Veren (VRN) Stock Price, News & Analysis

Company Overview

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. The company was formerly known as Crescent Point Energy Corp. and changed its name to Veren Inc. in May 2024. Veren Inc. was incorporated in 1994 and is headquartered in Calgary, Canada.

Key Stats

• Today's Range: C$9.57 to C$9.75
• 50-Day Range: C$6.82 to C$9.67
• 52-Week Range: C$6.34 to C$12.67
• Volume: 4.64 million shs
• Average Volume: 5.00 million shs
• Market Capitalization: C$5.92 billion
• P/E Ratio: 5.51
• 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 at the beginning of the year. Since then, VRN stock has increased by 30.9% and is now trading at C$9.67.
View the best growth stocks for 2025 here.

How were Veren's earnings last quarter?

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

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 1/2 Dividend: 12/13/2024
• Dividend Payable: 1/02/2025
• Ex-Dividend for 4/1 Dividend: 3/14/2025
• Today: 3/25/2025
• Dividend Payable: 4/01/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Mining
• 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: +21.4%
• 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: 5.51
• 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: 1.55
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: C$10.90 per share
• Price / Book: 0.89

Miscellaneous

• Outstanding Shares: 612,640,417
• Free Float: N/A
• Market Cap: C$5.92 billion
• Optionable: N/A
• Beta: N/A