Veren Gross Profit vs Operating Income Analysis

VRN Stock

5.25 0.06 1.16%

Veren financial indicator trend analysis is much more than just breaking down Veren Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Veren Inc is a good investment. Please check the relationship between Veren Gross Profit and its Operating Income accounts. 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.

Gross Profit vs Operating Income

Gross Profit vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Veren Inc Gross Profit account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Veren's Gross Profit and Operating Income is 0.95. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Operating Income in the same time period over historical financial statements of Veren Inc, assuming nothing else is changed. The correlation between historical values of Veren's Gross Profit and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Veren Inc are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Gross Profit i.e., Veren's Gross Profit and Operating Income go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Veren Inc minus its cost of goods sold. It is profit before Veren operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from Veren Inc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Veren Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from Veren's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Veren Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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.

At this time, Veren's Tax Provision is very stable compared to the past year. As of the 28th of November 2024, Enterprise Value Over EBITDA is likely to grow to 5.98, while Selling General Administrative is likely to drop about 101.4 M.

Veren fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Long Term Investments
Total Assets		-0.15	0.45	0.97	0.47	0.48	0.99	0.79	-0.07	0.9	-0.03	1.0	0.14	0.77	-0.03	0.84	0.83	0.51	0.57	0.4	0.9	0.11	0.3	-0.14	0.93	0.53
Other Current Liab	-0.15		0.43	-0.2	0.13	0.29	-0.17	0.01	-0.5	-0.06	0.09	-0.16	0.52	-0.03	0.08	0.16	0.15	0.37	0.31	-0.26	-0.11	-0.32	0.22	-0.06	-0.05	-0.09
Total Current Liabilities	0.45	0.43		0.46	0.19	0.63	0.44	0.29	-0.46	0.51	0.33	0.43	0.6	0.2	0.32	0.71	0.59	0.71	0.57	0.01	0.28	-0.68	0.68	-0.16	0.4	0.03
Total Stockholder Equity	0.97	-0.2	0.46		0.36	0.41	0.98	0.6	0.1	0.94	0.03	0.97	0.04	0.59	0.04	0.82	0.79	0.39	0.45	0.34	0.76	0.1	0.24	-0.07	0.8	0.51
Other Liab	0.47	0.13	0.19	0.36		0.7	0.44	0.61	-0.47	0.27	0.08	0.48	0.08	0.61	0.07	0.43	0.49	0.52	0.64	-0.27	0.57	0.11	-0.16	-0.21	0.57	0.67
Net Tangible Assets	0.48	0.29	0.63	0.41	0.7		0.47	0.47	-0.41	0.4	0.22	0.47	0.39	0.41	0.2	0.57	0.43	0.67	0.55	-0.28	0.46	-0.3	0.29	-0.41	0.51	0.64
Property Plant And Equipment Net	0.99	-0.17	0.44	0.98	0.44	0.47		0.73	0.03	0.91	-0.07	0.99	0.13	0.73	-0.06	0.83	0.8	0.44	0.49	0.37	0.86	0.13	0.26	-0.11	0.89	0.56
