclusions or recommendations provided in the reports.

Veren does not distribute electronic copies of analyst reports.

Contact our Investor Relations team for investor materials or general shareholder information:

  • Toll Free - 1-855-767-6923
  • IR Hotline - 403-767-6959

Learn More About Veren

View our Corporate Presentations

Our corporate presentations help the investment community further understand our story and the compelling investment opportunity Veren presents
View Presentations

The investor relations section of this internet site is for information purposes only. The site is not intended to supplement or substitute for the legal disclosure of Veren or its securities. Your use of this site constitutes acknowledgment and acceptance of the terms and conditions regarding its use as stated in the Legal section.

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