Veren Inc.

Veren Inc.

VRN
Veren Inc.US flagNew York Stock Exchange
6.01
USD
- -
- -
3.68BMarket Cap
Veren Inc.
VRN
(New York Stock Exchange)

Recent

price

6.01

P/E

ratio

- -

div

yld

- -

ROIC.AI

2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
TTM
FRC
5.58
6.32
7.96
8.18
9.13
10.06
5.85
4.94
6.11
7.13
6.16
3.22
5.69
6.97
6.53
7.15
7.14
Revenue per Share
-0.19
0.22
0.73
0.58
0.38
1.22
-1.82
-1.81
-0.23
-4.77
-1.89
-4.76
4.15
2.62
1.05
0.44
0.44
Basic EPS, GAAP
4.08
3.48
0.26
0.11
0.59
0.69
0.74
0.68
-0.25
-0.13
0.8
0.31
1.44
2.06
1.79
3.42
2.74
Free Cash Flow per Basic Share
2.84
1.19
1.14
1.12
1.09
1.99
1.57
0.5
0.36
0.36
0.04
0.02
0.08
0.35
0.39
0.46
0.46
Dividend per Share
-4.82
-6.19
20.78
25.78
21.48
23.41
19.77
17.37
16.03
10.89
8.82
4.32
8.54
10.33
12.55
10.92
10.91
Book Value per Share
24.27
22.5
20.51
25.33
21.35
23.67
20.64
18.09
16.35
11.6
9.37
4.91
9.12
11.1
12.08
10.55
10.54
Tangible Book Value per Share
160
235
275
329
386
419
478
516
545
549
546
529
569
567
546
618
618
Basic Weighted Avg Shares
891
1,483
2,191
2,695
3,526
4,210
2,800
2,548
3,331
3,913
3,360
1,705
3,238
3,948
3,565
4,414
4,414
Sales/Revenue/Turnover
4.11
8.5
18.54
6.3
16.26
6.88
-64.8
-40.89
-1.27
-81.09
17.99
0.27
35.63
43.68
30.7
24.38
24.22
Operating Margin (%)
423
685
940
1,444
1,559
2,223
3,138
2,220
1,741
5,285
2,713
713
786
952
1,065
1,338
1,338
Depreciation Expense
-31
51
201
191
145
509
-870
-933
-124
-2,617
-1,033
-2,520
2,364
1,483
570
273
273
Net Income, GAAP
1,092.15
24.61
22.19
8.63
33.69
37.4
- -
- -
- -
- -
- -
- -
25.28
26.58
24.09
17.4
17.4
Effective Tax Rate (%)
-3.49
3.43
9.18
7.07
4.11
12.09
-31.08
-36.6
-3.72
-66.88
-30.75
-147.79
73.01
37.58
16
6.19
6.19
Profit Margin (%)
-100
-237
-373
-427
-621
-141
11
-439
-354
-102
-144
-390
-621
-250
-324
-511
-511
Working Capital
519
1,006
1,099
1,475
1,734
2,893
4,427
3,774
4,087
4,213
2,854
2,168
1,808
1,002
3,290
2,492
2,492
LT Debt
3,978
5,492
5,857
8,595
8,500
10,161
10,125
9,591
9,163
6,613
5,343
2,823
5,405
6,493
6,868
6,761
6,761
Total Equity
-10.02
1.73
4.7
1.82
3.75
1.55
- -
- -
- -
- -
- -
- -
13.52
16.26
8.92
8.71
8.66
Return on Invested Capital (%)
-198.3
-27.41
7.79
3.05
1.96
5.03
- -
- -
- -
- -
- -
- -
41.65
21.28
7.41
4.26
4.2
Return on Capital (%)
- -
- -
- -
2.68
1.73
5.62
-9.04
-10.13
-1.4
-35.56
-19.15
-71.01
66.19
27.69
8.98
4.02
4.02
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Jun'24
Sep'24
Dec'24
ST Debt
530
524
574
LT Borrowings
2,353
2,290
1,940
LT Finance Leases
90
81
552
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
618
616
612
Market Capitalization
6,179
5,062
4,574

Working Capital

FRC

in mil. unless spec.
Jun'24
Sep'24
Dec'24
Total Current Assets
630
1,086
677
Cash, Cash Equivalents & STI
6
8
17
Accounts Receivable, Net
380
324
386
Inventories
- -
- -
- -
Total Current Liabilities
1,287
1,237
1,188
Payables & Accruals
643
637
564
ST Debt
530
524
574
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.15%
13.73%
-1.55%
Free Cash Flow
-40.44%
97.27%
116.55%
Net Income, GAAP
139.85%
-40.17%
-52.08%
Sales/Revenue/Turnover
6.83%
15.34%
23.81%
Total Cash Common Dividend
52.29%
142.17%
34.31%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
1,125
1,304
954
1,044
3,948
2023
782
808
1,008
967
3,565
2024
1,136
1,164
1,028
1,086
4,414

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
2.05
0.58
0.83
- -
2.62
2023
0.39
0.39
-1.52
- -
1.05
2024
-0.66
0.42
0.45
- -
0.44

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
0.06
0.08
- -
0.35
2023
0.03
0.1
0.13
- -
0.39
2024
0.12
0.12
0.11
- -
0.46
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.

Company News

APIChat
  • 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