Veren (VRN) Expected to Announce Quarterly Earnings on Thursday

Veren (NYSE:VRN) will likely be posting its quarterly earnings results before the market opens on Thursday, February 27th. Analysts expect Veren to post earnings of $0.21 per share and revenue of $994.47 million for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Veren Price Performance

VRN stock opened at $4.96 on Tuesday. Veren has a 52 week low of $4.39 and a 52 week high of $9.28. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.34. The company has a fifty day simple moving average of $5.17 and a two-hundred day simple moving average of $5.78. The firm has a market capitalization of $3.03 billion, a P/E ratio of 3.54 and a beta of 2.10.

Analysts Set New Price Targets

Separately, Royal Bank of Canada reduced their target price on shares of Veren from $12.00 to $10.00 and set an “outperform” rating on the stock in a research note on Friday, November 1st.

Veren Company Profile

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.