Veren Inc. (TSX: VRN)

Canada flag Canada · Delayed Price · Currency is CAD
6.69
+0.30 (4.69%)
Dec 20, 2024, 4:00 PM EST
-27.75%
Market Cap 4.12B
Revenue (ttm) 3.85B
Net Income (ttm) 1.08B
Shares Out 615.35M
EPS (ttm) 1.77
PE Ratio 9.28
Forward PE 6.05
Dividend 0.46 (6.88%)
Ex-Dividend Date Dec 13, 2024
Volume 7,181,860
Open 6.37
Previous Close 6.39
Day's Range 6.34 - 6.76
52-Week Range 6.34 - 12.67
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date Feb 27, 2025

About Veren

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]

Sector Energy
Founded 1994
Employees 777
Stock Exchange Toronto Stock Exchange
Ticker Symbol VRN
Full Company Profile

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 Statements

News

Eric Nuttall's Past Picks: Precision Drilling, Veren and Cenovus

Eric Nuttall's Market Outlook: Energy stocks, discusses his past picks: Precision Drilling, Veren and Cenovus

4 weeks ago - BNN Bloomberg

Veren Selects ISNetworld® for Contractor Management Program Expansion

North American energy producer partners with ISN® to improve contractor management and enhance safety and compliance standards DALLAS — ISN, the global leader in contractor and supplier information ma...

5 weeks ago - Financial Post

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 ISNetworld as i...

5 weeks ago - Business Wire

Veren: Forward Progress Now That Management Has What It Wants

Recent setbacks for Veren may actually present a buying opportunity for savvy investors. The future performance should be far better than the past. See more here.

7 weeks ago - Seeking Alpha

Veren’s share price plunges as oil producer lowers output forecast

CALGARY — Oil producer Veren Inc. saw its share price plunge more than 15 per cent as of mid-day trading Thursday, on news that the company is lowering its production forecast for 2024 and grappling w...

7 weeks ago - Financial Post

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...

7 weeks ago - PRNewsWire

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...

7 weeks ago - PRNewsWire

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 ...

2 months ago - PRNewsWire

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...

2 months ago - Seeking Alpha

John Zechner's Top Picks:Veren, Lightspeed Commerce, and Atkinsrealis Group

John Zechner, chairman and founder of J. Zechner Associates, discusses his top picks: Veren, Lightspeed Commerce, and Atkinsrealis Group.

2 months ago - BNN Bloomberg

Veren: Onward To The Future

3 months ago - Seeking Alpha

Pembina Pipeline to Acquire Veren's Midstream Assets in C$400M Deal

Pembina Pipeline Corporation (NYSE: PBA), a Canada-based oil and gas storage and transportation company, has announced a major acquisition through its joint venture Pembina Gas Infrastructure Inc. ("...

3 months ago - Benzinga

Pembina Pipeline to buy midstream assets from Veren in C$400M deal

Pembina Pipeline to acquire infrastructure assets in Alberta's Montney shale from Veren for ~C$400M, reducing debt and expanding operations.

3 months ago - Seeking Alpha

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...

3 months ago - PRNewsWire

Eric Nuttall's Past Picks: Cenovus Energy, Athabasca Oil, and Veren

Eric Nuttall, partner and senior portfolio manager at Ninepoint Partners, discusses his past picks: Cenovus Energy, Athabasca Oil, and Veren.

4 months ago - BNN Bloomberg

Veren maintains fiscal year average production forecast

Craig Bryksa, president and CEO of Veren, joins BNN Bloomberg to discuss the company's quarterly results.

5 months ago - BNN Bloomberg

Veren Inc. (VRN) Q2 2024 Earnings Call Transcript

Veren Inc. (NYSE:NYSE:VRN) Q2 2024 Results Conference Call July 25, 2024 12:00 PM ETCompany ParticipantsCraig Bryksa - President and Chief Executive...

5 months ago - Seeking Alpha

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. ...

5 months ago - PRNewsWire

Veren Confirms Quarterly Dividend

CALGARY, AB , July 25, 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...

5 months ago - PRNewsWire