Net Debt	0.79	0.01	0.29	0.6	0.61	0.47	0.73		-0.43	0.52	-0.13	0.78	0.37	0.98	-0.15	0.62	0.68	0.65	0.69	0.41	0.96	0.1	0.34	-0.29	0.95	0.41
Retained Earnings	-0.07	-0.5	-0.46	0.1	-0.47	-0.41	0.03	-0.43		0.09	-0.3	-0.05	-0.38	-0.37	-0.28	-0.25	-0.37	-0.79	-0.8	0.05	-0.25	0.34	-0.32	0.37	-0.3	0.1
Accounts Payable	0.9	-0.06	0.51	0.94	0.27	0.4	0.91	0.52	0.09		-0.09	0.9	0.05	0.48	-0.08	0.88	0.85	0.34	0.43	0.19	0.68	0.11	0.22	0.04	0.73	0.47
Cash	-0.03	0.09	0.33	0.03	0.08	0.22	-0.07	-0.13	-0.3	-0.09		-0.06	-0.14	-0.16	1.0	0.12	0.0	0.24	0.34	-0.04	-0.18	-0.58	0.27	-0.15	-0.11	-0.06
Non Current Assets Total	1.0	-0.16	0.43	0.97	0.48	0.47	0.99	0.78	-0.05	0.9	-0.06		0.12	0.77	-0.06	0.82	0.83	0.49	0.55	0.39	0.9	0.15	0.26	-0.13	0.92	0.55
Other Assets	0.14	0.52	0.6	0.04	0.08	0.39	0.13	0.37	-0.38	0.05	-0.14	0.12		0.34	-0.14	0.26	0.18	0.55	0.2	0.12	0.25	-0.6	0.67	-0.21	0.28	-0.19
Long Term Debt	0.77	-0.03	0.2	0.59	0.61	0.41	0.73	0.98	-0.37	0.48	-0.16	0.77	0.34		-0.17	0.55	0.64	0.58	0.63	0.45	0.95	0.16	0.24	-0.25	0.93	0.44
Cash And Short Term Investments	-0.03	0.08	0.32	0.04	0.07	0.2	-0.06	-0.15	-0.28	-0.08	1.0	-0.06	-0.14	-0.17		0.12	0.01	0.24	0.33	-0.04	-0.19	-0.59	0.27	-0.15	-0.12	-0.07
Net Receivables	0.84	0.16	0.71	0.82	0.43	0.57	0.83	0.62	-0.25	0.88	0.12	0.82	0.26	0.55	0.12		0.9	0.55	0.7	0.07	0.67	-0.18	0.39	-0.02	0.77	0.37
Good Will	0.83	0.15	0.59	0.79	0.49	0.43	0.8	0.68	-0.37	0.85	0.0	0.83	0.18	0.64	0.01	0.9		0.61	0.77	0.15	0.73	0.0	0.23	-0.04	0.8	0.34
Common Stock Total Equity	0.51	0.37	0.71	0.39	0.52	0.67	0.44	0.65	-0.79	0.34	0.24	0.49	0.55	0.58	0.24	0.55	0.61		0.81	0.14	0.57	-0.39	0.55	-0.64	0.62	0.17
Common Stock Shares Outstanding	0.57	0.31	0.57	0.45	0.64	0.55	0.49	0.69	-0.8	0.43	0.34	0.55	0.2	0.63	0.33	0.7	0.77	0.81		0.09	0.61	-0.17	0.28	-0.29	0.68	0.23
Short Term Investments	0.4	-0.26	0.01	0.34	-0.27	-0.28	0.37	0.41	0.05	0.19	-0.04	0.39	0.12	0.45	-0.04	0.07	0.15	0.14	0.09		0.45	0.08	0.33	-0.09	0.42	-0.17
Non Current Liabilities Total	0.9	-0.11	0.28	0.76	0.57	0.46	0.86	0.96	-0.25	0.68	-0.18	0.9	0.25	0.95	-0.19	0.67	0.73	0.57	0.61	0.45		0.21	0.3	-0.22	0.99	0.51
Inventory	0.11	-0.32	-0.68	0.1	0.11	-0.3	0.13	0.1	0.34	0.11	-0.58	0.15	-0.6	0.16	-0.59	-0.18	0.0	-0.39	-0.17	0.08	0.21		-0.68	0.14	0.12	0.37
Other Current Assets	0.3	0.22	0.68	0.24	-0.16	0.29	0.26	0.34	-0.32	0.22	0.27	0.26	0.67	0.24	0.27	0.39	0.23	0.55	0.28	0.33	0.3	-0.68		-0.26	0.35	-0.29
Other Stockholder Equity	-0.14	-0.06	-0.16	-0.07	-0.21	-0.41	-0.11	-0.29	0.37	0.04	-0.15	-0.13	-0.21	-0.25	-0.15	-0.02	-0.04	-0.64	-0.29	-0.09	-0.22	0.14	-0.26		-0.23	-0.18
Total Liab	0.93	-0.05	0.4	0.8	0.57	0.51	0.89	0.95	-0.3	0.73	-0.11	0.92	0.28	0.93	-0.12	0.77	0.8	0.62	0.68	0.42	0.99	0.12	0.35	-0.23		0.5
Long Term Investments	0.53	-0.09	0.03	0.51	0.67	0.64	0.56	0.41	0.1	0.47	-0.06	0.55	-0.19	0.44	-0.07	0.37	0.34	0.17	0.23	-0.17	0.51	0.37	-0.29	-0.18	0.5

