Back to top
more

Veren Inc. (VRN)

(Delayed Data from NYSE)

$6.40 USD

6.40
7,489,762

-0.19 (-2.88%)

Updated Sep 6, 2024 04:00 PM ET

After-Market: $6.41 +0.01 (0.16%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

A Value C Growth A Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 41% (103 out of 249)

Industry: Oil and Gas - Integrated - Canadian

Better trading starts here.

Balance Sheet

Research for VRN

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

See more Zacks Equity Research reports

 

Fiscal Year End for Veren Inc falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 191 330 71 41 101
Receivables 280 252 251 150 223
Notes Receivable 0 0 0 0 0
Inventories 0 0 0 0 0
Other Current Assets 307 179 6 17 152
Total Current Assets 778 761 328 208 476
Net Property & Equipment 8,390 6,026 6,173 3,328 6,094
Investments & Advances 11 74 116 146 189
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 214 455 1,021 562
Intangibles 204 157 169 167 174
Deposits & Other Assets 5 5 5 14 17
Total Assets 9,464 7,297 7,318 4,961 7,605
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 470 345 360 233 361
Current Portion Long-Term Debt 282 414 222 165 151
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 0 0 0 0 0
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 266 194 242 102 72
Total Current Liabilities 1,017 953 824 500 584
Mortgages 0 0 0 0 0
Deferred Taxes/Income 476 59 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 2,360 694 1,350 1,521 2,038
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 445 519 739 736 844
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 4,377 2,302 3,005 2,854 3,579
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 12,633 12,630 13,330 12,281 12,396
Capital Surplus 13 13 14 15 26
Retained Earnings -7,558 -8,125 -9,454 -10,575 -8,770
Other Equity 0 477 423 386 373
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 5,087 4,995 4,313 2,107 4,026
Total Liabilities & Shareholder's Equity 9,464 7,297 7,318 4,961 7,605
Total Common Equity 5,087 4,995 4,313 2,107 4,026
Shares Outstanding 620.10 551.30 579.40 530.00 529.40
Book Value Per Share 8.20 9.06 7.44 3.98 7.61

Fiscal Year End for Veren Inc falls in the month of December.

All items in Millions except Per Share data.

6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Assets          
Cash & Equivalents 70 101 191 123 92
Receivables 277 303 280 352 279
Notes Receivable 0 0 0 0 0
Inventories 0 0 0 0 0
Other Current Assets 113 617 307 731 167
Total Current Assets 461 1,021 778 1,206 538
Net Property & Equipment 7,558 7,617 8,390 6,298 7,441
Investments & Advances 8 16 11 19 12
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 187
Intangibles 178 181 204 152 151
Deposits & Other Assets 15 17 5 5 5
Total Assets 8,284 8,922 9,464 7,730 8,388
Liabilities & Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Notes Payable 0 0 0 0 0
Accounts Payable 418 440 470 374 328
Current Portion Long-Term Debt 360 288 282 290 283
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 0 0 0 0 0
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 163 260 266 272 144
Total Current Liabilities 940 988 1,017 935 755
Mortgages 0 0 0 0 0
Deferred Taxes/Income 438 390 476 179 145
Convertible Debt 0 0 0 0 0
Long-Term Debt 1,719 2,374 2,360 1,907 1,935
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 352 445 387 516
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 3,516 4,195 4,377 3,474 3,420
Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Preferred Stock 0 0 0 0 0
Common Stock (Par) 12,428 12,634 12,633 12,043 12,111
Capital Surplus 9 14 13 12 11
Retained Earnings -7,669 -7,921 -7,558 -8,262 -7,590
Other Equity 0 0 0 463 436
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 4,768 4,726 5,087 4,256 4,968
Total Liabilities & Shareholder's Equity 8,284 8,922 9,464 7,730 8,388
Total Common Equity 4,768 4,726 5,087 4,256 4,968
Shares Outstanding 617.70 619.40 620.10 527.20 538.50
Book Value Per Share 7.72 7.63 8.20 8.07 9.23