Veren Inc. (VRN)
| Market Cap | 3.17B |
| Revenue (ttm) | 2.88B |
| Net Income (ttm) | 797.73M |
| Shares Out | 616.58M |
| EPS (ttm) | 1.32 |
| PE Ratio | 3.92 |
| Forward PE | 6.19 |
| Dividend | $0.34 (6.57%) |
| Ex-Dividend Date | Sep 13, 2024 |
| Volume | 16,927,234 |
| Open | 5.77 |
| Previous Close | 6.03 |
| Day's Range | 4.99 - 5.84 |
| 52-Week Range | 4.99 - 9.28 |
| Beta | 2.69 |
| Analysts | Strong Buy |
| Price Target | 13.00 (+151.94%) |
| Earnings Date | Oct 31, 2024 |
About VRN
Veren Inc. explores, develops, and produces oil and gas properties in Canada and the United States. The company focuses on crude oil, tight oil, natural gas liquids, shale gas, and natural gas reserves. Its properties are located in the provinces of Saskatchewan, Alberta, British Columbia, and Manitoba; and the states of North Dakota. The company was formerly known as Crescent Point Energy Corp. and changed its name to Veren Inc. in May 2024. Veren Inc. was incorporated in 1994 and is headquartered in Calgary, Canada. [Read more]
Financial Performance
In 2023, Veren's revenue was 3.19 billion, a decrease of -9.18% compared to the previous year's 3.51 billion. Earnings were 570.30 million, a decrease of -61.55%.
Financial numbers in CAD Financial StatementsAnalyst Forecast
According to one analyst, the rating for VRN stock is "Strong Buy" and the 12-month stock price forecast is $13.0.
News
Veren Inc. (VRN) Q3 2024 Earnings Call Transcript
Veren Inc. (NYSE:VRN) Q3 2024 Earnings Conference Call October 31, 2024 12:00 PM ET Company Participants Craig Bryksa - President and Chief Executive Officer Ken Lamont - Chief Financial Officer Ryan...
Veren Announces Q3 2024 Results & Updated Outlook
CALGARY, AB , Oct. 31, 2024 /PRNewswire/ - Veren Inc. ("Veren" or the "Company") (TSX: VRN) (NYSE: VRN) is pleased to announce its operating and financial results for the quarter ended September 30, 2...
Veren Confirms Quarterly Dividend
CALGARY, AB , Oct. 31, 2024 /PRNewswire/ - Veren Inc. ("Veren", or the "Company") (TSX: VRN) (NYSE: VRN) announces its Board of Directors has approved and declared a quarterly cash base dividend of $0...
Veren Announces Q3 2024 Conference Call
CALGARY, AB , Oct. 24, 2024 /PRNewswire/ - Veren Inc. ("Veren", or the "Company") (TSX: VRN) (NYSE: VRN) plans to report its third quarter 2024 financial and operating results via press release prior ...
We Are Here To Praise Veren, Not Bury It
We had suggested investors dump Veren for better stories elsewhere. Those stories have outperformed Veren by about 25% since January 2024. We go over why we are warming up to good ol' Crescent Point E...
Veren: Onward To The Future
Veren Inc. has achieved investment-grade status. Few management teams can take a zombie corporation to investment-grade status. The company's debt levels have significantly improved. Those debt levels...
Veren Announces Strategic Infrastructure Transaction
CALGARY, AB , Sept. 9, 2024 /PRNewswire/ - Veren Inc. ("Veren", or the "Company") (TSX: VRN) (NYSE: VRN) is pleased to announce it has entered into a strategic long-term partnership with Pembina Gas I...
Veren Makes Investment Grade While Integration Continues
Veren Inc. reported C$0.99 in adjusted funds flow from operations, with stock trading at just over two times that figure when annualized. Management completed asset sales to reduce net debt to C$3.0 b...
Veren Inc. (VRN) Q2 2024 Earnings Call Transcript
Veren Inc. (NYSE:VRN) Q2 2024 Results Conference Call July 25, 2024 12:00 PM ET Company Participants Craig Bryksa - President and Chief Executive Officer Ken Lamont - Chief Financial Officer Ryan Gri...
Veren Announces Q2 2024 Results
CALGARY, AB , July 25, 2024 /PRNewswire/ - Veren Inc. ("Veren" or the "Company") (TSX: VRN) (NYSE: VRN) is pleased to announce its operating and financial results for the quarter ended June 30, 2024. ...
Veren Is The Low-Cost And High-Growth Producer Your Portfolio Needs
Veren Inc., formerly Crescent Point Energy, to report Q2 '24 earnings on 7/25/24. I anticipate the firm to generate $1.15b in revenue and an EPS of $0.52/share. Management anticipates growing daily pr...
Veren Announces Q2 2024 Conference Call
CALGARY, AB , July 18, 2024 /PRNewswire/ - Veren Inc. ("Veren", or the "Company") (TSX: VRN) (NYSE: VRN) plans to report its second quarter 2024 financial and operating results via press release prior...
Veren Announces Closing of Non-Core Asset Disposition
CALGARY, AB , June 14, 2024 /PRNewswire/ - Veren Inc. ("Veren", or the "Company") (TSX: VRN) (NYSE: VRN) is pleased to announce that it has successfully closed its previously announced disposition of ...