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Veren TSX:CPG Stock Report

Last Price

CA$11.72

Market Cap

CA$7.3b

7D

-3.5%

1Y

32.6%

Updated

14 May, 2024

Data

Company Financials +

Veren Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Veren
Historical stock prices
Current Share PriceCA$11.72
52 Week HighCA$12.67
52 Week LowCA$8.16
Beta2.83
1 Month Change-2.90%
3 Month Change36.60%
1 Year Change32.58%
3 Year Change133.93%
5 Year Change118.25%
Change since IPO837.60%

Recent News & Updates

Shareholders Would Not Be Objecting To Crescent Point Energy Corp.'s (TSE:CPG) CEO Compensation And Here's Why

May 04
Shareholders Would Not Be Objecting To Crescent Point Energy Corp.'s (TSE:CPG) CEO Compensation And Here's Why

Is There An Opportunity With Crescent Point Energy Corp.'s (TSE:CPG) 42% Undervaluation?

Apr 12
Is There An Opportunity With Crescent Point Energy Corp.'s (TSE:CPG) 42% Undervaluation?

Recent updates

Shareholders Would Not Be Objecting To Crescent Point Energy Corp.'s (TSE:CPG) CEO Compensation And Here's Why

May 04
Shareholders Would Not Be Objecting To Crescent Point Energy Corp.'s (TSE:CPG) CEO Compensation And Here's Why

Is There An Opportunity With Crescent Point Energy Corp.'s (TSE:CPG) 42% Undervaluation?

Apr 12
Is There An Opportunity With Crescent Point Energy Corp.'s (TSE:CPG) 42% Undervaluation?

Is Crescent Point Energy (TSE:CPG) Using Too Much Debt?

Mar 26
Is Crescent Point Energy (TSE:CPG) Using Too Much Debt?

Crescent Point Energy (TSE:CPG) Has Announced That It Will Be Increasing Its Dividend To CA$0.115

Mar 08
Crescent Point Energy (TSE:CPG) Has Announced That It Will Be Increasing Its Dividend To CA$0.115

Getting In Cheap On Crescent Point Energy Corp. (TSE:CPG) Is Unlikely

Dec 25
Getting In Cheap On Crescent Point Energy Corp. (TSE:CPG) Is Unlikely

News Flash: Analysts Just Made A Dazzling Upgrade To Their Crescent Point Energy Corp. (TSE:CPG) Forecasts

Nov 20
News Flash: Analysts Just Made A Dazzling Upgrade To Their Crescent Point Energy Corp. (TSE:CPG) Forecasts

Here's Why Crescent Point Energy (TSE:CPG) Has A Meaningful Debt Burden

Oct 18
Here's Why Crescent Point Energy (TSE:CPG) Has A Meaningful Debt Burden

Estimating The Intrinsic Value Of Crescent Point Energy Corp. (TSE:CPG)

May 04
Estimating The Intrinsic Value Of Crescent Point Energy Corp. (TSE:CPG)

Analysts' Revenue Estimates For Crescent Point Energy Corp. (TSE:CPG) Are Surging Higher

Mar 30
Analysts' Revenue Estimates For Crescent Point Energy Corp. (TSE:CPG) Are Surging Higher

Crescent Point Energy's (TSE:CPG) Upcoming Dividend Will Be Larger Than Last Year's

Mar 10
Crescent Point Energy's (TSE:CPG) Upcoming Dividend Will Be Larger Than Last Year's

Crescent Point Energy's (TSE:CPG) Upcoming Dividend Will Be Larger Than Last Year's

Feb 11
Crescent Point Energy's (TSE:CPG) Upcoming Dividend Will Be Larger Than Last Year's

Does Crescent Point Energy (TSE:CPG) Have A Healthy Balance Sheet?

Feb 09
Does Crescent Point Energy (TSE:CPG) Have A Healthy Balance Sheet?

Crescent Point Energy (TSE:CPG) Has Announced That It Will Be Increasing Its Dividend To CA$0.10

Jan 12
Crescent Point Energy (TSE:CPG) Has Announced That It Will Be Increasing Its Dividend To CA$0.10

Crescent Point Energy (TSE:CPG) Is Increasing Its Dividend To CA$0.10

Dec 25
Crescent Point Energy (TSE:CPG) Is Increasing Its Dividend To CA$0.10

Crescent Point Energy (TSE:CPG) Is Increasing Its Dividend To CA$0.08

Dec 11
Crescent Point Energy (TSE:CPG) Is Increasing Its Dividend To CA$0.08

Crescent Point Energy Corp.'s (TSE:CPG) Share Price Boosted 40% But Its Business Prospects Need A Lift Too

Oct 27
Crescent Point Energy Corp.'s (TSE:CPG) Share Price Boosted 40% But Its Business Prospects Need A Lift Too

Shareholder Returns

CPGCA Oil and GasCA Market
7D-3.5%-0.8%0.8%
1Y32.6%22.8%10.3%

Return vs Industry: CPG exceeded the Canadian Oil and Gas industry which returned 22.8% over the past year.

Return vs Market: CPG exceeded the Canadian Market which returned 10.3% over the past year.

Price Volatility

Is CPG's price volatile compared to industry and market?
CPG volatility
CPG Average Weekly Movement3.5%
Oil and Gas Industry Average Movement6.6%
Market Average Movement8.8%
10% most volatile stocks in CA Market17.8%
10% least volatile stocks in CA Market3.1%

Stable Share Price: CPG's share price has been volatile over the past 3 months.

Volatility Over Time: CPG's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1994777Craig Bryksawww.vrn.com

Crescent Point Energy Corp. 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.

Veren Inc. Fundamentals Summary

How do Veren's earnings and revenue compare to its market cap?
CPG fundamental statistics
Market capCA$7.27b
Earnings (TTM)CA$215.70m
Revenue (TTM)CA$3.51b

33.6x

P/E Ratio

2.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CPG income statement (TTM)
RevenueCA$3.51b
Cost of RevenueCA$1.15b
Gross ProfitCA$2.36b
Other ExpensesCA$2.14b
EarningsCA$215.70m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Jul 25, 2024

Earnings per share (EPS)0.35
Gross Margin67.13%
Net Profit Margin6.15%
Debt/Equity Ratio56.3%

How did CPG perform over the long term?

See historical performance and comparison

Dividends

4.4%

Current Dividend Yield

108%

Payout Ratio

Does CPG pay a reliable dividends?

See CPG dividend history and benchmarks
When do you need to buy CPG by to receive an upcoming dividend?
Veren dividend dates
Ex Dividend DateJun 14 2024
Dividend Pay DateJul 02 2024
Days until Ex dividend29 days
Days until Dividend pay date47 days

Does CPG pay a reliable dividends?

See CPG dividend history and benchmarks
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