Veren Inc. (VRN)
Veren Inc. operates in the Oil & Gas Exploration & Production industry of the Energy sector, headquartered in Calgary, AB, CA. The stock last traded at $6.01, up 0.00% on the session, giving a market capitalisation of $3.68B. On trailing twelve-month figures it carries a trailing P/E of 19.04, a net margin of 6.2%. Its beta of 1.34 implies it has historically moved more than the broad market.
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.
Veren Inc. is most often compared with the following Energy names: