VRN
Price:
$6.01
Market Cap:
$5.59B
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.
Industry
Oil & Gas Exploration & Production
IPO Date
2003-10-20
Stock Exchange
NYSE
Ticker
VRN
According to Veren Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 18.21. This represents a change of 398.89% compared to the average of 3.65 of the last 4 quarters.
The mean historical PE Ratio of Veren Inc. over the last ten years is -2.88. The current 18.21 PE Ratio has changed -63320.75% with respect to the historical average. Over the past ten years (40 quarters), VRN's PE Ratio was at its highest in in the December 2021 quarter at 8.04. The PE Ratio was at its lowest in in the March 2024 quarter at -4.19.
Average
-2.88
Median
-0.62
Minimum
-42.12
Maximum
16.70
Discovering the peaks and valleys of Veren Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 316.89%
Maximum Annual PE Ratio = 16.70
Minimum Annual Increase = -360.49%
Minimum Annual PE Ratio = -42.12
| Year | PE Ratio | Change |
|---|---|---|
| 2024 | 16.70 | 89.09% |
| 2023 | 8.83 | 139.29% |
| 2022 | 3.69 | 127.08% |
| 2021 | 1.63 | -360.49% |
| 2020 | -0.62 | -79.60% |
| 2019 | -3.06 | 251.98% |
| 2018 | -0.87 | -97.94% |
| 2017 | -42.12 | 316.89% |
The current PE Ratio of Veren Inc. (VRN) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
9.74
5-year avg
6.04
10-year avg
-2.88
Veren Inc.’s PE Ratio is greater than Enerplus Corporation (9.31), greater than Crescent Point Energy Corp. (11.35), greater than Permian Resources Corporation (12.97), greater than Denbury Inc. (9.50), greater than Earthstone Energy, Inc. (3.05), less than Chord Energy Corporation (32.71), greater than Renewable Energy Group, Inc. (13.61), greater than Euronav N.V. (3.94), less than Crestwood Equity Partners LP (38.59), greater than Civitas Resources, Inc. (4.23),
| Company | PE Ratio | Market cap |
|---|---|---|
| 9.31 | $4.10B | |
| 11.35 | $5.31B | |
| 12.97 | $10.52B | |
| 9.50 | $4.51B | |
| 3.05 | $2.98B | |
| 32.71 | $5.55B | |
| 13.61 | $3.11B | |
| 3.94 | $3.25B | |
| 38.59 | $2.97B | |
| 4.23 | $2.82B |
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