CALGARY, AB, May 8, 2025 /PRNewswire/ - Whitecap Resources Inc. ("Whitecap") (TSX:WCP) and Veren Inc. ("Veren") (TSX:VRN) (NYSE:VRN) are pleased to announce that the Court of King's Bench of Alberta has granted the final order in connection with the previously announced plan of arrangement under Section 193 of the Business Corporations Act (Alberta) (the "Business Combination"), pursuant to which Whitecap will acquire all of the issued and outstanding common shares of Veren. Under the terms of the Business Combination, Veren shareholders will receive 1.05 common shares of Whitecap for each Veren common share held. Approval of the Whitecap shareholders and the Veren shareholders in connection

CALGARY, AB, May 6, 2025 /PRNewswire/ - Whitecap Resources Inc. ("Whitecap") (TSX:WCP) and Veren Inc. ("Veren") (TSX:VRN) (NYSE:VRN) are pleased to announce that the shareholders of each company have voted in favour of the previously announced business combination between Whitecap and Veren (the "Business Combination"). On May 6, 2025, Whitecap and Veren held special shareholder meetings virtually, via live webcasts, with each company's shareholders voting on resolutions in connection with the proposed Business Combination. At the Whitecap special shareholders meeting, the resolution authorizing the issuance of Whitecap common shares to Veren shareholders pursuant to and in connection with

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 and NYSE:VRN) confirms the filing of its Annual Information Form ("AIF") for the year ended December 31, 2024, with the Canadian securities regulatory authorities on the System for Electronic Analysis and Retrieval ("SEDAR+"). 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 Data Gathering, Analysis and Retrieval ("EDGAR") system. The AIF contains the Company's reserves data and other oil and natural gas information, as required under National Instrument 51-101. An electronic

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. 27, 2025 /PRNewswire/ - Veren Inc. ("Veren", or the "Company") (TSX:VRN) (NYSE:VRN) 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. FOR MORE INFORMATION ON VEREN, PLEASE CONTACT: Sarfraz Somani, Manager, Investor Relations Telephone: (403) 693-0020 Toll-free (US and Canada): 888-693-0020 Address: Veren Inc. Suite 2000, 585 - 8th Avenue S.W. Calgary AB │T2P 1G1 www.vrn.com Veren shares are traded on the Toronto Stock Exchange and New

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, Jan. 21, 2025 /PRNewswire/ - Veren Inc. ("Veren", or the "Company") (TSX:VRN) (NYSE:VRN) 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 production in-line with guidance.Addition of two independent directors with extensive industry knowledge and experience to the Board."Our strong reserve additions, driven by both our Albert

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. 31, 2024 /PRNewswire/ - Veren Inc. ("Veren", or the "Company") (TSX:VRN) (NYSE:VRN) 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." FOR MORE INFORMATION ON VEREN, PLEASE CONTACT: Sarfraz Somani, Manager, Investor Relations Telephone: (403) 693-0020 Toll-free (US and Canada): 888-693-0020 Address: Veren Inc. Suite 2000, 585 - 8th Avenue S.W. Calg

CALGARY, AB, Jan. 21, 2025 /PRNewswire/ - Veren Inc. ("Veren", or the "Company") (TSX:VRN) (NYSE:VRN) 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 production in-line with guidance.Addition of two independent directors with extensive industry knowledge and experience to the Board."Our strong reserve additions, driven by both our Albert

Raymond James initiated coverage of Veren with a rating of Strong Buy

6-K - Veren Inc. (0001545851) (Filer)

6-K - Veren Inc. (0001545851) (Filer)

6-K - Veren Inc. (0001545851) (Filer)

6-K - Veren Inc. (0001545851) (Filer)

6-K - Veren Inc. (0001545851) (Filer)

6-K - Veren Inc. (0001545851) (Filer)

6-K - Veren Inc. (0001545851) (Filer)

6-K - Veren Inc. (0001545851) (Filer)

40-F - Veren Inc. (0001545851) (Filer)

6-K - Veren Inc. (0001545851) (Filer)

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. 27, 2025 /PRNewswire/ - Veren Inc. ("Veren", or the "Company") (TSX:VRN) (NYSE:VRN) 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. FOR MORE INFORMATION ON VEREN, PLEASE CONTACT: Sarfraz Somani, Manager, Investor Relations Telephone: (403) 693-0020 Toll-free (US and Canada): 888-693-0020 Address: Veren Inc. Suite 2000, 585 - 8th Avenue S.W. Calgary AB │T2P 1G1 www.vrn.com Veren shares are traded on the Toronto Stock Exchange and New

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. 31, 2024 /PRNewswire/ - Veren Inc. ("Veren", or the "Company") (TSX:VRN) (NYSE:VRN) 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." FOR MORE INFORMATION ON VEREN, PLEASE CONTACT: Sarfraz Somani, Manager, Investor Relations Telephone: (403) 693-0020 Toll-free (US and Canada): 888-693-0020 Address: Veren Inc. Suite 2000, 585 - 8th Avenue S.W. Calg

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, Sept. 9, 2024 /PRNewswire/ - Veren Inc. ("Veren", or the "Company") (TSX:VRN) (NYSE:VRN) is pleased to announce it has entered into a strategic long-term partnership with Pembina Gas Infrastructure ("PGI") 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 of additional oil battery sites, further enhancing efficiencies and reducing operating costs.Renegotiated and consolidated multiple prior agreements resulting in reduced fees.

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 25, 2024 /PRNewswire/ - Veren Inc. ("Veren", or the "Company") (TSX:VRN) (NYSE:VRN) 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 October 1, 2024 to shareholders of record on September 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." FOR MORE INFORMATION ON VEREN, PLEASE CONTACT:  Sarfraz Somani, Manager, Investor Relations Telephone: (403) 693-0020 Toll-free (US and Canada): 888-693-0020 Address: Veren Inc. Suite 2000, 585 - 8th Avenue S.W. Ca

SC 13G/A - Veren Inc. (0001545851) (Subject)