Sunday, 19 January 2025

Focus on Veren Inc.

News ReleaseNews

Veren Selects ISNetworld® for Contractor Management Program Expansion

DALLAS--(BUSINESS WIRE)--ISN, the global leader in contractor and supplier information management services, announced that Veren, a leading North American energy producer, has selected...

Veren Inc. logo is shown in a handout. The company
reported a profit of $277.2 million in its latest quarter compared with a loss a year earlier. THE CANADIAN PRESS/HO
BusinessFuelNewsOil

Veren reports $277.2-million third-quarter profit, trims 2024 production guidance

CALGARY — Oil producer Veren Inc. saw its share price plunge by more than 14 per cent on Thursday, on news that the...

Pembina Pipeline Corp. logo is shown in a handout. Pembina Gas Infrastructure Inc. has signed a deal to buy a group of midstream assets from Veren Inc. for $400 million.
PGI is owned by Pembina Pipeline Corp. and private equity firm KKR. THE CANADIAN PRESS/HO
BusinessFuelInfrastructureLiquefied Natural GasNatural GasNews

Pembina Gas Infrastructure signs $400M deal to buy midstream assets from Veren

PGI will acquire four batteries in the Gold Creek and Karr areas, which handle natural gas and liquids.

News Release

Pembina Pipeline Corporation Announces Pembina Gas Infrastructure’s Agreement to Acquire Midstream Assets From Veren Inc.

CALGARY, Alberta--(BUSINESS WIRE)--Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) is pleased to announce that Pembina Gas Infrastructure Inc. ("PGI"),...

Veren Inc. logo is shown in a handout. The company reported its profit rose in its latest quarter to $261 million from $212.3 million a year ago. THE CANADIAN PRESS/HO
BusinessFinanceFuelInfrastructureNatural GasNewsOilTransmission

Veren Inc., formerly Crescent Point Energy, sees profit rise in second quarter

Veren Inc., post-buying spree, shifts focus to reducing its $3.0 billion debt, targeting a further drop to $2.2 billion by year-end.

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