Veren (NYSE:VRN - Get Free Report) will issue its quarterly earnings data before the market opens on Thursday, October 31st. Analysts expect the company to announce earnings of $0.25 per share for the quarter. Parties that are interested in participating in the company's conference call can do so using this link.
Veren (NYSE:VRN - Get Free Report) last announced its earnings results on Thursday, July 25th. The company reported $0.28 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.28. Veren had a positive return on equity of 13.50% and a negative net margin of 0.69%. The company had revenue of $852.57 million for the quarter, compared to analyst estimates of $821.00 million. On average, analysts expect Veren to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Veren Stock Performance
Shares of VRN stock traded up $0.12 during mid-day trading on Friday, reaching $6.26. 6,231,505 shares of the company were exchanged, compared to its average volume of 4,434,473. The company has a market capitalization of $3.87 billion, a P/E ratio of -76.75 and a beta of 2.14. The company has a 50 day moving average price of $6.57. The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of 0.36. Veren has a fifty-two week low of $5.95 and a fifty-two week high of $9.28.
Wall Street Analyst Weigh In
Several brokerages have recently commented on VRN. Raymond James started coverage on shares of Veren in a research report on Friday, October 18th. They set a "strong-buy" rating and a $13.00 price target on the stock. Scotiabank decreased their target price on Veren from $16.00 to $15.00 and set a "sector outperform" rating for the company in a research report on Friday, July 12th.
Read Our Latest Report on VRN
Veren Company Profile
(
Get Free Report)
Veren Inc explores, develops, and produces oil and gas properties in Canada and the United States. The company focuses on crude oil, tight oil, natural gas liquids, shale gas, and natural gas reserves. Its properties are located in the provinces of Saskatchewan, Alberta, British Columbia, and Manitoba; and the states of North Dakota.
Recommended Stories
Before you consider Veren, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Veren wasn't on the list.
While Veren currently has a "Strong Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
