Ratings Veren Inc.

Equities

VRN

CA92340V1076

Market Closed - Toronto S.E. Other stock markets 04:00:00 2024-05-31 pm EDT			5-day change	1st Jan Change
11.86 ^CAD	+1.80%		+3.13%	+29.05%

May. 15	Crescent Point Energy Corp. will Change its Ticker to VRN from CPG	CI
May. 15	Saturn Oil & Gas Inc. completed the acquisition Non-core properties in Saskatchewan from Crescent Point Energy Corp..	CI

Summary

From a short-term investment perspective, the company presents a deteriorated fundamental situation

Strengths

Before interest, taxes, depreciation and amortization, the company's margins are particularly high.
The group's high margin levels account for strong profits.
The company's attractive earnings multiples are brought to light by a P/E ratio at 15.11 for the current year.
The company has a low valuation given the cash flows generated by its activity.
Over the last twelve months, the sales forecast has been frequently revised upwards.
Analysts covering this company mostly recommend stock overweighting or purchase.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
Over the past four months, analysts' average price target has been revised upwards significantly.
The opinion of analysts covering the stock has improved over the past four months.
Historically, the company has been releasing figures that are above expectations.

Weaknesses

As estimated by analysts, this group is among those businesses with the lowest growth prospects.
The company's earnings growth outlook lacks momentum and is a weakness.
Revenue estimates are regularly revised downwards for the current and coming years.
For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.
For the last four months, earnings estimated by analysts have been revised downwards with respect to the next two years.
Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Oil & Gas Exploration and Production

	1st Jan change	Capi.	ESG Refinitiv
VEREN INC.	+29.05%	5.37B	B
CHEVRON CORPORATION	+8.86%	299B	A-
CONOCOPHILLIPS	+0.34%	136B	C
CNOOC LIMITED	+60.77%	131B	B+
CANADIAN NATURAL RESOURCES LIMITED	+20.61%	81.97B	B
EOG RESOURCES, INC.	+2.98%	71.58B	B-
OCCIDENTAL PETROLEUM CORPORATION	+4.67%	55.41B	C+
HESS CORPORATION	+6.90%	47.32B	A-
DIAMONDBACK ENERGY, INC.	+28.49%	35.54B	C+
DEVON ENERGY CORPORATION	+8.32%	31.05B	C+

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes