Veren Inc.: Filing of Annual Reports with Regulatory Authorities
Calgary, Alberta, Canada – February 27, 2025 – In a recent press release, Veren Inc. (“Veren” or the “Company”) announced the filing of its annual reports for the year ended December 31, 2024, with the Canadian securities regulatory authorities on SEDAR+ and the United States Securities and Exchange Commission (SEC) on EDGAR. This is a mandatory process for publicly-traded companies to provide transparency to their investors and regulatory bodies.
What is an Annual Information Form (AIF) and a Form 40-F?
An Annual Information Form (AIF) is a document required by Canadian securities regulatory authorities that provides detailed information about a reporting issuer’s business, operations, financial condition, and governance practices. It is designed to help investors make informed decisions about investing in the company. A Form 40-F, on the other hand, is a document required by the SEC for reporting by foreign private issuers, which includes the AIF and other financial statements and reports.
Impact on Veren’s Shareholders
The filing of the annual reports is an important event for Veren’s shareholders as it provides them with comprehensive financial information about the company’s performance over the past year. This information includes the income statement, balance sheet, cash flow statement, and management’s discussion and analysis (MD&A). Shareholders can use this information to assess the company’s financial health, growth prospects, and potential risks.
Impact on the Global Market
The filing of annual reports by publicly-traded companies like Veren is a critical component of the global capital markets. It helps to ensure transparency and accountability, which in turn builds investor confidence and trust. This, in turn, can lead to increased investment in the company and the broader market. Furthermore, the information disclosed in these reports can influence market trends and investor sentiment.
Conclusion
The filing of Veren’s Annual Information Form and Form 40-F with the regulatory authorities marks an important milestone in the company’s reporting cycle. This process provides transparency to investors and regulatory bodies, helping them make informed decisions about the company’s financial performance and future prospects. The impact of this filing goes beyond Veren, as it contributes to the overall health and integrity of the global capital markets.
As a responsible corporate citizen, Veren continues to prioritize transparency and accountability, ensuring that its investors and stakeholders have access to accurate and timely information. This commitment to transparency is essential for building trust and confidence, which is crucial for the long-term success of the company and the broader market.
- Veren Inc. files Annual Information Form (AIF) and Form 40-F with regulatory authorities
- Provides comprehensive financial information to shareholders and regulatory bodies
- Contributes to the overall health and integrity of the global capital markets
- Transparency and accountability are essential for building trust and confidence
