Veren Inc. (VRN)

Market Cap	2.86B
Revenue (ttm)	2.85B
Net Income (ttm)	797.73M
Shares Out	615.35M
EPS (ttm)	1.31
PE Ratio	3.59
Forward PE	5.85
Dividend	$0.33 (7.08%)
Ex-Dividend Date	Dec 13, 2024

Volume	13,528,957
Open	4.420
Previous Close	4.440
Day's Range	4.395 - 4.710
52-Week Range	4.395 - 9.280
Beta	2.67
Analysts	Strong Buy
Price Target	11.50 (+146.78%)
Earnings Date	Oct 31, 2024

About VRN

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.

• Industry: Oil & Gas Exploration & Production
• Sector: Energy
• Founded: 1994
• Employees: 777
• Stock Exchange: NYSE
• Ticker Symbol: VRN
• Website: https://www.vrn.com

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 numbers in CAD

Analyst 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 146.78% from the latest price.

Price Target

$11.5

(146.78% upside)

Analyst Consensus: Strong Buy