Veren Past Earnings Performance
Past criteria checks 3/6
Veren has been growing earnings at an average annual rate of 42.8%, while the Oil and Gas industry saw earnings growing at 38.1% annually. Revenues have been growing at an average rate of 11.6% per year. Veren's return on equity is 6.6%, and it has net margins of 11.5%.
Key information
42.8%
Earnings growth rate
43.5%
EPS growth rate
| Oil and Gas Industry Growth | 42.1% |
| Revenue growth rate | 11.6% |
| Return on equity | 6.6% |
| Net Margin | 11.5% |
| Next Earnings Update | 27 Feb 2025 |
Recent past performance updates
Recent updates
We Think Veren (TSE:VRN) Can Stay On Top Of Its Debt
Aug 31
What You Can Learn From Veren Inc.'s (TSE:VRN) P/E
May 22Shareholders Would Not Be Objecting To Crescent Point Energy Corp.'s (TSE:CPG) CEO Compensation And Here's Why
May 04Is There An Opportunity With Crescent Point Energy Corp.'s (TSE:CPG) 42% Undervaluation?
Apr 12Is Crescent Point Energy (TSE:CPG) Using Too Much Debt?
Mar 26Crescent Point Energy (TSE:CPG) Has Announced That It Will Be Increasing Its Dividend To CA$0.115
Mar 08Getting In Cheap On Crescent Point Energy Corp. (TSE:CPG) Is Unlikely
Dec 25News Flash: Analysts Just Made A Dazzling Upgrade To Their Crescent Point Energy Corp. (TSE:CPG) Forecasts
Nov 20Here's Why Crescent Point Energy (TSE:CPG) Has A Meaningful Debt Burden
Oct 18Revenue & Expenses Breakdown
How Veren makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 3,852 | 442 | 108 | 0 |
| 30 Jun 24 | 3,841 | 298 | 130 | 0 |
| 31 Mar 24 | 3,510 | 216 | 125 | 0 |
| 31 Dec 23 | 3,190 | 799 | 125 | 0 |
| 30 Sep 23 | 3,128 | -81 | 135 | 0 |
| 30 Jun 23 | 3,067 | 201 | 119 | 0 |
| 31 Mar 23 | 3,230 | 148 | 122 | 0 |
| 31 Dec 22 | 3,512 | 1,147 | 113 | 0 |
| 30 Sep 22 | 3,506 | 1,846 | 115 | 0 |
| 30 Jun 22 | 3,396 | 1,509 | 123 | 0 |
| 31 Mar 22 | 3,260 | 3,526 | 119 | 0 |
| 31 Dec 21 | 2,829 | 2,364 | 108 | 0 |
| 30 Sep 21 | 2,426 | 2,191 | 99 | 0 |
| 30 Jun 21 | 2,070 | 2,114 | 98 | 0 |
| 31 Mar 21 | 1,549 | -174 | 86 | 0 |
| 31 Dec 20 | 1,488 | -2,520 | 78 | 0 |
| 30 Sep 20 | 1,723 | -3,401 | 81 | 0 |
| 30 Jun 20 | 2,001 | -3,703 | 79 | 0 |
| 31 Mar 20 | 2,583 | -3,359 | 89 | 0 |
| 31 Dec 19 | 2,877 | -1,033 | 100 | 0 |
| 30 Sep 19 | 2,924 | -2,492 | 95 | 0 |
| 30 Jun 19 | 3,176 | -2,159 | 80 | 0 |
| 31 Mar 19 | 3,295 | -2,524 | 114 | 0 |
| 31 Dec 18 | 3,321 | -2,617 | 141 | 0 |
| 30 Sep 18 | 3,451 | -283 | 175 | 0 |
| 30 Jun 18 | 3,194 | -584 | 194 | 0 |
| 31 Mar 18 | 2,959 | -334 | 175 | 0 |
| 31 Dec 17 | 2,859 | -124 | 156 | 0 |
| 30 Sep 17 | 2,695 | -578 | 138 | 0 |
| 30 Jun 17 | 2,595 | -416 | 143 | 0 |
| 31 Mar 17 | 2,455 | -726 | 144 | 0 |
| 31 Dec 16 | 2,185 | -933 | 156 | 0 |
| 30 Sep 16 | 2,124 | -804 | 161 | 0 |
| 30 Jun 16 | 2,185 | -897 | 162 | 0 |
| 31 Mar 16 | 2,285 | -912 | 159 | 0 |
| 31 Dec 15 | 2,364 | -870 | 156 | 0 |
| 30 Sep 15 | 2,556 | -366 | 149 | 0 |
| 30 Jun 15 | 2,839 | 93 | 136 | 0 |
| 31 Mar 15 | 3,127 | 432 | 152 | 0 |
| 31 Dec 14 | 3,460 | 509 | 148 | 0 |
| 30 Sep 14 | 3,437 | 374 | 150 | 0 |
| 30 Jun 14 | 3,329 | 204 | 164 | 0 |
| 31 Mar 14 | 3,088 | 177 | 135 | 0 |
| 31 Dec 13 | 2,882 | 145 | 129 | 0 |
Quality Earnings: VRN has high quality earnings.
Growing Profit Margin: VRN became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VRN has become profitable over the past 5 years, growing earnings by 42.8% per year.
Accelerating Growth: VRN has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: VRN has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-32.9%).
Return on Equity
High ROE: VRN's Return on Equity (6.6%) is considered low.