See more : Xinliwang International Holdings Company Ltd. (XLWH) Income Statement Analysis – Financial Results
Complete financial analysis of Veren Inc. (VRN.TO) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Veren Inc., a leading company in the industry within the sector.
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Veren Inc. (VRN.TO)
Website: https://www.vrn.com
About Veren Inc.
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.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3.19B | 3.51B | 2.83B | 1.49B | 2.88B | 3.32B | 2.86B | 2.18B |
| Cost of Revenue | 1.93B | 1.69B | 1.58B | 1.40B | 2.15B | 2.62B | 2.74B | 3.07B |
| Gross Profit | 1.26B | 1.82B | 1.25B | 86.60M | 730.00M | 701.60M | 118.20M | -883.30M |
| Gross Profit Ratio | 39.47% | 51.93% | 44.26% | 5.82% | 25.37% | 21.13% | 4.13% | -40.43% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 165.20M | 117.20M | 120.70M | 80.00M | 75.40M | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | -39.80M | -4.60M | -12.50M | 4.40M | 24.90M | 0.00 | 0.00 | 0.00 |
| SG&A | 125.40M | 112.60M | 108.20M | 84.40M | 100.30M | 162.80M | 156.30M | 156.30M |
| Other Expenses | 0.00 | 9.90M | 2.20M | 5.00M | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 988.80M | 112.60M | 108.20M | 84.40M | 100.30M | 162.80M | 156.30M | 156.30M |
| Cost & Expenses | 2.00B | 1.80B | 1.69B | 1.49B | 2.25B | 2.78B | 2.90B | 3.22B |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 32.50M | 20.70M | 0.00 | 0.00 |
| Interest Expense | 126.00M | 64.70M | 88.90M | 94.60M | 179.30M | 184.40M | 162.30M | 158.20M |
| Depreciation & Amortization | 1.09B | 970.90M | 801.50M | 726.30M | 1.27B | 1.61B | 1.77B | 2.25B |
| EBITDA | 2.27B | 2.60B | 4.06B | -2.32B | 257.40M | -1.76B | 1.91B | 1.09B |
| EBITDA Ratio | 71.21% | 76.36% | 68.76% | 48.96% | 66.04% | 64.70% | 60.64% | 55.22% |
| Operating Income | 1.22B | 1.71B | 1.14B | 2.20M | 629.70M | 538.80M | -38.10M | -1.04B |
| Operating Income Ratio | 38.19% | 48.72% | 40.44% | 0.15% | 21.89% | 16.23% | -1.33% | -47.59% |
| Total Other Income/Expenses | -165.10M | -149.40M | -36.70M | 197.80M | -330.20M | -382.30M | 14.50M | -271.60M |
| Income Before Tax | 1.05B | 1.56B | 3.16B | -3.15B | -1.19B | -3.56B | -23.60M | -1.31B |
| Income Before Tax Ratio | 33.01% | 44.47% | 111.82% | -211.53% | -41.44% | -107.07% | -0.83% | -60.14% |
| Income Tax Expense | 253.70M | 415.10M | 799.70M | -627.60M | -159.00M | -938.50M | 100.40M | -381.10M |
| Net Income | 570.30M | 1.48B | 2.36B | -2.52B | -1.03B | -2.62B | -124.00M | -932.70M |
| Net Income Ratio | 17.88% | 42.23% | 83.55% | -169.35% | -35.91% | -78.81% | -4.34% | -42.69% |
| EPS | 1.05 | 2.62 | 4.15 | -4.76 | -1.89 | -4.77 | -0.23 | -1.81 |
| EPS Diluted | 1.04 | 2.60 | 4.11 | -4.76 | -1.89 | -4.77 | -0.23 | -1.81 |
| Weighted Avg Shares Out | 545.64M | 566.71M | 569.20M | 529.34M | 545.67M | 549.11M | 545.16M | 516.34M |
| Weighted Avg Shares Out (Dil) | 548.33M | 571.07M | 575.10M | 529.34M | 545.67M | 549.11M | 545.16M | 516.34M |
Source: https://incomestatements.info
Category: Stock Reports