Veren Statistics
Total Valuation
Veren has a market cap or net worth of $5.24 billion. The enterprise value is $7.72 billion.
Market Cap | 5.24B |
Enterprise Value | 7.72B |
Important Dates
The next confirmed earnings date is Friday, May 10, 2024, before market open.
Earnings Date | May 10, 2024 |
Ex-Dividend Date | Mar 14, 2024 |
Share Statistics
Veren has 619.95 million shares outstanding. The number of shares has decreased by -5.20% in one year.
Shares Outstanding | 619.95M |
Shares Change (YoY) | -5.20% |
Shares Change (QoQ) | n/a |
Owned by Insiders (%) | 0.50% |
Owned by Institutions (%) | 47.25% |
Float | 574.76M |
Valuation Ratios
The trailing PE ratio is 11.19 and the forward PE ratio is 5.22.
PE Ratio | 11.19 |
Forward PE | 5.22 |
PS Ratio | 2.07 |
Forward PS | 1.26 |
PB Ratio | 1.05 |
P/FCF Ratio | n/a |
PEG Ratio | n/a |
Enterprise Valuation
EV / Earnings | 18.00 |
EV / Sales | 3.05 |
EV / EBITDA | 5.21 |
EV / EBIT | 11.14 |
EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.76, with a Debt / Equity ratio of 0.53.
Current Ratio | 0.76 |
Quick Ratio | 0.46 |
Debt / Equity | 0.53 |
Debt / EBITDA | 1.80 |
Debt / FCF | n/a |
Interest Coverage | 7.37 |
Financial Efficiency
Return on equity (ROE) is 8.80% and return on invested capital (ROIC) is 7.70%.
Return on Equity (ROE) | 8.80% |
Return on Assets (ROA) | 5.20% |
Return on Capital (ROIC) | 7.70% |
Revenue Per Employee | $3.30M |
Profits Per Employee | $558,329 |
Employee Count | 768 |
Asset Turnover | 0.31 |
Inventory Turnover | n/a |
Taxes
In the past 12 months, Veren has paid $184.25 million in taxes.
Income Tax | 184.25M |
Effective Tax Rate | 30.06% |
Stock Price Statistics
The stock price has increased by +8.20% in the last 52 weeks. The beta is 2.86, so Veren's price volatility has been higher than the market average.
Beta (1Y) | 2.86 |
52-Week Price Change | +8.20% |
50-Day Moving Average | 7.69 |
200-Day Moving Average | 7.54 |
Relative Strength Index (RSI) | 57.49 |
Average Volume (30 Days) | 6,212,322 |
Short Selling Information
The latest short interest is 14.90 million, so 2.40% of the outstanding shares have been sold short.
Short Interest | 14.90M |
Short Previous Month | 17.05M |
Short % of Shares Out | 2.40% |
Short % of Float | 2.59% |
Short Ratio (days to cover) | 3.13 |
Income Statement
In the last 12 months, Veren had revenue of $2.53 billion and earned $428.80 million in profits. Earnings per share was $0.76.
Revenue | 2.53B |
Gross Profit | 1.71B |
Operating Income | 851.55M |
Pretax Income | 598.44M |
Net Income | 428.80M |
EBITDA | 1.48B |
EBIT | 692.42M |
Earnings Per Share (EPS) | $0.76 |
Balance Sheet
The company has $187.38 million in cash and $2.67 billion in debt, giving a net cash position of -$2.48 billion or -$4.00 per share.
Cash & Cash Equivalents | 187.38M |
Total Debt | 2.67B |
Net Cash | -2.48B |
Net Cash Per Share | -$4.00 |
Equity / Book Value | 4.99B |
Book Value Per Share | 8.05 |
Working Capital | -234.95M |
Cash Flow
In the last 12 months, operating cash flow was $1.59 billion and capital expenditures -$3.07 billion, giving a free cash flow of -$1.48 billion.
Operating Cash Flow | 1.59B |
Capital Expenditures | -3.07B |
Free Cash Flow | -1.48B |
FCF Per Share | -$2.77 |
Margins
Gross margin is 67.52%, with operating and profit margins of 33.64% and 16.94%.
Gross Margin | 67.52% |
Operating Margin | 33.64% |
Pretax Margin | 23.64% |
Profit Margin | 16.94% |
EBITDA Margin | 58.55% |
EBIT Margin | 27.35% |
FCF Margin | -58.42% |
Dividends & Yields
This stock pays an annual dividend of $0.34, which amounts to a dividend yield of 4.03%.
Dividend Per Share | $0.34 |
Dividend Yield | 4.03% |
Dividend Growth (YoY) | 20.55% |
Years of Dividend Growth | 3 |
Payout Ratio | 45.02% |
Buyback Yield | 5.20% |
Shareholder Yield | 9.23% |
Earnings Yield | 8.19% |
FCF Yield | -28.23% |
Analyst Forecast
The average price target for Veren is $14.13, which is 67.22% higher than the current price. The consensus rating is "Strong Buy".
Price Target | $14.13 |
Price Target Difference | 67.22% |
Analyst Consensus | Strong Buy |
Analyst Count | 2 |
Revenue Growth Forecast (5Y) | 6.23% |
EPS Growth Forecast (5Y) | n/a |
Stock Splits
This stock does not have any record of stock splits.
Last Split Date | n/a |
Split Type | n/a |
Split Ratio | n/a |
Scores
Veren has an Altman Z-Score of 0.1 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
Altman Z-Score | 0.1 |
Piotroski F-Score | 7 |