Veren (NYSE:VRN – Get Free Report) is one of 283 public companies in the “Crude petroleum & natural gas” industry, but how does it contrast to its peers? We will compare Veren to related companies based on the strength of its analyst recommendations, profitability, earnings, dividends, institutional ownership, valuation and risk.
Analyst Recommendations
This is a summary of current ratings and target prices for Veren and its peers, as provided by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Veren | 0 | 0 | 1 | 0 | 3.00 |
Veren Competitors | 2130 | 11498 | 16064 | 601 | 2.50 |
Veren currently has a consensus price target of $15.00, suggesting a potential upside of 143.90%. As a group, “Crude petroleum & natural gas” companies have a potential upside of 29.22%. Given Veren’s stronger consensus rating and higher probable upside, analysts clearly believe Veren is more favorable than its peers.
Volatility and Risk
Dividends
Veren pays an annual dividend of $0.33 per share and has a dividend yield of 5.4%. Veren pays out -412.5% of its earnings in the form of a dividend. As a group, “Crude petroleum & natural gas” companies pay a dividend yield of 10.9% and pay out 113.4% of their earnings in the form of a dividend.
Insider and Institutional Ownership
49.4% of Veren shares are held by institutional investors. Comparatively, 52.9% of shares of all “Crude petroleum & natural gas” companies are held by institutional investors. 0.3% of Veren shares are held by insiders. Comparatively, 9.3% of shares of all “Crude petroleum & natural gas” companies are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
Profitability
This table compares Veren and its peers’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Veren | -0.69% | 13.50% | 7.39% |
Veren Competitors | -2.43% | 7.77% | 6.85% |
Earnings & Valuation
This table compares Veren and its peers revenue, earnings per share and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Veren | $4.28 billion | $422.48 million | -76.88 |
Veren Competitors | $720.99 billion | $1.05 billion | 16.22 |
Veren’s peers have higher revenue and earnings than Veren. Veren is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Summary
Veren beats its peers on 8 of the 15 factors compared.
Veren Company Profile
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.
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