Veren (VRN) Scheduled to Post Quarterly Earnings on Thursday

Veren (NYSE:VRN) will be issuing its quarterly earnings data before the market opens on Thursday, October 31st. Analysts expect the company to announce earnings of $0.25 per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Veren Price Performance

VRN stock opened at $5.97 on Wednesday. The stock has a market cap of $3.69 billion, a P/E ratio of -74.56 and a beta of 2.14. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 0.36. Veren has a 1 year low of $5.91 and a 1 year high of $9.28. The business has a fifty day moving average price of $6.50.

Wall Street Analyst Weigh In

VRN has been the subject of a number of recent research reports. Scotiabank cut their price target on Veren from $16.00 to $15.00 and set a “sector outperform” rating for the company in a research note on Friday, July 12th. Raymond James assumed coverage on shares of Veren in a report on Friday, October 18th. They set a “strong-buy” rating and a $13.00 target price for the company.

About Veren

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.