Veren
About: Veren Inc is an oil producer company. It is engaged in acquiring, developing, and holding interests in petroleum assets operations across western Canada.
Employees: 746
0
Funds holding %
of 7,407 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
17% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 36
3% more funds holding
Funds holding: 193 [Q3] → 198 (+5) [Q4]
4% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 68
4.22% less ownership
Funds ownership: 45.71% [Q3] → 41.49% (-4.22%) [Q4]
25% less capital invested
Capital invested by funds: $1.76B [Q3] → $1.31B (-$444M) [Q4]
27% less call options, than puts
Call options by funds: $8.52M | Put options by funds: $11.7M
56% less funds holding in top 10
Funds holding in top 10: 9 [Q3] → 4 (-5) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for VRN.
Financial journalist opinion
Based on 3 articles about VRN published over the past 30 days
Positive
Zacks Investment Research
1 week ago
3 Dividend Stocks to Watch in '25 Despite Energy Market Volatility
Three handsome dividend stocks, which investors may keep an eye on for 2025, are SLB, IMO and VRN.
Positive
Zacks Investment Research
2 weeks ago
Wall Street Analysts See a 27.59% Upside in Veren (VRN): Can the Stock Really Move This High?
The average of price targets set by Wall Street analysts indicates a potential upside of 27.6% in Veren (VRN). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Positive
Zacks Investment Research
4 weeks ago
Will Veren (VRN) Gain on Rising Earnings Estimates?
Veren (VRN) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Positive
WSJ
1 month ago
Whitecap Resources, Veren to Merge in a $10.4 Billion All-Share Deal
Whitecap Resources and Veren have agreed to combine their companies in $10.44 billion deal that will enlarge their Alberta oil and gas footprint.
Positive
Reuters
1 month ago
Whitecap Resources and Veren to combine to form $15 billion firm
Canada's oil and gas firm Whitecap Resources said on Monday it will merge with peer Veren in an all-share deal including debt to form a $15 billion company.
Neutral
PRNewsWire
1 month ago
WHITECAP RESOURCES AND VEREN TO COMBINE IN A $15 BILLION TRANSACTION TO CREATE A LEADING CANADIAN LIGHT OIL AND CONDENSATE PRODUCER
CALGARY, AB , March 10, 2025 /PRNewswire/ -- Whitecap Resources Inc. ("Whitecap") (TSX: WCP) and Veren Inc. ("Veren") (TSX: VRN) (NYSE: VRN) are pleased to announce a strategic combination to create a leading light oil and condensate producer with concentrated assets in the Alberta Montney and Duvernay. The combined company will be the largest Alberta Montney and Duvernay landholder, a prominent light oil producer in Saskatchewan and will leverage the combined asset base and technical expertise to drive improved profitability and superior returns to shareholders.
Positive
Seeking Alpha
1 month ago
Veren: End Of An Era
Veren has transformed from a struggling company to a cash flow juggernaut. The debt is now investment grade, which is a huge improvement over the situation when management arrived roughly a decade ago. Shareholder returns will include share repurchases, a base dividend, and occasional special dividends, with expected total returns in the teens.
Neutral
Seeking Alpha
1 month ago
Veren Inc. (VRN) Q4 2024 Earnings Call Transcript
Veren Inc. (NYSE:VRN ) Q4 2024 Results Conference Call February 27, 2025 12:00 PM ET Company Participants Craig Bryksa - President & Chief Executive Officer Ken Lamont - Chief Financial Officer Justin Foraie - Senior Vice President, Operations and Marketing Conference Call Participants Amir Arif - ATB Capital Jeremy McCrea - BMO Capital Markets Michael Spyker - HTM Research Dennis Fong - CIBC World Markets Luke Davis - Raymond James Operator Good morning, ladies and gentlemen. My name is John, and I'll be your operator for Veren's 2024 Q4 and Full Year Results Conference Call.
Positive
Zacks Investment Research
1 month ago
Veren (VRN) Q4 Earnings and Revenues Beat Estimates
Veren (VRN) came out with quarterly earnings of $0.29 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.27 per share a year ago.
Neutral
PRNewsWire
1 month ago
Veren Announces Filing of Annual Information Form and Form 40-F
CALGARY, AB , Feb. 27, 2025 /PRNewswire/ - Veren Inc. ("Veren", or the "Company") (TSX and NYSE: VRN) confirms the filing of its Annual Information Form ("AIF") for the year ended December 31, 2024, with the Canadian securities regulatory authorities on the System for Electronic Analysis and Retrieval ("SEDAR+"). In addition, Veren has filed its Form 40-F for the year ended December 31, 2024, which includes the AIF, with the United States Securities and Exchange Commission on the Electronic Data Gathering, Analysis and Retrieval ("EDGAR") system.
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