Veren Inc.

TSX:VRN Stock Report

Market Cap: CA$4.1b

Veren Management

Management criteria checks 4/4

Veren's CEO is Craig Bryksa, appointed in May 2018, has a tenure of 6.58 years. total yearly compensation is CA$4.86M, comprised of 12.3% salary and 87.7% bonuses, including company stock and options. directly owns 0.2% of the company’s shares, worth CA$8.37M. The average tenure of the management team and the board of directors is 6.5 years and 5.8 years respectively.

Key information

Craig Bryksa

Chief executive officer

CA$4.9m

Total compensation

CEO salary percentage12.3%
CEO tenure6.6yrs
CEO ownership0.2%
Management average tenure6.5yrs
Board average tenure5.8yrs

Recent management 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

Recent updates

Veren Inc. (TSE:VRN) Screens Well But There Might Be A Catch

Dec 05
Veren Inc. (TSE:VRN) Screens Well But There Might Be A Catch

We Think Veren (TSE:VRN) Can Stay On Top Of Its Debt

Aug 31
We Think Veren (TSE:VRN) Can Stay On Top Of Its Debt

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

CEO Compensation Analysis

How has Craig Bryksa's remuneration changed compared to Veren's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

CA$442m

Jun 30 2024n/an/a

CA$298m

Mar 31 2024n/an/a

CA$216m

Dec 31 2023CA$5mCA$600k

CA$799m

Sep 30 2023n/an/a

-CA$81m

Jun 30 2023n/an/a

CA$201m

Mar 31 2023n/an/a

CA$148m

Dec 31 2022CA$5mCA$575k

CA$1b

Sep 30 2022n/an/a

CA$2b

Jun 30 2022n/an/a

CA$2b

Mar 31 2022n/an/a

CA$4b

Dec 31 2021CA$4mCA$500k

CA$2b

Sep 30 2021n/an/a

CA$2b

Jun 30 2021n/an/a

CA$2b

Mar 31 2021n/an/a

-CA$174m

Dec 31 2020CA$4mCA$450k

-CA$3b

Sep 30 2020n/an/a

-CA$3b

Jun 30 2020n/an/a

-CA$4b

Mar 31 2020n/an/a

-CA$3b

Dec 31 2019CA$4mCA$477k

-CA$1b

Sep 30 2019n/an/a

-CA$2b

Jun 30 2019n/an/a

-CA$2b

Mar 31 2019n/an/a

-CA$3b

Dec 31 2018CA$3mCA$353k

-CA$3b

Sep 30 2018n/an/a

-CA$283m

Jun 30 2018n/an/a

-CA$584m

Mar 31 2018n/an/a

-CA$334m

Dec 31 2017CA$1mCA$223k

-CA$124m

Compensation vs Market: Craig's total compensation ($USD3.38M) is about average for companies of similar size in the Canadian market ($USD3.19M).

Compensation vs Earnings: Craig's compensation has been consistent with company performance over the past year.

CEO

Craig Bryksa (47 yo)

6.6yrs

Tenure

CA$4,864,229

Compensation

Mr. Craig Bryksa served as Chair of the Board of Governors of Canadian Association of Petroleum Producers and serves as its Director. He has been President and Chief Executive Officer at Crescent Point Ene...

Leadership Team

NamePositionTenureCompensationOwnership
Craig Bryksa
President6.6yrsCA$4.86m0.20%
CA$ 8.4m
Kenneth Lamont
Chief Financial Officer8.9yrsCA$2.75m0.11%
CA$ 4.7m
Ryan Chad Gritzfeldt
Chief Operating Officer6.5yrsCA$2.64m0.11%
CA$ 4.7m
Mark Eade
Senior VP20.9yrsCA$1.75m0.042%
CA$ 1.7m
Garret Holt
Senior Vice President of Strategy & Planningless than a yearCA$1.69mno data
Sarfraz Somani
Manager of Investor Relationsno datano datano data
Shelly Witwer
Senior Vice President of Business Development2.9yrsno data0.038%
CA$ 1.6m
Michael Politeski
Senior Vice President of Finance & Treasurerno datano datano data

6.5yrs

Average Tenure

Experienced Management: VRN's management team is seasoned and experienced (6.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Craig Bryksa
President6.6yrsCA$4.86m0.20%
CA$ 8.4m
Mike Jackson
Independent Director8.1yrsCA$221.00k0.014%
CA$ 596.5k
Francois Langlois
Independent Director6.6yrsCA$223.00k0.00025%
CA$ 10.3k
John Dielwart
Independent Director5.8yrsCA$215.00k0.028%
CA$ 1.2m
Myron Stadnyk
Independent Director4.4yrsCA$222.00k0.022%
CA$ 903.2k
Barbara Munroe
Independent Chair of the Board8.8yrsCA$330.00k0.015%
CA$ 629.9k
James Craddock
Independent Director5.5yrsCA$248.00kno data
Jennifer Koury
Independent Director5.5yrsCA$217.00k0.0016%
CA$ 67.1k
Mindy Wight
Independent Director2.6yrsCA$211.00kno data

5.8yrs

Average Tenure

62yo

Average Age

Experienced Board: VRN's board of directors are considered experienced (5.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 05:07
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Veren Inc. is covered by 36 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Harshit GuptaAccountability Research Corporation
null nullArgus Research Company
Laique Ahmad Amir ArifATB Capital Markets