Veren (TSE:VRN) has released an update.
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Veren Inc. has reported robust financial results for Q3 2024, with an excess cash flow of $114 million and year-to-date shareholder returns of $290 million through dividends and share repurchases. The company has strategically reduced its debt by $1.3 billion this year and continues to perform well in key areas like the Alberta Montney, where production ranks among the top one percent in North America. Looking forward, Veren anticipates strong cash flow and shareholder returns, driven by disciplined budgeting and efficient operations.
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