Veren Inc. (VRN)
NYSE: VRN · IEX Real-Time Price · USD
7.67
+0.08 (0.99%)
Jun 20, 2024, 3:05 PM EDT - Market open

Veren Statistics

Total Valuation

Veren has a market cap or net worth of $4.73 billion. The enterprise value is $7.31 billion.

Market Cap 4.73B
Enterprise Value 7.31B

Important Dates

The next confirmed earnings date is Thursday, July 25, 2024, before market open.

Earnings Date Jul 25, 2024
Ex-Dividend Date Jun 14, 2024

Share Statistics

Veren has 617.97 million shares outstanding. The number of shares has increased by 12.95% in one year.

Shares Outstanding 617.97M
Shares Change (YoY) +12.95%
Shares Change (QoQ) n/a
Owned by Insiders (%) 0.62%
Owned by Institutions (%) 51.80%
Float 573.17M

Valuation Ratios

PE Ratio n/a
Forward PE 3.74
PS Ratio 1.79
Forward PS n/a
PB Ratio 1.01
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 2.78
EV / EBITDA 7.14
EV / EBIT 49.28
EV / FCF n/a

Financial Position

The company has a current ratio of 1.03, with a Debt / Equity ratio of 0.58.

Current Ratio 1.03
Quick Ratio 0.41
Debt / Equity 0.58
Debt / EBITDA 2.63
Debt / FCF n/a
Interest Coverage 1.17

Financial Efficiency

Return on equity (ROE) is -0.90% and return on invested capital (ROIC) is -9.99%.

Return on Equity (ROE) -0.90%
Return on Assets (ROA) -0.50%
Return on Capital (ROIC) -9.99%
Revenue Per Employee $3.39M
Profits Per Employee -$54,981
Employee Count 777
Asset Turnover 0.31
Inventory Turnover n/a

Taxes

In the past 12 months, Veren has paid $63.61 million in taxes.

Income Tax 63.61M
Effective Tax Rate 304.50%

Stock Price Statistics

The stock price has increased by +16.85% in the last 52 weeks. The beta is 2.80, so Veren's price volatility has been higher than the market average.

Beta (1Y) 2.80
52-Week Price Change +16.85%
50-Day Moving Average 8.46
200-Day Moving Average 7.67
Relative Strength Index (RSI) 37.71
Average Volume (20 Days) 2,734,927

Short Selling Information

The latest short interest is 14.09 million, so 2.28% of the outstanding shares have been sold short.

Short Interest 14.09M
Short Previous Month 14.19M
Short % of Shares Out 2.28%
Short % of Float 2.46%
Short Ratio (days to cover) 3.00

Income Statement

In the last 12 months, Veren had revenue of $2.64 billion and -$42.72 million in losses. Loss per share was -$0.04.

Revenue 2.64B
Gross Profit 1.76B
Operating Income 366.69M
Pretax Income 21.18M
Net Income -42.72M
EBITDA 1.02B
EBIT 148.40M
Loss Per Share -$0.04
Full Income Statement

Balance Sheet

The company has $99.76 million in cash and $2.70 billion in debt, giving a net cash position of -$2.60 billion or -$4.20 per share.

Cash & Cash Equivalents 99.76M
Total Debt 2.70B
Net Cash -2.60B
Net Cash Per Share -$4.20
Equity / Book Value 4.66B
Book Value Per Share 7.54
Working Capital 32.94M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $1.56 billion and capital expenditures -$2.81 billion, giving a free cash flow of -$1.25 billion.

Operating Cash Flow 1.56B
Capital Expenditures -2.81B
Free Cash Flow -1.25B
FCF Per Share -$2.02
Full Cash Flow Statement

Margins

Gross margin is 66.68%, with operating and profit margins of 13.91% and -1.62%.

Gross Margin 66.68%
Operating Margin 13.91%
Pretax Margin 0.80%
Profit Margin -1.62%
EBITDA Margin 38.86%
EBIT Margin 5.63%
FCF Margin -47.50%

Dividends & Yields

This stock pays an annual dividend of $0.33, which amounts to a dividend yield of 4.37%.

Dividend Per Share $0.33
Dividend Yield 4.37%
Dividend Growth (YoY) 13.70%
Years of Dividend Growth 3
Payout Ratio n/a
Buyback Yield -12.95%
Shareholder Yield -8.58%
Earnings Yield -0.91%
FCF Yield -26.53%
Dividend Details

Analyst Forecast

Price Target n/a
Price Target Difference n/a
Analyst Consensus n/a
Analyst Count n/a
Revenue Growth Forecast (5Y) n/a
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 -0.2 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -0.2
Piotroski F-Score 4