Veren Statistics
Total Valuation
Veren has a market cap or net worth of $5.29 billion. The enterprise value is $7.77 billion.
| Market Cap | 5.29B |
| Enterprise Value | 7.77B |
Important Dates
The next estimated 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 (%) | 47.26% |
| Float | 574.76M |
Valuation Ratios
The trailing PE ratio is 11.35 and the forward PE ratio is 5.27.
| PE Ratio | 11.35 |
| Forward PE | 5.27 |
| PS Ratio | 2.09 |
| Forward PS | 1.28 |
| PB Ratio | 1.07 |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | 18.12 |
| EV / Sales | 3.07 |
| EV / EBITDA | 5.26 |
| EV / EBIT | 11.26 |
| 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 $183.56 million in taxes.
| Income Tax | 183.56M |
| Effective Tax Rate | 29.98% |
Stock Price Statistics
The stock price has increased by +10.34% 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 | +10.34% |
| 50-Day Moving Average | 7.60 |
| 200-Day Moving Average | 7.53 |
| Relative Strength Index (RSI) | 61.74 |
| Average Volume (30 Days) | 6,178,850 |
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 $0.75.
| Revenue | 2.53B |
| Gross Profit | 1.70B |
| Operating Income | 848.33M |
| Pretax Income | 596.18M |
| Net Income | 428.80M |
| EBITDA | 1.48B |
| EBIT | 689.80M |
| Earnings Per Share (EPS) | $0.75 |
Balance Sheet
The company has $186.67 million in cash and $2.66 billion in debt, giving a net cash position of -$2.47 billion or -$3.98 per share.
| Cash & Cash Equivalents | 186.67M |
| Total Debt | 2.66B |
| Net Cash | -2.47B |
| Net Cash Per Share | -$3.98 |
| Equity / Book Value | 4.97B |
| Book Value Per Share | 8.01 |
| Working Capital | -234.06M |
Cash Flow
In the last 12 months, operating cash flow was $1.59 billion and capital expenditures -$3.06 billion, giving a free cash flow of -$1.47 billion.
| Operating Cash Flow | 1.59B |
| Capital Expenditures | -3.06B |
| Free Cash Flow | -1.47B |
| FCF Per Share | -$2.76 |
Margins
Gross margin is 67.27%, with operating and profit margins of 33.51% and 16.94%.
| Gross Margin | 67.27% |
| Operating Margin | 33.51% |
| Pretax Margin | 23.55% |
| Profit Margin | 16.94% |
| EBITDA Margin | 58.33% |
| EBIT Margin | 27.25% |
| FCF Margin | -58.20% |
Dividends & Yields
This stock pays an annual dividend of $0.34, which amounts to a dividend yield of 3.99%.
| Dividend Per Share | $0.34 |
| Dividend Yield | 3.99% |
| Dividend Growth (YoY) | 20.55% |
| Years of Dividend Growth | 3 |
| Payout Ratio | 45.14% |
| Buyback Yield | 5.20% |
| Shareholder Yield | 9.18% |
| Earnings Yield | 8.09% |
| FCF Yield | -27.80% |
Analyst Forecast
The average price target for Veren is $14.13, which is 65.46% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $14.13 |
| Price Target Difference | 65.46% |
| 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 0.12 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.12 |
| Piotroski F-Score | 7 |