Veren (VRN) Stock Price, News & Analysis

Company Overview

Veren Inc. is a Canada-based oil producer with assets in central Alberta and southeast and southwest Saskatchewan. The principal activities of the Company are acquiring, developing and holding interests in petroleum and natural gas properties and assets related thereto through a general partnership and wholly owned subsidiaries. Its core operational areas include Kaybob Duvernay and Alberta Montney, Shaunavon and Viewfield Bakken. Its Kaybob Duvernay is situated in the heart of the condensate rich fairway, Central Alberta, which provides low risk drilling inventory. Its Alberta Montney assets sit adjacent to its Kaybob Duvernay lands, possessing similar resource characteristics including pay thickness and permeability in the volatile oil fairway of the reservoir. Its Shaunavon resource play is located in southwest Saskatchewan. The Viewfield Bakken light oil pool is located in Saskatchewan.

Key Stats

• Today's Range: C$8.47 to C$8.67
• 50-Day Range: C$6.82 to C$9.68
• 52-Week Range: C$6.34 to C$12.67
• Volume: 2.93 million shs
• Average Volume: 4.77 million shs
• Market Capitalization: C$5.26 billion
• P/E Ratio: 4.89
• Dividend Yield: 6.22%
• Price Target: C$11.74
• Consensus Rating: Buy

VRN Stock Analysis - Frequently Asked Questions

How have VRN shares performed this year?

Veren's stock was trading at C$7.39 on January 1st, 2025. Since then, VRN shares have increased by 16.1% and is now trading at C$8.58.
View the best growth stocks for 2025 here.

How were Veren's earnings last quarter?

Veren Inc. (TSE:VRN) announced its quarterly earnings results on Thursday, October, 31st. The company reported $0.29 EPS for the quarter, missing analysts' consensus estimates of $0.33 by $0.04. Veren had a net margin of 27.98% and a trailing twelve-month return on equity of 16.28%.

How do I buy shares of Veren?

Shares of VRN stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

Company Calendar

• Last Earnings: 10/31/2024
• Ex-Dividend for 4/1 Dividend: 3/14/2025
• Record date for 4/1 Dividend: 4/01/2025
• Dividend Payable: 4/01/2025
• Today: 4/28/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Basic Materials
• Industry: Crude Petroleum & Natural Gas
• Sub-Industry: Petroleum And Natural Gas
• Current Symbol: TSE:VRN
• CIK: N/A
• Web: N/A
• Phone: (403) 693-0020
• Fax: N/A
• Employees: 777
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$11.74
• High Stock Price Target: C$14.00
• Low Stock Price Target: C$9.50
• Potential Upside/Downside: +36.8%
• Consensus Rating: Buy
• Rating Score (0-4): 3.14
• Research Coverage: 7 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$1.76
• Trailing P/E Ratio: 4.89
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: C$1.07 billion
• Net Margins: 27.98%
• Pretax Margin: N/A
• Return on Equity: 16.28%
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: 43.10
• Current Ratio: 0.88
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: C$3.83 billion
• Price / Sales: 1.37
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: C$10.90 per share
• Price / Book: 0.79

Miscellaneous

• Outstanding Shares: 612,640,417
• Free Float: N/A
• Market Cap: C$5.26 billion
• Optionable: N/A
• Beta: N/A