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Veren Inc.

Company price
9.14 CAD 0.34 ( 3.86%)
Last update at 2025-05-13T20:00:00Z
VOLUME
7102799
Market Cap
0.00M

Momentum Score

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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.

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Day Price Range
8.86
Low
9.21
High
52 Week Price Range
6.84
Low
12.36
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High

Key Metrics*

Previous Close
8.80
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
0.00M
Debt / Equity
0.54
ROE
-
Net Debt
3693.70M
ROCE
9.94%
Diluted EPS TTM
-

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Income before tax 1053.10M 1561.80M 3163.80M -3147.50M -1192.30M
Net income 570.30M 1483.40M 2364.10M -2519.90M -1033.30M
Selling general administrative 165.20M 117.20M 120.70M 80.00M 75.40M
Selling and marketing expenses 39.80M 4.60M 12.50M 4.40M 24.90M
Gross profit 1259.10M 1823.80M 1252.30M 86.60M 730.00M
Ebit 1133.70M 1711.20M 1144.10M 2.20M 629.70M
Ebitda 2221.40M 2682.10M 1945.60M 728.50M 1900.10M
Depreciation and amortization 1087.70M 970.90M 801.50M 726.30M 1270.40M
Operating income 1133.70M 1711.20M 1144.10M 2.20M 629.70M
Other operating expenses 2056.20M 1801.10M 1685.30M 1485.80M 2247.40M
Interest expense 126.00M 64.70M 88.90M 94.60M 179.30M
Income tax expense 253.70M 415.10M 799.70M -627.60M -159.00M
Total revenue 3189.90M 3512.30M 2829.40M 1488.00M 2877.10M
Total operating expenses 125.40M 112.60M 108.20M 84.40M 100.30M
Cost of revenue 1930.80M 1688.50M 1577.10M 1401.40M 2147.10M
Total other income expense net -80.60M -149.40M 2019.70M -3149.70M -1822.00M
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 12775.70M 9486.40M 9171.20M 6645.90M 10091.80M
Other current assets 654.80M 371.50M 83.10M 69.40M 278.70M
Total liab 5908.20M 2993.00M 3765.90M 3823.10M 4749.10M
Total stockholder equity 6867.50M 6493.40M 5405.30M 2822.80M 5342.70M
Other current liab 261.30M 127.80M 234.40M 109.60M 63.60M
Common stock 17052.70M 16419.30M 16706.90M 16451.50M 16449.00M
Retained earnings -10202.50M -10563.30M -11848.70M -14166.10M -11636.90M
Good will 275.90M 203.90M 211.50M 223.30M 230.90M
Other assets - 0.00M - - -
Cash 17.30M 289.90M 13.50M 8.80M 56.90M
Total current liabilities 1373.50M 1239.00M 1032.20M 669.20M 775.30M
Current deferred revenue 56.80M 99.40M 43.50M - -
Net debt 3693.70M 1275.70M 2098.10M 2407.30M 3029.40M
Short term debt 420.50M 563.60M 303.60M 248.00M 232.30M
Short long term debt total 3711.00M 1565.60M 2111.60M 2416.10M 3086.30M
Other stockholder equity 17.40M 17.10M 17.50M 19.70M 35.10M
Total current assets 1050.00M 989.20M 410.90M 278.70M 631.50M
Net receivables 377.90M 327.80M 314.30M 200.50M 295.90M
Inventory - - 0.00M 0.00M -
Accounts payable 634.90M 448.20M 450.70M 311.60M 479.40M
Accumulated other comprehensive income -0.10M 620.30M 529.60M 517.70M 495.50M
Non currrent assets other 614.40M 110.60M 48.80M 86.40M 245.50M
Non current assets total 11725.70M 8497.20M 8760.30M 6367.20M 9460.30M
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total cash from financing activities 1768.90M -1056.00M -297.20M -639.50M -1355.70M
Net income 799.40M 1146.70M 2364.10M -2519.90M -1033.30M
Change in cash -272.60M 276.40M 4.70M -48.10M 41.60M
Begin period cash flow 289.90M 13.50M 8.80M 56.90M 15.30M
End period cash flow 17.30M 289.90M 13.50M 8.80M 56.90M
Total cash from operating activities 2195.70M 2192.20M 1495.80M 860.50M 1742.90M
Depreciation 1087.70M 970.90M 801.50M 726.30M 1270.40M
Dividends paid 211.90M 200.60M 47.80M 9.40M 22.00M
Change to account receivables 66.70M -11.30M -111.80M 86.70M -31.80M
Sale purchase of stock -349.90M -294.20M -18.20M -12.90M -123.40M
Other cashflows from financing activities 94.60M 79.50M 42.20M 45.30M 21.20M
Capital expenditures 1220.50M 1027.40M 676.10M 698.80M 1306.20M
Change in working capital -54.90M -15.00M 51.60M 6.20M -47.50M
Stock based compensation 5.70M 6.00M 6.10M -0.90M 24.90M
Other non cash items 2037.00M 1658.30M -905.30M 4720.60M 4301.80M
Free cash flow 975.20M 1164.80M 819.70M 161.70M 436.70M

Peer Comparison*

Sector: Energy Industry: Oil & Gas E&P

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
VRN
Veren Inc.
0.34
3.86%
9.14 - - - -
CNQ
Canadian Natural Resources Ltd
1.54
2.23%
70.74 11.45 12.38 3.26 2.78
OXY
Occidental Petroleum CDR (CAD Hedged)
0.31
1.30%
24.11 42.29 13.11 2.65 2.04
TOU
Tourmaline Oil Corp.
0.46
0.73%
63.46 87.74 15.80 5.03 1.50
OVV
Ovintiv Inc
1.25
1.43%
88.92 11.06 7.80 2.46 1.34

Profile*

Veren Inc.

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.

585 ?8th Avenue SW, Calgary, AB, Canada, T2P 1G1

403 693 0020

777

Name Title Year Born
Mr. Craig Bryksa President, CEO & Non-Independent Director 1977
Mr. Kenneth R. Lamont B.Com., BComm., C.A. Chief Financial Officer 1959
Mr. Ryan Chad Raymond Gritzfeldt BASc., P.Eng. Chief Operating Officer NA
Mr. Mark G. Eade Senior VP, General Counsel & Corporate Secretary NA
Mr. Garret Holt Senior Vice President of Strategy & Planning NA
Mr. Sarfraz Somani Manager of Investor Relations NA
Ms. Shelly Witwer Senior Vice President of Business Development NA
Mr. Michael R. Politeski Senior Vice President of Finance & Treasurer NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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