Veren (NYSE:VRN – Get Free Report) is one of 282 public companies in the “Crude petroleum & natural gas” industry, but how does it weigh in compared to its peers? We will compare Veren to similar businesses based on the strength of its institutional ownership, valuation, analyst recommendations, earnings, risk, dividends and profitability.
Valuation & Earnings
This table compares Veren and its peers gross revenue, earnings per share (EPS) and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Veren | $4.28 billion | $422.48 million | -80.44 |
Veren Competitors | $719.56 billion | $1.06 billion | 16.44 |
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.
Profitability
Net Margins | Return on Equity | Return on Assets | |
Veren | -0.69% | 13.50% | 7.39% |
Veren Competitors | -2.39% | 7.79% | 6.87% |
Insider and Institutional Ownership
49.4% of Veren shares are owned by institutional investors. Comparatively, 53.3% of shares of all “Crude petroleum & natural gas” companies are owned by institutional investors. 0.3% of Veren shares are owned by insiders. Comparatively, 9.4% of shares of all “Crude petroleum & natural gas” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
Risk & Volatility
Veren has a beta of 2.16, suggesting that its stock price is 116% more volatile than the S&P 500. Comparatively, Veren’s peers have a beta of -12.92, suggesting that their average stock price is 1,392% less volatile than the S&P 500.
Dividends
Veren pays an annual dividend of $0.33 per share and has a dividend yield of 5.1%. 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 115.4% of their earnings in the form of a dividend.
Analyst Ratings
This is a summary of recent recommendations for Veren and its peers, as reported by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Veren | 0 | 0 | 1 | 0 | 3.00 |
Veren Competitors | 2139 | 11533 | 16159 | 604 | 2.50 |
Veren currently has a consensus price target of $15.00, suggesting a potential upside of 133.10%. As a group, “Crude petroleum & natural gas” companies have a potential upside of 25.96%. Given Veren’s stronger consensus rating and higher possible upside, equities research analysts clearly believe Veren is more favorable than its peers.
Summary
Veren beats its peers on 8 of the 15 factors compared.
About Veren
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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