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Veren (TSE:VRN)
TSX:VRN
Veren (VRN) Stock Price & Analysis
783 Followers
VRN Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$7.98 - C$12.53
Previous CloseC$10.79
Volume2.88M
Average Volume (3M)2.97M
Market Cap
C$6.68B
Enterprise ValueC$10.49B
Total Cash (Recent Filing)C$21.80M
Total Debt (Recent Filing)C$3.83B
Price to Earnings (P/E)―
Beta1.53
Next Earnings
Jul 25, 2024EPS Estimate
C$0.45Last Dividend Ex-Date
Jun 14, 2024Dividend Yield3.91%
Share Statistics
EPS (TTM)-0.04
Shares Outstanding617,967,453
10 Day Avg. Volume2,922,816
30 Day Avg. Volume2,972,796
Standard Deviation0.20
R-Squared0.38
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)1.04
Price to Sales (P/S)1.80
Price to Cash Flow (P/CF)3.90
P/FCF Ratio29.30
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$14.96Price Target Upside35.34% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
Veren News
PremiumCompany Announcements
Veren Inc. Announces New Senior Notes Offering
PremiumCompany Announcements
Veren Inc. Finalizes Billion-Dollar Notes OfferingPremiumCompany Announcements
Veren Inc. Launches Billion-Dollar Notes Offering
PremiumCompany Announcements
Veren Inc. Finalizes $600 Million Asset SaleBulls Say, Bears Say
Bulls Say
Growth PotentialThe recent acquisition by Crescent Point promises to boost production, with an estimated increase to 80,000 boe/d by 2026, highlighting the company's strong growth potential.
Operational EfficiencyCrescent Point's acquisition of assets next to its Montney position allows for significant operational synergies, optimizing well performance and utilizing shared infrastructure.
Shareholder ValueCrescent Point's commitment to shareholders is evident as it aims to return approximately 60% of its free cash flow through dividends and share buybacks, underlining its shareholder-friendly approach.
Bears Say
Commodity Price SensitivityA company's growing reliance on natural gas could lead to financial headwinds if natural gas prices continue to decline.
Earnings OutlookExpectations of a sustained dip in natural gas prices might negatively impact the company's profit margins and overall financial health.
Stock ValuationAnalyst's reassessment of the company's future earnings potential has prompted a reduction in the stock's target price.
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Options Prices
Currently, No data available
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Ownership Overview
1.55% Insiders
9.57% Mutual Funds
6.67% Other Institutional Investors
82.22% Public Companies and Individual Investors
VRN FAQ
What was Veren’s price range in the past 12 months?
Veren lowest stock price was C$7.98 and its highest was C$12.53 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 Jul 25, 2024 which is in 22 days.
How were Veren’s earnings last quarter?
Veren released its earnings results on May 10, 2024. The company reported -C$0.66 earnings per share for the quarter, missing the consensus estimate of C$0.365 by -C$1.025.
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$0.12 which represents an annual dividend yield of 3.91%. See more information on Veren dividends here
What is Veren’s EPS estimate?
Veren’s EPS estimate is C$0.45.
How many shares outstanding does Veren have?
Veren has 619,489,400 shares outstanding.
What happened to Veren’s price movement after its last earnings report?
Veren reported an EPS of -C$0.66 in its last earnings report, missing expectations of C$0.365. Following the earnings report the stock price went down -0.832%.
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 87M.
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Veren Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
C$14.96 (35.34% Upside)
C$14.96 (35.34% Upside)
Blogger Sentiment
Bullish
TSE:VRN Sentiment 85%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 740.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.9M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.5%
Last 30 Days ▼ 6.7%
Last 30 Days ▼ 6.7%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
22.46%
12-Months-Change
Fundamentals
Return on Equity
3.83%
Trailing 12-Months
Asset Growth
23.33%
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
Q1 2024
0:00 / 0:00
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VRN Stock 12 Month Forecast
Average Price Target
C$14.96
▲(35.34% Upside)
Technical Analysis
Best Analysts Covering VRN
1 Year
1 Year Success Rate
14/17 ratings generated profit
1 Year Average Return
+52.25%
reiterated a buy rating 3 months ago
Copying Travis Wood's trades and holding each position for 1 Year would result in 82.35% of your transactions generating a profit, with an average return of +52.25% per trade.
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