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Veren (TSE:VRN)
TSX:VRN
Holding TSE:VRN?
Track your performance easily
VRN Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$6.84 - C$12.67
Previous CloseC$7.43
Volume2.12M
Average Volume (3M)3.94M
Market Cap
C$4.57B
Enterprise ValueC$7.46B
Total Cash (Recent Filing)C$8.20M
Total Debt (Recent Filing)C$2.90B
Price to Earnings (P/E)3.8
Beta1.42
Next Earnings
Feb 27, 2025EPS Estimate
C$0.31Last Dividend Ex-Date
Dec 13, 2024Dividend Yield6.17%
Share Statistics
EPS (TTM)1.96
Shares Outstanding616,846,070
10 Day Avg. Volume3,807,737
30 Day Avg. Volume3,937,962
Standard Deviation0.20
R-Squared0.36
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)0.69
Price to Sales (P/S)1.06
Price to Cash Flow (P/CF)2.00
P/FCF Ratio6.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$11.44Price Target Upside53.93% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
Veren News
PremiumCompany Announcements
Veren Inc. Reports Strong Q3 2024 Financials
PremiumCompany Announcements
Veren Reports Strong Q3 2024 Results and OutlookBulls Say, Bears Say
Bulls Say
EarningsVRN's Q3/24 results were in line with expectations, providing stability to the company's performance.
Operational PerformanceMost well pads are outperforming prior wells since 2020, and with Veren now drilling and completing wells under their own design, results will likely continue to improve.
Strategic PartnershipsVRN announced a Montney infrastructure transaction with Pembina Gas Infrastructure (PGI) for $400 million, alongside renegotiated agreements resulting in $15 million lower fees.
Bears Say
Financial OutlookThe target price has been lowered to C$13.00 due to updated estimates, reflecting a more cautious outlook.
Investor SentimentCombination of the share price underperforming in August has only fueled more speculation that there are growing issues, either with underperforming assets or the newest wells not coming in as expected.
Production PerformanceThe company's trial of a new completions design at Gold Creek has proven unsuccessful, resulting in lower production rates.
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Options Prices
Currently, No data available
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Ownership Overview
0.72% Insiders
9.40% Mutual Funds
19.93% Other Institutional Investors
62.68% Public Companies and
Individual Investors
VRN FAQ
What was Veren’s price range in the past 12 months?
Veren lowest stock price was C$6.83 and its highest was C$12.67 in the past 12 months.
What is Veren’s market cap?
Currently, no data Available
When is Veren’s upcoming earnings report date?
Veren’s upcoming earnings report date is Feb 27, 2025 which is in 68 days.
How were Veren’s earnings last quarter?
Veren released its earnings results on Oct 31, 2024. The company reported C$0.45 earnings per share for the quarter, beating the consensus estimate of C$0.327 by C$0.123.
Is Veren overvalued?
According to Wall Street analysts Veren’s price is currently Undervalued.
Does Veren pay dividends?
Veren pays a Notavailable dividend of C$0.115 which represents an annual dividend yield of 6.17%. See more information on Veren dividends here
What is Veren’s EPS estimate?
Veren’s EPS estimate is C$0.31.
How many shares outstanding does Veren have?
Veren has 615,539,700 shares outstanding.
What happened to Veren’s price movement after its last earnings report?
Veren reported an EPS of C$0.45 in its last earnings report, beating expectations of C$0.327. Following the earnings report the stock price went down -14.439%.
Which hedge fund is a major shareholder of Veren?
Among the largest hedge funds holding Veren’s share is GMT Capital Corp. It holds Veren’s shares valued at 63M.
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Veren Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
C$11.44 (53.93% Upside)
C$11.44 (53.93% Upside)
Blogger Sentiment
Bullish
TSE:VRN Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 6.8M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $524.6K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.9%
Last 30 Days ▲ 6.6%
Last 30 Days ▲ 6.6%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-21.22%
12-Months-Change
Fundamentals
Return on Equity
6.97%
Trailing 12-Months
Asset Growth
11.09%
Trailing 12-Months
Company Description
Veren
Crescent Point Energy Corp. engages in the exploration, development, and production of oil and gas properties. It focuses on the following locations: Viewfield Bakken, Shaunavon, Flat Lake, Duvernay, and Uinta Basin. The company was founded on April 20, 1994 and is headquartered in Calgary, Canada.
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VRN Company Deck
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VRN Earnings Call
Q3 2024
0:00 / 0:00
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VRN Stock 12 Month Forecast
Average Price Target
C$11.44
▲(53.93% Upside)
Technical Analysis
Best Analysts Covering VRN
1 Year
1 Year Success Rate
13/17 ratings generated profit
1 Year Average Return
+48.26%
reiterated a buy rating 8 months ago
Copying Travis Wood's trades and holding each position for 1 Year would result in 76.47% of your transactions generating a profit, with an average return of +48.26% per trade.
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