Veren Inc.
New York Stock ExchangeCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.- CEO
- Kenneth R. Lamont BComm.,
- Full Time Employees
- 746
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- Address
- 585 –8th Avenue SW Calgary AB Canada T2P 1G1
- IPO Date
- Oct 20, 2003
- CIK
- 0001545851
- Website
- vrn.com
- Similar Companies
- Business
- Veren Inc. explores, develops, and produces oil and gas properties primarily in Canada and the United States. The company’s core products and services include crude oil, tight oil, natural gas liquids, shale gas, and natural gas production. Its operations concentrate in key resource plays such as the Montney and Duvernay formations in Alberta, as well as properties in Saskatchewan, British Columbia, Manitoba, and North Dakota. Veren also owns infrastructure assets related to oil and gas production, including oil battery sites and gas processing facilities. The company provides integrated upstream energy solutions focused on efficient resource extraction and processing. Founded in 1994 and headquartered in Calgary, Canada, Veren underwent a notable rebranding in May 2024, changing its name from Crescent Point Energy Corp. to Veren Inc. Recent major developments include a strategic long-term partnership with Pembina Gas Infrastructure (PGI) in the Alberta Montney region announced in September 2024, involving a transaction worth $400 million, which strengthens Veren’s infrastructure capabilities and supports significant debt reduction efforts. Additionally, Veren completed a transformative $15 billion business combination with Whitecap Resources Inc. in May 2025, creating one of Canada’s largest light oil and condensate producers with enhanced production capacity and a substantial land position in key resource basins. Following this merger, Veren’s shares were delisted from the Toronto Stock Exchange and the New York Stock Exchange, marking a significant operational transition. Veren’s strategy focuses on maximizing production efficiencies and value creation through organic development of its extensive land base and infrastructure partnerships, targeting oil and gas markets in North America. The company maintains a strong financial profile with substantial excess cash flow generation and disciplined capital allocation towards shareholder returns and debt reduction. Its portfolio includes numerous development locations in Montney, Duvernay, and conventional reservoirs, positioning it for long-term sustainable production growth. Veren operates as a leading upstream energy player in the oil and gas exploration and production industry, serving primarily energy markets in Canada and the United States.
Whitecap Resources: Strong Production In Q3, Softer Energy Prices
Whitecap Resources: Undervalued Post-Veren Merger
WHITECAP RESOURCES INC. AND VEREN INC.
WHITECAP RESOURCES INC. AND VEREN INC.
Wall Street Analysts Think Veren (VRN) Could Surge 34.97%: Read This Before Placing a Bet
Veren (VRN) Earnings Expected to Grow: What to Know Ahead of Q1 Release
Veren-Whitecap: This Simulation Through COVID Made Me Buy A Lot
Whitecap Resources: Impressive Production And Funds Flow In Q1 2025
3 Dividend Stocks to Watch in '25 Despite Energy Market Volatility
Wall Street Analysts See a 27.59% Upside in Veren (VRN): Can the Stock Really Move This High?
Will Veren (VRN) Gain on Rising Earnings Estimates?
Whitecap Resources and Veren to combine to form $15 billion firm
WHITECAP RESOURCES AND VEREN TO COMBINE IN A $15 BILLION TRANSACTION TO CREATE A LEADING CANADIAN LIGHT OIL AND CONDENSATE PRODUCER
Veren: End Of An Era
Veren Inc. (VRN) Q4 2024 Earnings Call Transcript
Veren (VRN) Q4 Earnings and Revenues Beat Estimates
Veren Announces Filing of Annual Information Form and Form 40-F
Veren Announces Q4 & Full Year 2024 Results
Veren Confirms Quarterly Dividend
Important Factors to Watch Ahead of Veren's Q4 Earnings Release