Veren

Veren operates in the energy sector, focusing on high netback, liquids-rich assets across Western Canada, specifically in central Alberta and southeast and southwest Saskatchewan. The company has transformed its organization through a revised business strategy and a revamped portfolio, emphasizing operational excellence and long-term development. Veren's business model involves managing a multi-basin portfolio with strong market access, low decline rates, and attractive royalty rates, which contribute to its financial performance. The company engages with a wide range of suppliers, contractors, and service providers through specific agreements and contracts, ensuring compliance with insurance and workers' compensation coverage. Veren's operations are supported by a passionate team committed to challenging the status quo and delivering results. The company also pays dividends on its common shares, designated for Canadian income tax purposes. Keywords: high netback, liquids-rich, Western Canada, Alberta, Saskatchewan, operational excellence, market access, royalty rates, energy sector, portfolio management.