VRN 📈 Veren - Overview

Exchange: NYSE • Country: Canada • Currency: USD • Type: Common Stock • ISIN: CA22576C1014

VRN: Crude Oil, Natural Gas, Natural Gas Liquids

Veren Inc., a leading energy company, is engaged in the exploration, development, and production of oil and gas properties across Canada and the United States. The company's primary focus lies in extracting crude oil, tight oil, natural gas liquids, shale gas, and natural gas reserves from its diverse portfolio of assets.

Geographically, Veren Inc.'s properties are strategically located in the provinces of Saskatchewan, Alberta, British Columbia, and Manitoba in Canada, as well as in the state of North Dakota in the United States. This diversified presence enables the company to capitalize on the region's rich oil and gas reserves, ensuring a stable supply of energy resources.

With a rich history dating back to 1994, Veren Inc. has undergone significant transformations, including a name change from Crescent Point Energy Corp. to Veren Inc. in May 2024. Today, the company is headquartered in Calgary, Canada, and continues to drive growth and innovation in the energy sector.

For more information about Veren Inc.'s operations, strategies, and commitment to sustainable energy production, please visit their official website at https://www.vrn.com.

Additional Sources for VRN Stock

VRN Stock Overview

Market Cap in USD 3,342m
Sector Energy
Industry Oil & Gas E&P
GiC Industry Oil, Gas & Consumable Fuels
TER 0.00%
IPO / Inception 2006-07-20

VRN Stock Ratings

Growth 5y 39.4%
Fundamental 47.3%
Dividend 90.4%
Rel. Performance Sector -28.7
Analysts 4.5/5
Fair Price Momentum 4.80 USD
Fair Price DCF 29.74 USD

VRN Dividends

Dividend Yield 12m 7.94%
Yield on Cost 5y 13.12%
Annual Growth 5y 54.80%
Payout Consistency 80.49%

VRN Growth Ratios

Growth Correlation 3m -80.7%
Growth Correlation 12m -31.2%
Growth Correlation 5y 82.5%
CAGR 5y 10.55%
CAGR/Mean DD 5y 0.35
Sharpe Ratio 12m -0.53
Alpha -57.12
Beta 1.16
Volatility 36.95%
Current Volume 4320.1k
Average Volume 20d 5831.6k
What is the price of VRN stocks?
As of December 06, 2024, the stock is trading at USD 5.17 with a total of 4,320,100 shares traded.
Over the past week, the price has changed by -2.45%, over one month by -2.45%, over three months by -20.49% and over the past year by -20.44%.
Is Veren a good stock to buy?
Partly, yes. Based on ValueRay Fundamental Analyses, Veren (NYSE:VRN) is currently (December 2024) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 47.32 and therefor a somewhat positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of VRN as of December 2024 is 4.80. This means that VRN is currently overvalued and has a potential downside of -7.16%.
Is VRN a buy, sell or hold?
Veren has received a consensus analysts rating of 4.50. Therefor, it is recommend to buy VRN.
  • Strong Buy: 8
  • Buy: 5
  • Hold: 1
  • Sell: 0
  • Strong Sell: 0
What are the forecast for VRN stock price target?
According to ValueRays Forecast Model, VRN Veren will be worth about 5.2 in December 2025. The stock is currently trading at 5.17. This means that the stock has a potential upside of +0.77%.
Issuer Forecast Upside
Wallstreet Target Price 12.5 141.8%
Analysts Target Price 10.7 107.5%
ValueRay Target Price 5.2 0.8%