VRN
Price:
$6.01
Market Cap:
$5.59B
Veren Inc. is an energy company primarily focused on the exploration, development, and production of hydrocarbon assets. Its operations encompass a range of resources, including crude oil, tight oil, natural gas liquids (NGLs), and both conventional and shale natural gas reserves. The company's properties are strategically located in key North American regions, specifically the Canadian provinces of Saskatchewan, Alberta, British Columbia, and Manitoba, as well as the U.S. state of North Dakota. Incorporated in 1994, the company, formerly known as Crescent Point Energy Corp., rebranded as Veren Inc. in May 2024. Its corporate headquarters are situated 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 (8.87), greater than Crescent Point Energy Corp. (11.21), less than Permian Resources Corporation (23.35), greater than Denbury Inc. (9.50), greater than Earthstone Energy, Inc. (3.05), greater than Chord Energy Corporation (-107.63), greater than Renewable Energy Group, Inc. (13.61), less than Euronav N.V. (20.09), less than Crestwood Equity Partners LP (38.59), greater than Civitas Resources, Inc. (3.81),
| Company | PE Ratio | Market cap |
|---|---|---|
| 8.87 | $4.10B | |
| 11.21 | $5.31B | |
| 23.35 | $13.36B | |
| 9.50 | $4.51B | |
| 3.05 | $2.98B | |
| -107.63 | $7.13B | |
| 13.61 | $3.11B | |
| 20.09 | $3.25B | |
| 38.59 | $2.97B | |
| 3.81 | $2.34B |
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