Atb Cap Markets Issues Positive Outlook for Veren Earnings

Veren Inc. (NYSE:VRN) – Equities researchers at Atb Cap Markets raised their Q1 2025 earnings per share (EPS) estimates for Veren in a report released on Friday, November 1st. Atb Cap Markets analyst A. Arif now forecasts that the company will post earnings of $0.22 per share for the quarter, up from their prior forecast of $0.20. The consensus estimate for Veren’s current full-year earnings is $0.97 per share. Atb Cap Markets also issued estimates for Veren’s Q2 2025 earnings at $0.24 EPS.

A number of other equities research analysts also recently weighed in on the stock. Royal Bank of Canada dropped their price target on shares of Veren from $12.00 to $10.00 and set an “outperform” rating for the company in a research report on Friday. Scotiabank dropped their price target on shares of Veren from $16.00 to $15.00 and set a “sector outperform” rating for the company in a research report on Friday, July 12th. Finally, Raymond James began coverage on shares of Veren in a research report on Friday, October 18th. They issued a “strong-buy” rating and a $13.00 price target for the company.

Veren Stock Up 3.2 %

Shares of NYSE:VRN opened at $5.13 on Monday. Veren has a 12-month low of $4.90 and a 12-month high of $9.28. The company has a market capitalization of $3.16 billion, a PE ratio of 3.66 and a beta of 2.17. The stock’s 50 day moving average price is $6.34. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 0.36.

Veren Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 2nd. Shareholders of record on Sunday, December 15th will be given a dividend of $0.085 per share. This is an increase from Veren’s previous quarterly dividend of $0.08. This represents a $0.34 annualized dividend and a yield of 6.63%. The ex-dividend date is Friday, December 13th. Veren’s payout ratio is currently 24.29%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of VRN. Dixon Mitchell Investment Counsel Inc. acquired a new stake in Veren during the 2nd quarter worth about $36,000. EverSource Wealth Advisors LLC acquired a new stake in Veren during the 2nd quarter worth about $42,000. Pacifica Partners Inc. acquired a new stake in Veren during the 2nd quarter worth about $61,000. DORCHESTER WEALTH MANAGEMENT Co acquired a new stake in Veren during the 3rd quarter worth about $79,000. Finally, Fifth Third Bancorp acquired a new stake in Veren during the 2nd quarter worth about $85,000. 49.37% of the stock is currently owned by institutional investors.

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.