Veren Statistics
Total Valuation
Veren has a market cap or net worth of $3.34 billion. The enterprise value is $5.40 billion.
| Market Cap | 3.34B |
| Enterprise Value | 5.40B |
Important Dates
The last earnings date was Thursday, October 31, 2024, before market open.
| Earnings Date | Oct 31, 2024 |
| Ex-Dividend Date | Dec 13, 2024 |
Share Statistics
Veren has 615.54 million shares outstanding. The number of shares has increased by 10.91% in one year.
| Current Share Class | 615.54M |
| Shares Outstanding | 615.54M |
| Shares Change (YoY) | +10.91% |
| Shares Change (QoQ) | -0.46% |
| Owned by Insiders (%) | n/a |
| Owned by Institutions (%) | n/a |
| Float | 555.46M |
Valuation Ratios
The trailing PE ratio is 4.14 and the forward PE ratio is 6.48.
| PE Ratio | 4.14 |
| Forward PE | 6.48 |
| PS Ratio | n/a |
| Forward PS | n/a |
| PB Ratio | n/a |
| P/TBV Ratio | 0.70 |
| P/FCF Ratio | 6.61 |
| P/OCF Ratio | 2.04 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 3.08, with an EV/FCF ratio of 10.71.
| EV / Earnings | 6.77 |
| EV / Sales | 1.89 |
| EV / EBITDA | 3.08 |
| EV / EBIT | 9.09 |
| EV / FCF | 10.71 |
Financial Position
The company has a current ratio of 0.88, with a Debt / Equity ratio of 0.43.
| Current Ratio | 0.88 |
| Quick Ratio | 0.31 |
| Debt / Equity | 0.43 |
| Debt / EBITDA | 1.21 |
| Debt / FCF | 4.25 |
| Interest Coverage | 3.84 |
Financial Efficiency
Return on equity (ROE) is 7.11% and return on invested capital (ROIC) is 5.46%.
| Return on Equity (ROE) | 7.11% |
| Return on Assets (ROA) | 4.58% |
| Return on Capital (ROIC) | 5.46% |
| Revenue Per Employee | $3.67M |
| Profits Per Employee | $1.03M |
| Employee Count | 777 |
| Asset Turnover | 0.35 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Veren has paid $98.97 million in taxes.
| Income Tax | 98.97M |
| Effective Tax Rate | 23.23% |
Stock Price Statistics
The stock price has decreased by -22.87% in the last 52 weeks. The beta is 2.67, so Veren's price volatility has been higher than the market average.
| Beta (5Y) | 2.67 |
| 52-Week Price Change | -22.87% |
| 50-Day Moving Average | 5.94 |
| 200-Day Moving Average | 7.33 |
| Relative Strength Index (RSI) | 45.37 |
| Average Volume (20 Days) | 7,503,422 |
Short Selling Information
The latest short interest is 15.85 million, so 2.57% of the outstanding shares have been sold short.
| Short Interest | 15.85M |
| Short Previous Month | 14.81M |
| Short % of Shares Out | 2.57% |
| Short % of Float | 2.85% |
| Short Ratio (days to cover) | 2.68 |
Income Statement
In the last 12 months, Veren had revenue of $2.85 billion and earned $797.73 million in profits. Earnings per share was $1.31.
| Revenue | 2.85B |
| Gross Profit | 1.87B |
| Operating Income | 593.88M |
| Pretax Income | 59.97M |
| Net Income | 797.73M |
| EBITDA | 1.75B |
| EBIT | 593.88M |
| Earnings Per Share (EPS) | $1.31 |
Balance Sheet
The company has $6.07 million in cash and $2.14 billion in debt, giving a net cash position of -$2.14 billion or -$3.47 per share.
| Cash & Cash Equivalents | 6.07M |
| Total Debt | 2.14B |
| Net Cash | -2.14B |
| Net Cash Per Share | -$3.47 |
| Equity (Book Value) | 4.97B |
| Book Value Per Share | 8.07 |
| Working Capital | -111.85M |
Cash Flow
In the last 12 months, operating cash flow was $1.64 billion and capital expenditures -$1.11 billion, giving a free cash flow of $504.26 million.
| Operating Cash Flow | 1.64B |
| Capital Expenditures | -1.11B |
| Free Cash Flow | 504.26M |
| FCF Per Share | $0.82 |
Margins
Gross margin is 65.45%, with operating and profit margins of 20.83% and 27.98%.
| Gross Margin | 65.45% |
| Operating Margin | 20.83% |
| Pretax Margin | 14.94% |
| Profit Margin | 27.98% |
| EBITDA Margin | 61.42% |
| EBIT Margin | 20.83% |
| FCF Margin | 14.30% |
Dividends & Yields
This stock pays an annual dividend of $0.33, which amounts to a dividend yield of 6.08%.
| Dividend Per Share | $0.33 |
| Dividend Yield | 6.08% |
| Dividend Growth (YoY) | -6.29% |
| Years of Dividend Growth | 3 |
| Payout Ratio | 25.16% |
| Buyback Yield | -10.91% |
| Shareholder Yield | -4.83% |
| Earnings Yield | 23.92% |
| FCF Yield | 15.12% |
Analyst Forecast
The average price target for Veren is $11.50, which is 111.79% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $11.50 |
| Price Target Difference | 111.79% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 2 |
| Revenue Growth Forecast (5Y) | 9.68% |
| 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 0.07 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.07 |
| Piotroski F-Score | 6 |