Veren Inc. (VRN)
| Market Cap | 4.08B |
| Revenue (ttm) | 2.76B |
| Net Income (ttm) | 189.94M |
| Shares Out | 611.82M |
| EPS (ttm) | 0.31 |
| PE Ratio | 21.46 |
| Forward PE | 6.44 |
| Dividend | $0.33 (4.94%) |
| Ex-Dividend Date | Mar 14, 2025 |
| Volume | 19,758,152 |
| Open | 6.68 |
| Previous Close | 6.70 |
| Day's Range | 6.60 - 6.75 |
| 52-Week Range | 4.39 - 9.28 |
| Beta | 2.60 |
| Analysts | Strong Buy |
| Price Target | 11.50 (+72.67%) |
| Earnings Date | May 9, 2025 |
About VRN
Veren Inc. engages in acquiring, developing, and holding interests in petroleum assets operations across western Canada. Veren Inc. was formerly known as Crescent Point Energy Corp. and changed its name to Veren Inc. in May 2024. The company was founded in 1994 and is based in Calgary, Canada. [Read more]
Financial Performance
In 2024, Veren's revenue was 3.97 billion, an increase of 24.52% compared to the previous year's 3.19 billion. Earnings were 273.30 million, a decrease of -52.08%.
Financial numbers in CAD Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for VRN stock is "Strong Buy." The 12-month stock price forecast is $11.5, which is an increase of 72.67% from the latest price.
News
Whitecap Resources, Veren to Merge in a $10.4 Billion All-Share Deal
Whitecap Resources and Veren have agreed to combine their companies in $10.44 billion deal that will enlarge their Alberta oil and gas footprint.
Whitecap Resources and Veren to combine to form $15 billion firm
Canada's oil and gas firm Whitecap Resources said on Monday it will merge with peer Veren in an all-share deal including debt to form a $15 billion company.
WHITECAP RESOURCES AND VEREN TO COMBINE IN A $15 BILLION TRANSACTION TO CREATE A LEADING CANADIAN LIGHT OIL AND CONDENSATE PRODUCER
CALGARY, AB , March 10, 2025 /PRNewswire/ -- Whitecap Resources Inc. ("Whitecap") (TSX: WCP) and Veren Inc. ("Veren") (TSX: VRN) (NYSE: VRN) are pleased to announce a strategic combination to create a...
Veren: End Of An Era
Veren has transformed from a struggling company to a cash flow juggernaut. The debt is now investment grade, which is a huge improvement over the situation when management arrived roughly a decade ago...
Veren Inc. (VRN) Q4 2024 Earnings Call Transcript
Veren Inc. (NYSE:VRN) Q4 2024 Results Conference Call February 27, 2025 12:00 PM ET Company Participants Craig Bryksa - President & Chief Executive Officer Ken Lamont - Chief Financial Officer Justin...
Veren Announces Filing of Annual Information Form and Form 40-F
CALGARY, AB , Feb. 27, 2025 /PRNewswire/ - Veren Inc. ("Veren", or the "Company") (TSX and NYSE: VRN) confirms the filing of its Annual Information Form ("AIF") for the year ended December 31, 2024, w...
Veren Announces Q4 & Full Year 2024 Results
CALGARY, AB , Feb. 27, 2025 /PRNewswire/ - Veren Inc. ("Veren" or the "Company") (TSX: VRN) (NYSE: VRN) is pleased to announce its operating and financial results for the fourth quarter and full year ...
Veren Confirms Quarterly Dividend
CALGARY, AB , Feb. 27, 2025 /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 Q4 & Full Year 2024 Results Conference Call
CALGARY, AB , Feb. 20, 2025 /PRNewswire/ - Veren Inc. ("Veren", or the "Company") (TSX: VRN) (NYSE: VRN) plans to report its fourth quarter and full year 2024 financial and operating results via press...
Undercovered Dozen: Woodward, Manhattan Associates, Denison Mines, Veren +
The 'Undercovered' Dozen series highlights 12 lesser-covered stocks, offering fresh investment ideas and sparking discussion among investors. Take-Two Interactive (Buy) is set for growth with GTA 6, l...
Veren: Canadian Oil At A Discount And With Potential For Increased Shareholder Returns
Veren Inc. plans to generate C$3.8 billion in excess cash flow over five years, distributing 60% to shareholders. The company is undervalued, with a fair value of C$15 per share, offering a 100% poten...
Veren Announces 2024 Reserves & Board Appointments
CALGARY, AB , Jan. 21, 2025 /PRNewswire/ - Veren Inc. ("Veren", or the "Company") (TSX: VRN) (NYSE: VRN) is pleased to announce the results from its 2024 independent reserves report, provide an update...
Veren: Updating The Long-Term Projection - Patience Will Be Well Rewarded
Veren's 20% sell-off after Q3 results reflects impatience with a production miss and a failed P&P drilling experiment. Core assets remain solid, management has reverted to proven techniques, and insid...
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...
Veren: Forward Progress Now That Management Has What It Wants
The 10,000 BOED decrease that concerned the market appears to be unprofitable. The experimental wells are unlikely to affect the company materially, no matter how disappointing they are. The infrastru...
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 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...