Why Invest?
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:
Dividend Information
| Current Quarterly Dividend | Date Payable | Dividend Record Date |
|---|---|---|
Cdn $0.115 | ||
| Payment | Date Payable | Record Date | Type |
|---|---|---|---|
Cdn $0.115 | |||
Cdn $0.115 | |||
Cdn $0.115 | |||
Cdn $0.35 |
| Payment | Date Payable | Record Date | Type |
|---|---|---|---|
Cdn $0.10 | |||
Cdn $0.02 | |||
Cdn $0.10 | |||
Cdn $0.035 | |||
Cdn $0.10 | |||
Cdn $0.10 | |||
Cdn $0.032 | |||
Cdn $0.487 |
| Payment | Date Payable | Record Date | Type |
|---|---|---|---|
Cdn $0.08 | |||
Cdn $0.035 | |||
Cdn $0.08 | |||
Cdn $0.065 | |||
Cdn $0.045 | |||
Cdn $0.305 |
| Special Dividend Amount | Date Payable | Record Date |
|---|---|---|
$0.02 | ||
| 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.
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
