Raymond James initiated coverage of Veren with a rating of Strong Buy
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/18/2024 | Strong Buy | Raymond James |
25-NSE - Veren Inc. (0001545851) (Subject)
F-3DPOS - Veren Inc. (0001545851) (Filer)
F-10POS - Veren Inc. (0001545851) (Filer)
CALGARY, AB, May 12, 2025 /CNW/ - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX:WCP) is pleased to announce the successful closing of its strategic combination with Veren Inc. ("Veren") (TSX:VRN) (NYSE:VRN), creating the seventh largest oil and natural gas producer and the fifth largest natural gas producer in Canada. Whitecap is now the largest Alberta Montney and Duvernay landholder and a prominent light oil producer in Saskatchewan with an enviable portfolio of premium drilling opportunities which provides for decades of sustainable production and funds flow growth. We plan to leverage the combined asset base and technical expertise to drive incremental improvements to profit
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