Shelly Witwer - Veren Senior Development

VRN Stock   5.30  0.05  0.95%   

Executive

Shelly Witwer is Senior Development of Veren Inc
Address 585 ?8th Avenue SW, Calgary, AB, Canada, T2P 1G1
Phone403 693 0020
Webhttps://www.vrn.com

Veren Management Efficiency

The company has Return on Asset of 0.0458 % which means that on every $100 spent on assets, it made $0.0458 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0711 %, implying that it generated $0.0711 on every 100 dollars invested. Veren's management efficiency ratios could be used to measure how well Veren manages its routine affairs as well as how well it operates its assets and liabilities. As of the 29th of November 2024, Return On Tangible Assets is likely to grow to 0.05. Also, Return On Capital Employed is likely to grow to 0.11. At this time, Veren's Return On Assets are very stable compared to the past year.

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Veren Inc (VRN) is traded on New York Stock Exchange in USA. It is located in 585 ?8th Avenue SW, Calgary, AB, Canada, T2P 1G1 and employs 777 people. Veren Inc was previously known as Crescent Point Energy and was traded on New York Stock Exchange under the symbol CPG. Veren is listed under Oil & Gas Exploration & Production category by Fama And French industry classification.

Management Performance

Veren Inc Leadership Team

Elected by the shareholders, the Veren's board of directors comprises two types of representatives: Veren inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Veren. The board's role is to monitor Veren's management team and ensure that shareholders' interests are well served. Veren's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Veren's outside directors are responsible for providing unbiased perspectives on the board's policies.
Sarfraz Somani, Manager Relations
Michael Politeski, Senior Treasurer
BCom BComm, Chief Officer
Shant Madian, Vice Markets
PEng BASc, Chief Officer
Mark Eade, General VP
Craig Bryksa, CEO President
Garret Holt, Senior Planning
Shelly Witwer, Senior Development

Veren Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Veren a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Veren

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Veren position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Veren will appreciate offsetting losses from the drop in the long position's value.

Moving together with Veren Stock

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Moving against Veren Stock

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The ability to find closely correlated positions to Veren could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Veren when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Veren - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Veren Inc to buy it.
The correlation of Veren is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Veren moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Veren Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Veren can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Veren Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Veren's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Veren Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Veren Inc Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veren Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Veren. If investors know Veren will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Veren listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.075
Dividend Share
0.545
Earnings Share
0.54
Revenue Per Share
6.388
Quarterly Revenue Growth
0.012
The market value of Veren Inc is measured differently than its book value, which is the value of Veren that is recorded on the company's balance sheet. Investors also form their own opinion of Veren's value that differs from its market value or its book value, called intrinsic value, which is Veren's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Veren's market value can be influenced by many factors that don't directly affect Veren's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Veren's value and its price as these two are different measures arrived at by different means. Investors typically determine if Veren is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Veren's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.