VRN - Earnings announcements

CALGARY, AB, March 10, 2025 /PRNewswire/ -- Whitecap Resources Inc. ("Whitecap") (TSX:WCP) and Veren Inc. ("Veren") (TSX:VRN) (NYSE:VRN) 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 the combined asset base and technical expertise to drive improved profitability and superior returns to shareholders. The companies have entered into a definitive business combination agreement (the "Agreement") to combine in an all-share transaction

CALGARY, AB, Feb. 27, 2025 /PRNewswire/ - Veren Inc. ("Veren" or the "Company") (TSX:VRN) (NYSE:VRN) 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 combination of excess cash flow generation and proceeds from dispositions.Replaced 173 percent of 2024 production on a 2P reserves basis, primarily driven by additions in the Alberta Mo

CALGARY, AB, Feb. 20, 2025 /PRNewswire/ - Veren Inc. ("Veren", or the "Company") (TSX:VRN) (NYSE:VRN) 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 (12:00 p.m. ET) 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 entering their phone number to receive an instant automated call back. Alternatively, the conference call can be accessed with operator assistance by

CALGARY, AB, Oct. 31, 2024 /PRNewswire/ - Veren Inc. ("Veren" or the "Company") (TSX:VRN) (NYSE:VRN) 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 million in third quarter.Entered into a strategic infrastructure transaction, directing $400 million of net cash proceeds to debt reduction.Expect year-end net debt of $2.5 billion, or 1.1x

CALGARY, AB, Oct. 24, 2024 /PRNewswire/ - Veren Inc. ("Veren", or the "Company") (TSX:VRN) (NYSE:VRN) 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 (12:00 p.m. ET) 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 entering their phone number to receive an instant automated call back. Alternatively, the conference call can be accessed with operator assistance by dialing 1‑888‑51

CALGARY, AB, July 25, 2024 /PRNewswire/ - Veren Inc. ("Veren" or the "Company") (TSX:VRN) (NYSE:VRN) is pleased to announce its operating and financial results for the quarter ended June 30, 2024. KEY HIGHLIGHTS Continued operational execution in Alberta Montney and Kaybob Duvernay with recent wells among the top in the WCSB.Generated $195 million of excess cash flow in second quarter, with 60 percent returned to shareholders.Reduced net debt by $620 million in second quarter with proceeds from non-core asset disposition and excess cash flow.Issued $1.0 billion of investment-grade senior notes, optimizing the balance sheet.Expect significant excess cash flow of $825 million in 2024 based on

CALGARY, AB, July 18, 2024 /PRNewswire/ - Veren Inc. ("Veren", or the "Company") (TSX:VRN) (NYSE:VRN) plans to report its second quarter 2024 financial and operating results via press release prior to the opening of markets on Thursday, July 25, 2024. Veren's management will hold a conference call at 10:00 a.m. MT (12:00 p.m. ET) 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 entering their phone number to receive an instant automated call back. Alternatively, the conference call can be accessed with operator assistance by dialing 1‑888‑390‑