Veren Inc.

NYSE:VRN Aktierapport

Börsvärde: US$3.9b

This company is no longer active

The company may no longer be operating, as it may be out of business. Find out why through their latest events.

Veren Förvaltning

Förvaltning kriterier kontrolleras 4/4

Vi har för närvarande inte tillräcklig information om VD:n.

Viktig information

Craig Bryksa

Verkställande direktör

CA$4.9m

Total ersättning

VD-lön i procent12.33%
Anställning som VD7yrs
Ägande av VD0.2%
Ledningens genomsnittliga anställningstid6.9yrs
Styrelsens genomsnittliga mandatperiod5.9yrs

Senaste uppdateringar av ledningen

Recent updates

Seeking Alpha • Mar 13

Whitecap-Veren Merger: Over 9% Dividend Yield And Still Growing With 2030 Projection

Summary The C$15 billion Whitecap-Veren merger creates the 7th-largest Canadian oil & gas producer. Whitecap's acquisition of Veren offers a high dividend yield of over 9%, significant growth potential, and savings from synergies. Whitecap's stock is temporarily down due to arbitrage trade between Whitecap and Veren. Read the full article on Seeking Alpha
Seeking Alpha • Mar 02

Veren: End Of An Era

Summary Veren has transformed from a struggling company to a cash flow juggernaut. The debt is now investment grade, which is a huge improvement over the situation when management arrived roughly a decade ago. Shareholder returns will include share repurchases, a base dividend, and occasional special dividends, with expected total returns in the teens. Technology advances may impact long-term returns; but their rapid industry adoption could affect selling prices and margins. Management is now focused on growing operations and returning cash to shareholders, rather than reshuffling the acreage portfolio. Read the full article on Seeking Alpha
Seeking Alpha • Jan 31

Veren: Canadian Oil At A Discount And With Potential For Increased Shareholder Returns

Summary Veren Inc. plans to generate C$3.8 billion in excess cash flow over five years, distributing 60% to shareholders. The company is undervalued, with a fair value of C$15 per share, offering a 100% potential upside based on a 5x EV/EBITDA ratio. Management focuses on increasing per share growth, maintaining a strong balance sheet, and returning capital to shareholders through dividends and share buybacks. Risks include oil price volatility and drilling results, but management's hedging strategy and revised drilling methods mitigate these concerns. Read the full article on Seeking Alpha
Seeking Alpha • Nov 25

Veren: Updating The Long-Term Projection - Patience Will Be Well Rewarded

Summary Veren’s 20% sell-off after Q3 results reflects impatience with a production miss and a failed P&P drilling experiment. Core assets remain solid, management has reverted to proven techniques, and insider buying signals confidence. At $70 WTI and C$3 AECO, Veren is projected to generate C$3.7 billion in FCF over five years, supporting dividends, growth, debt reduction, and buybacks. Shares offer ~60% upside to C$12, with a 19% yield on cost and 15 years of premium drilling inventory by 2029. Read the full article on Seeking Alpha
Seeking Alpha • Nov 02

Veren: Forward Progress Now That Management Has What It Wants

Summary The 10,000 BOED decrease that concerned the market appears to be unprofitable. The experimental wells are unlikely to affect the company materially, no matter how disappointing they are. The infrastructure and deferred maintenance issues should have been expected by the market. The forward company performance should be better than the past company performance now that management has what it wanted. This is an excellent contrarian opportunity, as nothing that happened is a permanent impairment. Read the full article on Seeking Alpha
Seeking Alpha • Sep 20

Veren: Onward To The Future

Summary Veren Inc. has achieved investment-grade status. Few management teams can take a zombie corporation to investment-grade status. The company's debt levels have significantly improved. Those debt levels are now headed to conservative territory. A future revaluation of the stock price implies more upside potential than downside potential. The latest debt paydown should raise roughly C$400 million to repay debt.  The company is close to cutting debt levels in half in a short period of time. Read the full article on Seeking Alpha
Seeking Alpha • Jul 22

Veren Is The Low-Cost And High-Growth Producer Your Portfolio Needs

Summary Veren Inc., formerly Crescent Point Energy, to report Q2 ’24 earnings on 7/25/24. I anticipate the firm to generate $1.15b in revenue and an EPS of $0.52/share. Management anticipates growing daily production by ~25% in eFY25 on a y/y basis, with the long-term target of 250Mbbl/d in 2028. Veren is focusing efforts on their highly liquid assets in the Gold Creek West and Karr West regions. Read the full article on Seeking Alpha
Seeking Alpha • Mar 05

