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Veren TSX:VRN Stock Report

Last Price

CA$10.44

Market Cap

CA$6.4b

7D

-0.7%

1Y

22.2%

Updated

20 Jun, 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$10.44
52 Week HighCA$12.67
52 Week LowCA$8.16
Beta2.8
11 Month Change-12.56%
3 Month Change-1.42%
1 Year Change22.25%
33 Year Change82.84%
5 Year Change140.55%
Change since IPO735.20%

Recent News & Updates

What You Can Learn From Veren Inc.'s (TSE:VRN) P/E

May 22
What You Can Learn From Veren Inc.'s (TSE:VRN) P/E

Recent updates

What You Can Learn From Veren Inc.'s (TSE:VRN) P/E

May 22
What You Can Learn From Veren Inc.'s (TSE:VRN) P/E

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

Shareholder Returns

VRNCA Oil and GasCA Market
7D-0.7%-0.1%-0.7%
1Y22.2%19.2%10.1%

Return vs Industry: VRN exceeded the Canadian Oil and Gas industry which returned 19.2% over the past year.

Return vs Market: VRN exceeded the Canadian Market which returned 10.1% over the past year.

Price Volatility

Is VRN's price volatile compared to industry and market?
VRN volatility
VRN Average Weekly Movement4.1%
Oil and Gas Industry Average Movement6.6%
Market Average Movement8.3%
10% most volatile stocks in CA Market16.7%
10% least volatile stocks in CA Market3.0%

Stable Share Price: VRN has not had significant price volatility in the past 3 months.

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

About the Company

FoundedEmployeesCEOWebsite
1994777Craig Bryksawww.vrn.com

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.

Veren Inc. Fundamentals Summary

How do Veren's earnings and revenue compare to its market cap?
VRN fundamental statistics
Market capCA$6.38b
Earnings (TTM)CA$215.70m
Revenue (TTM)CA$3.51b

29.9x

P/E Ratio

1.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VRN 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 VRN perform over the long term?

See historical performance and comparison

Dividends

4.6%

Current Dividend Yield

108%

Payout Ratio
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