Veren (VRN) | Financial Analysis & Statements

Veren Inc. | Mid-cap | Energy

$6.01

0.00%

Veren vs ConocoPhillips Veren vs Canadian Natural Veren vs Range Resources Veren vs Ovintiv Veren vs Comstock Resources Veren vs S&P 500 | Market

Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 4.4B

Gross Profit 2.5B 56.44%

Operating Income 1.1B 24.38%

Net Income 273.3M 6.19%

EPS (Diluted) $0.44

Balance Sheet Metrics

Total Assets 11.8B

Total Liabilities 5.0B

Shareholders Equity 6.8B

Debt to Equity 0.74

Cash Flow Metrics

Operating Cash Flow 1.6B

Free Cash Flow 524.0M

Revenue & Profitability Trend

Veren Income Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Revenue	4.4B	3.6B	3.9B	3.2B	1.7B
Cost of Goods Sold	1.9B	1.3B	1.3B	1.2B	942.0M
Gross Profit	2.5B	2.2B	2.6B	2.0B	763.1M
Operating Expenses	1.4B	1.1B	877.9M	856.9M	758.5M
Operating Income	1.1B	1.1B	1.7B	1.2B	4.6M
Pre-tax Income	343.7M	1.1B	1.6B	3.2B	-3.1B
Income Tax	59.8M	253.7M	415.1M	799.7M	-627.6M
Net Income	273.3M	570.3M	1.5B	2.4B	-2.5B
EPS (Diluted)	$0.44	$1.04	$2.60	$4.11	-$4.76

Income Statement Trend

Veren Balance Sheet From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Assets
Current Assets	676.8M	1.0B	989.2M	410.9M	278.7M
Non-Current Assets	11.1B	11.7B	8.5B	8.8B	6.4B
Total Assets	11.8B	12.8B	9.5B	9.2B	6.6B
Liabilities
Current Liabilities	1.2B	1.4B	1.2B	1.0B	669.2M
Non-Current Liabilities	3.8B	4.5B	1.8B	2.7B	3.2B
Total Liabilities	5.0B	5.9B	3.0B	3.8B	3.8B
Equity
Total Shareholders Equity	6.8B	6.9B	6.5B	5.4B	2.8B

Balance Sheet Composition

Veren Cash Flow Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Operating Activities
Net Income	273.3M	570.3M	1.5B	2.4B	-2.5B
Operating Cash Flow	1.6B	2.2B	2.8B	3.8B	-2.6B
Investing Activities
Capital Expenditures	-	-1.2B	-1.0B	-676.1M	-698.8M
Investing Cash Flow	1.1B	-4.2B	-860.6M	-1.2B	-269.0M
Financing Activities
Dividends Paid	-284.6M	-211.9M	-200.6M	-47.8M	-9.4M
Financing Cash Flow	-1.6B	1.8B	-1.1B	-297.2M	-639.5M
Free Cash Flow	524.0M	975.2M	1.2B	819.7M	161.7M

Cash Flow Trend

Veren Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 18.21

Forward P/E 7.91

Price to Book 0.54

Price to Sales 0.93

PEG Ratio 7.91

Profitability Ratios

Profit Margin 6.88%

Operating Margin 15.15%

Return on Equity 4.17%

Return on Assets 3.07%

Financial Health

Current Ratio 0.57

Debt to Equity 45.34

Beta 1.34

Per Share Data

EPS (TTM) $0.33

Book Value per Share $11.05

Revenue per Share $6.43

Peer Financial Comparison

Company	Market Cap	P/E Ratio	P/B Ratio	ROE	Profit Margin	Debt/Equity
vrn	3.7B	18.21	0.54	4.17%	6.88%	45.34
ConocoPhillips	119.5B	12.00	1.83	16.66%	16.15%	36.46
Canadian Natural	70.3B	12.84	1.73	18.95%	19.76%	46.57
Range Resources	10.0B	37.77	2.55	6.99%	10.39%	45.68
Ovintiv	10.1B	16.49	1.01	6.17%	7.03%	67.03
Comstock Resources	8.7B	46.41	4.10	-13.44%	-22.61%	138.23

Financial data is updated regularly. All figures are in the company's reporting currency.