Crescent Point Energy Is Shifting From Transition To Growth

Summary Crescent Point Energy has transitioned from a zombie corporation to a cash generation machine. The company is now profitable enough to grow and pay a dividend. That is a rare accomplishment. Management's rare success in transforming the company puts it in a position to thrive. It also marks this management as excellent. Earnings history of the company will begin to be comparable (finally) going forward. The stock should return to historical valuations as the industry returns to market favor from the doghouse. Read the full article on Seeking Alpha
Seeking Alpha • Feb 24

Crescent Point Seems Undervalued

Summary Crescent Point Energy's share price has fallen significantly since 2014, causing caution among investors. The company's acquisition of Montney lands from Spartan Delta last May raised concerns about excess debt. My current analysis suggests that Crescent Point's shares are undervalued, with a potential value of CDN$18. Crescent Point shares may now be a solid long term hold. Read the full article on Seeking Alpha
Seeking Alpha • Jan 23

Crescent Point Gets Hit On The Head With A Hammer

Summary We had Crescent Point Energy Corp. downgraded to "Hold" due to the expected drop in free cash flow yields and poor capital transactions. The stock has dropped significantly, lagging behind the broader market and Canadian energy ETFs. The gassy acquisition will be regretted in 2024 as the front-end AECO strip gets obliterated. Read the full article on Seeking Alpha
Seeking Alpha • Jan 05

Crescent Point Energy: Transition Is Finally Over

Summary Crescent Point Energy management announces completion of company transition. Management is done remaking the company, but may consider future deals if the right opportunity arises. Shareholders may be frustrated with quarterly or annual results due to acquisitions and disposals, but things should become simpler going forward. The future returns will be as a growth and income play. Management began the future with a dividend increase. Read the full article on Seeking Alpha
Seeking Alpha • Nov 14

Crescent Point Is About To Become The Second Largest Montney Producer

Summary Crescent Point Energy announces $2.55 billion acquisition of Hammerhead Energy. Crescent Point reports bolstering their high-quality Montney assets with estimated FY24 production of 94mboe/d. The acquisition will increase Crescent Point's production by 23% and total proved and probable reserves by 25%. Read the full article on Seeking Alpha
Seeking Alpha • Nov 07

Crescent Point: Running After That Untamed Ornithoid

Summary Crescent Point Energy has announced its acquisition of Hammerhead Energy for approximately $2.55 billion. The purchase will enhance Crescent Point's drilling inventory profile. We tell you why we think the Data suggests that we look elsewhere for returns. Read the full article on Seeking Alpha
Seeking Alpha • Oct 13

Crescent Point Energy: Refocus Almost Complete

Summary Crescent Point Energy Corp. has announced the disposition of its U.S. operations, focusing solely on Canadian operations. The company's reduced debt allows it to wait for a cyclical recovery in the industry before resuming drilling and completion activities. The company's strong balance sheet and optimization efforts are expected to increase profitability and lower the breakeven point over time. This management can likely drill and complete wells profitably during industry conditions when others are idle.  That gives management a cost advantage. Comparisons with previous years are hard due to all the acquisitions and dispositions. Read the full article on Seeking Alpha
Seeking Alpha • Sep 05

Crescent Point Energy: A Low-Cost Liquids-Rich Oil Producer With Growth Potential

Summary Crescent Point Energy is a Canadian oil producer with a majority of its production coming from crude oil & condensate. The company recently completed a strategic acquisition of oil and liquids-rich Montney assets, increasing its leverage but providing growth potential. Crescent Point is expected to deleverage quickly and reach a net debt of around C$2B by the end of the year while still distributing cash flows to shareholders. Read the full article on Seeking Alpha

Analys av ersättningar till VD

Hur har Craig Bryksa:s ersättning förändrats jämfört med Veren:s resultat?
DatumTotal ersättningLönFöretagets resultat
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

Ersättning vs marknad: Craig s total kompensation ($USD 3.48M ) är under genomsnittet för företag av liknande storlek på US marknaden ($USD 7.03M ).

Ersättning vs inkomst: Ersättningen från Craig har varit i linje med företagets resultat under det senaste året.

VD OCH KONCERNCHEF

Craig Bryksa (47 yo)

7yrs
Anställning
CA$4,864,229
Kompensation

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...

Ledningsgrupp

NamnPositionAnställningKompensationÄgarskap
Craig Bryksa
President7yrsCA$4.86m0.21%
$ 8.2m
Kenneth Lamont
Chief Financial Officer9.3yrsCA$2.75m0.12%
$ 4.7m
Ryan Chad Gritzfeldt
Chief Operating Officer6.9yrsCA$2.64m0.12%
$ 4.6m
Mark Eade
Senior VP21.3yrsCA$1.75m0.045%
$ 1.7m
William Holt
Senior Vice President of Strategy & Planningless than a yearCA$1.69minga uppgifter
Sarfraz Somani
Manager of Investor Relationsno datainga uppgifteringa uppgifter
Justin Foraie
Senior Vice President of Operations & Marketing1.3yrsinga uppgifteringa uppgifter
Shelly Witwer
Senior Vice President of Business Development3.3yrsinga uppgifter0.041%
$ 1.6m
Michael Politeski
Senior Vice President of Finance & Treasurerno datainga uppgifteringa uppgifter
6.9yrs
Genomsnittlig anställningstid

Erfaren ledning: VRN s ledningsgrupp är erfaren och erfaren ( 6.9 års genomsnittlig anställning).

Styrelseledamöter

NamnPositionAnställningKompensationÄgarskap
Craig Bryksa
President7yrsCA$4.86m0.21%
$ 8.2m
Mike Jackson
Independent Director8.5yrsCA$221.00k0.015%
$ 586.2k
Francois Langlois
Independent Director7yrsCA$223.00k0.00025%
$ 9.6k
John Dielwart
Independent Director6.2yrsCA$215.00k0.029%
$ 1.1m
Myron Stadnyk
Independent Director4.8yrsCA$222.00k0.026%
$ 1.0m
Corey Bieber
Independent Directorless than a yearinga uppgifter0.0039%
$ 151.2k
Jodine Labrie
Independent Directorless than a yearinga uppgifter0.00082%
$ 31.6k
Barbara Munroe
Independent Chair of the Board9.2yrsCA$330.00k0.016%
$ 621.3k
James Craddock
Independent Director5.9yrsCA$248.00kinga uppgifter
Jennifer Koury
Independent Director5.9yrsCA$217.00k0.0016%
$ 62.9k
Mindy Wight
Independent Director3yrsCA$211.00kinga uppgifter
5.9yrs
Genomsnittlig anställningstid
61.5yo
Genomsnittlig ålder

Erfaren styrelse: VRN s styrelse anses vara erfaren ( 5.9 års genomsnittlig mandatperiod).

Företagsanalys och finansiella data Status

UppgifterSenast uppdaterad (UTC-tid)
Analys av företag2025/05/13 20:08
Aktiekurs vid dagens slut2025/05/09 00:00
Intäkter2024/12/31
Årlig intjäning2024/12/31

Datakällor

Den data som används i vår företagsanalys kommer från S&P Global Market Intelligence LLC. Följande data används i vår analysmodell för att generera denna rapport. Data är normaliserade vilket kan medföra en fördröjning från det att källan är tillgänglig.

PaketUppgifterTidsramExempel US-källa
Företagets finansiella ställning10 år
  • Resultaträkning
  • Kassaflödesanalys
  • Balansräkning
Analytikernas konsensusuppskattningar+3 år
  • Prognos för finansiella poster
  • Analytikernas prismål
Marknadspriser30 år
  • Aktiekurser
  • Utdelningar, splittar och åtgärder
Ägarskap10 år
  • Största aktieägare
  • Insiderhandel
Förvaltning10 år
  • Ledningsgrupp
  • Styrelse och verkställande direktörer
Viktiga utvecklingstendenser10 år
  • Företagsmeddelanden

* Exempel för amerikanska värdepapper, för icke-amerikanska värdepapper används motsvarande regelverk och källor.

Om inget annat anges är all finansiell data baserad på en årsperiod men uppdateras kvartalsvis. Detta kallas data för efterföljande tolv månader (TTM) eller senaste tolv månader (LTM). Lär dig mer om detta.

Analysmodell och snöflinga

Detaljer om analysmodellen som användes för att skapa den här rapporten finns på vår Github-sida, vi har också guider om hur du använder våra rapporter och tutorials på Youtube.

Lär dig mer om det team i världsklass som utformade och byggde analysmodellen Simply Wall St.

Industri- och sektormått

Våra bransch- och sektionsmått beräknas var sjätte timme av Simply Wall St, detaljer om vår process finns tillgängliga på Github.

Källor för analytiker

Veren Inc. bevakas av 13 analytiker. 2 av dessa analytiker lämnade de uppskattningar av intäkter eller resultat som användes som indata till vår rapport. Analytikernas inskickade estimat uppdateras löpande under dagen.

AnalytikerInstitution
Harshit GuptaAccountability Research Corporation
null nullArgus Research Company
Garett UrsuATB Cormark Historical (Cormark Securities)