Veren Inc. (TSX:VRN)
Canada · Delayed Price · Currency is CAD 9.14
+0.34 (3.86%)
Inactive · Last trade price on May 13, 2025
Veren Income Statement
Financials in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
Period Ending | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 |
| 3,972 | 3,190 | 3,512 | 2,829 | 1,488 | |
Revenue Growth | 24.52% | -9.18% | 24.14% | 90.15% | -48.28% |
Cost of Revenue | 1,396 | 1,013 | 862.1 | 775.6 | 675.1 |
Gross Profit | 2,577 | 2,177 | 2,650 | 2,054 | 812.9 |
Selling, General & Admin | 92.2 | 86.7 | 73.8 | 77.3 | 76.8 |
Other Operating Expenses | 38.5 | -155.6 | 459.3 | 473.4 | -190.4 |
Operating Expenses | 1,975 | 958.3 | 1,022 | -1,147 | 4,158 |
Operating Income | 601.6 | 1,218 | 1,628 | 3,201 | -3,345 |
Interest Expense | -208.4 | -134.6 | -69.3 | -97.1 | -116.2 |
Currency Exchange Gain (Loss) | 6 | 10 | -18.8 | 4.4 | 4.3 |
Other Non Operating Income (Expenses) | - | - | - | - | -0.2 |
EBT Excluding Unusual Items | 399.2 | 1,094 | 1,540 | 3,108 | -3,457 |
Merger & Restructuring Charges | -19.8 | -39.8 | -4.6 | -12.5 | -5.4 |
Impairment of Goodwill | -25.5 | - | - | - | - |
Gain (Loss) on Sale of Investments | - | - | - | 10.1 | -4.2 |
Gain (Loss) on Sale of Assets | -10.2 | -0.7 | 26.1 | 58.4 | 316.4 |
Other Unusual Items | - | - | - | - | 3.1 |
Pretax Income | 343.7 | 1,053 | 1,562 | 3,164 | -3,148 |
Income Tax Expense | 59.8 | 253.7 | 415.1 | 799.7 | -627.6 |
Earnings From Continuing Operations | 283.9 | 799.4 | 1,147 | 2,364 | -2,520 |
Earnings From Discontinued Operations | -10.6 | -229.1 | 336.7 | - | - |
Net Income | 273.3 | 570.3 | 1,483 | 2,364 | -2,520 |
Net Income to Common | 273.3 | 570.3 | 1,483 | 2,364 | -2,520 |
Net Income Growth | -52.08% | -61.56% | -37.25% | - | - |
Shares Outstanding (Basic) | 618 | 546 | 567 | 569 | 529 |
Shares Outstanding (Diluted) | 619 | 548 | 571 | 575 | 529 |
Shares Change | 12.87% | -3.98% | -0.70% | 8.64% | -2.99% |
EPS (Basic) | 0.44 | 1.05 | 2.62 | 4.15 | -4.76 |
EPS (Diluted) | 0.44 | 1.04 | 2.60 | 4.11 | -4.76 |
EPS Growth | -57.54% | -59.91% | -36.75% | - | - |
Additional Metrics
Fiscal Year | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
Period Ending | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 |
Free Cash Flow | 524 | 975.2 | 1,165 | 819.7 | 161.7 |
Free Cash Flow Per Share | 0.85 | 1.78 | 2.04 | 1.43 | 0.30 |
Dividend Per Share | 0.460 | 0.400 | 0.270 | 0.037 | 0.018 |
Dividend Growth | 15.00% | 48.15% | 620.00% | 114.29% | -56.25% |
Gross Margin | 64.86% | 68.23% | 75.46% | 72.59% | 54.63% |
Operating Margin | 15.14% | 38.19% | 46.36% | 113.12% | -224.82% |
Profit Margin | 6.88% | 17.88% | 42.23% | 83.56% | -169.35% |
Free Cash Flow Margin | 13.19% | 30.57% | 33.16% | 28.97% | 10.87% |
EBITDA | 2,403 | 2,136 | 1,970 | 4,086 | 938.8 |
EBITDA Margin | 60.48% | 66.95% | 56.09% | 144.42% | 63.09% |
D&A For EBITDA | 1,801 | 917.4 | 341.8 | 885.6 | 4,284 |
EBIT | 601.6 | 1,218 | 1,628 | 3,201 | -3,345 |
EBIT Margin | 15.14% | 38.19% | 46.36% | 113.12% | -224.82% |
Effective Tax Rate | 17.40% | 24.09% | 26.58% | 25.28% | - |
Revenue as Reported | 3,941 | 3,367 | 3,098 | 2,440 | 2,004 |