Click cells to compare fundamentals

Veren Account Relationship Matchups

Veren fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	10.1B	6.6B	9.2B	9.5B	12.8B	8.7B
Other Current Liab	543M	110.9M	277.9M	127.8M	318.1M	334.0M
Total Current Liabilities	775.3M	669.2M	1.0B	1.2B	1.4B	1.4B
Total Stockholder Equity	5.3B	2.8B	5.4B	6.5B	6.9B	5.3B
Other Liab	1.1B	985.8M	925.7M	752M	864.8M	612.1M
Net Tangible Assets	5.1B	2.6B	5.2B	6.3B	7.2B	7.6B
Property Plant And Equipment Net	8.2B	4.5B	7.8B	7.8B	11.4B	7.7B
Net Debt	3.0B	2.4B	2.1B	1.3B	3.7B	1.9B
Retained Earnings	(11.6B)	(14.2B)	(11.8B)	(10.6B)	(10.2B)	(9.7B)
Accounts Payable	479.4M	310.3M	450.7M	448.2M	634.9M	410.8M
Cash	56.9M	8.8M	13.5M	289.9M	17.3M	25.1M
Non Current Assets Total	9.5B	6.4B	8.8B	8.5B	11.7B	8.3B
Other Assets	988.3M	1.0B	1.0	721.3M	2.9B	3.0B
Long Term Debt	2.7B	2.0B	1.7B	902.8M	3.2B	1.7B
Cash And Short Term Investments	56.9M	8.8M	13.5M	289.9M	17.3M	28.0M
Net Receivables	295.9M	200.5M	314.3M	327.8M	457.1M	239.5M
Good Will	230.9M	223.3M	211.5M	203.9M	275.9M	179.4M
Common Stock Total Equity	16.5B	16.5B	16.4B	16.5B	18.9B	19.9B
Common Stock Shares Outstanding	545.7M	529.3M	575.1M	571.1M	548.3M	338.7M
Liabilities And Stockholders Equity	10.1B	6.6B	9.2B	9.5B	12.8B	8.7B
Non Current Liabilities Total	4.0B	3.2B	2.7B	1.8B	4.5B	2.8B
Other Current Assets	278.7M	69.4M	83.1M	437M	575.6M	604.4M
Other Stockholder Equity	35.1M	19.7M	17.5M	17.1M	17.4M	16.5M
Total Liab	4.7B	3.8B	3.8B	3.0B	5.9B	3.5B
Long Term Investments	27.4M	22.4M	2.5M	200K	230K	218.5K
Property Plant And Equipment Gross	8.2B	4.6B	25.3B	24.1B	26.5B	27.8B
Short Long Term Debt	201M	221.6M	278.1M	538.7M	380M	399M
Total Current Assets	631.5M	278.7M	410.9M	989.2M	1.1B	1.1B
Accumulated Other Comprehensive Income	495.5M	517.7M	529.6M	620.3M	(100K)	(95K)
Short Term Debt	232.3M	248M	303.6M	563.6M	420.5M	241.5M
Common Stock	16.4B	16.5B	16.7B	16.4B	17.1B	10.0B
Property Plant Equipment	8.2B	4.6B	7.8B	7.9B	9.1B	7.2B
Short Long Term Debt Total	3.1B	2.4B	2.1B	1.6B	3.7B	2.0B
Non Currrent Assets Other	251.1M	86.4M	48.8M	110.6M	21.5M	20.4M
Long Term Debt Total	4.2B	2.9B	2.2B	1.8B	1.6B	2.6B
Capital Surpluse	41.4M	35.1M	19.7M	17.5M	15.8M	15.0M

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

0.69

SandRidge Energy

Pair Corr

Moving against Veren Stock

0.76	DMLP	Dorchester Minerals	Pair Corr
0.52	EP	Empire Petroleum Corp	Pair Corr
0.51	BSM	Black Stone Minerals	Pair Corr
0.5	AR	Antero Resources Corp Potential Growth	Pair Corr
0.45	PR	Permian Resources	Pair Corr

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 Correlation Correlation 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:

How To Invest In Veren

Details

Is Veren Stock a good investment?

Details

What is Veren's Net Worth?

Details

Largest Oil & Gas Exploration & Production Companies

View

Largest Oil & Gas E&P Companies

View

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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Veren Gross Profit vs Operating Income Analysis

Gross Profit vs Operating Income

Gross Profit vs Operating Income Correlation Analysis

Correlation Coefficient

Gross Profit

Operating Income

Veren fundamental ratios Correlations

Veren Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Veren fundamental ratios Accounts

Pair Trading with Veren

Moving together with Veren Stock

Moving against Veren Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Total Liab	+ 0.99	Non Current Liabilities Total
Property Plant And Equipment Net	+ 0.98	Total Stockholder Equity

Common Stock Shares Outstanding	- 0.8	Retained Earnings
Common Stock Total Equity	- 0.79	Retained Earnings
Other Current Assets	- 0.68	Inventory
Inventory	- 0.68	Total Current Liabilities
Other Stockholder Equity	- 0.64	Common Stock Total Equity
Inventory	- 0.6	Other Assets