Veren Inc.

TSX:VRN Stock Report

Market Cap: CA$5.4b

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

Veren Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Craig Bryksa

Chief executive officer

CA$4.9m

Total compensation

CEO salary percentage12.33%
CEO tenure7yrs
CEO ownership0.2%
Management average tenure6.9yrs
Board average tenure5.9yrs

Recent management updates

Analysis Article May 04

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

Key Insights Crescent Point Energy's Annual General Meeting to take place on 10th of May CEO Craig Bryksa's total...

Recent updates

Analysis Article Mar 05

Veren (TSE:VRN) Has Announced A Dividend Of CA$0.115

Veren Inc. ( TSE:VRN ) has announced that it will pay a dividend of CA$0.115 per share on the 1st of April. This makes...
Analysis Article Dec 31

Is Veren (TSE:VRN) Using Too Much Debt?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
User avatar
New Narrative Dec 26

Efficiency Gains In Alberta Montney And Kaybob Could Boost Growth, But Infrastructure Constraints Pose Risks

Investments in facility improvements and well design changes are expected to enhance production efficiency, reducing costs and boosting future revenue growth.
Analysis Article Dec 05

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

You may think that with a price-to-sales (or "P/S") ratio of 1.1x Veren Inc. ( TSE:VRN ) is a stock worth checking out...
Analysis Article Aug 31

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

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article May 22

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

Veren Inc.'s ( TSE:VRN ) price-to-earnings (or "P/E") ratio of 34.2x might make it look like a strong sell right now...
Analysis Article May 04

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

Key Insights Crescent Point Energy's Annual General Meeting to take place on 10th of May CEO Craig Bryksa's total...
Analysis Article Apr 12

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

Key Insights Crescent Point Energy's estimated fair value is CA$20.91 based on 2 Stage Free Cash Flow to Equity...
Analysis Article Mar 26

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

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Mar 08

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

Crescent Point Energy Corp. ( TSE:CPG ) will increase its dividend from last year's comparable payment on the 1st of...
Analysis Article Dec 25

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

With a median price-to-sales (or "P/S") ratio of close to 1.9x in the Oil and Gas industry in Canada, you could be...
Analysis Article Nov 20

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

Shareholders in Crescent Point Energy Corp. ( TSE:CPG ) may be thrilled to learn that the analysts have just delivered...

CEO Compensation Analysis

How has Craig Bryksa's remuneration changed compared to Veren's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024n/an/a

CA$284m

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

Compensation vs Market: Craig's total compensation ($USD3.48M) is about average for companies of similar size in the Canadian market ($USD3.18M).

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


CEO

Craig Bryksa (47 yo)

7yrs
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
President7yrsCA$4.86m0.21%
CA$ 11.4m
Kenneth Lamont
Chief Financial Officer9.3yrsCA$2.75m0.12%
CA$ 6.5m
Ryan Chad Gritzfeldt
Chief Operating Officer6.9yrsCA$2.64m0.12%
CA$ 6.5m
Mark Eade
Senior VP21.3yrsCA$1.75m0.045%
CA$ 2.4m
William Holt
Senior Vice President of Strategy & Planningless than a yearCA$1.69mno data
Sarfraz Somani
Manager of Investor Relationsno datano datano data
Justin Foraie
Senior Vice President of Operations & Marketing1.3yrsno datano data
Shelly Witwer
Senior Vice President of Business Development3.3yrsno data0.041%
CA$ 2.2m
Michael Politeski
Senior Vice President of Finance & Treasurerno datano datano data
6.9yrs
Average Tenure

Experienced Management: VRN's management team is seasoned and experienced (6.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Craig Bryksa
President7yrsCA$4.86m0.21%
CA$ 11.4m
Mike Jackson
Independent Director8.5yrsCA$221.00k0.015%
CA$ 818.4k
Francois Langlois
Independent Director7yrsCA$223.00k0.00025%
CA$ 13.5k
John Dielwart
Independent Director6.2yrsCA$215.00k0.029%
CA$ 1.5m
Myron Stadnyk
Independent Director4.8yrsCA$222.00k0.026%
CA$ 1.4m
Corey Bieber
Independent Directorless than a yearno data0.0039%
CA$ 211.1k
Jodine Labrie
Independent Directorless than a yearno data0.00082%
CA$ 44.1k
Barbara Munroe
Independent Chair of the Board9.2yrsCA$330.00k0.016%
CA$ 867.4k
James Craddock
Independent Director5.9yrsCA$248.00kno data
Jennifer Koury
Independent Director5.9yrsCA$217.00k0.0016%
CA$ 87.8k
Mindy Wight
Independent Director3yrsCA$211.00kno data
5.9yrs
Average Tenure
61.5yo
Average Age

Experienced Board: VRN's board of directors are considered experienced (5.9 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/13 10:46
End of Day Share Price 2025/05/12 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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 Github.

Analyst Sources

Veren Inc. is covered by 13 analysts. 3 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
Garett UrsuATB Cormark Historical (Cormark Securities)