Veren (VRN) to Release Earnings on Thursday

Veren (NYSE:VRN - Get Free Report) is projected to issue its Q4 2024 quarterly earnings data before the market opens on Thursday, February 27th. Analysts expect the company to announce earnings of $0.21 per share and revenue of $994.47 million for the quarter. Parties that are interested in registering for the company's conference call can do so using this link.

Veren (NYSE:VRN - Get Free Report) last posted its quarterly earnings data on Thursday, February 27th. The company reported $0.29 earnings per share for the quarter, topping analysts' consensus estimates of $0.21 by $0.08. Veren had a return on equity of 12.23% and a net margin of 26.93%. 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

Veren stock traded up $0.43 during mid-day trading on Thursday, reaching $5.25. 28,797,530 shares of the company were exchanged, compared to its average volume of 17,088,395. Veren has a twelve month low of $4.39 and a twelve month high of $9.28. The firm's 50-day simple moving average is $5.19 and its two-hundred day simple moving average is $5.74. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.88 and a current ratio of 0.88. The firm has a market cap of $3.21 billion, a PE ratio of 3.75 and a beta of 2.10.

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Analysts Set New Price Targets

Separately, Royal Bank of Canada decreased their price objective on Veren from $12.00 to $10.00 and set an "outperform" rating for the company in a research report on Friday, November 1st.

Veren Company Profile

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.