Veren Historical Income Statement
| VRN Stock | 5.25 0.06 1.16% |
Historical analysis of Veren income statement accounts such as Depreciation And Amortization of 1.3 B, Interest Expense of 76.7 M, Selling General Administrative of 101.4 M or Total Revenue of 2 B can show how well Veren Inc performed in making a profits. Evaluating Veren income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Veren's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Veren Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Veren Inc is a good buy for the upcoming year.
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About Veren Income Statement Analysis
Veren Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Veren shareholders. The income statement also shows Veren investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Veren Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Veren Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Veren Inc. It is also known as Veren overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most accounts from Veren's income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement accounts, 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 Net Income is very stable compared to the past year. As of the 28th of November 2024, Income Tax Expense is likely to grow to about 266.4 M, while Interest Expense is likely to drop about 76.7 M.
Veren income statement Correlations
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Veren Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Veren income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 2.7B | 726.3M | 801.5M | 970.9M | 1.1B | 1.3B | |
| Interest Expense | 170.4M | 94.6M | 88.9M | 64.7M | 126M | 76.7M | |
| Selling General Administrative | 116.8M | 80M | 120.7M | 117.2M | 165.2M | 101.4M | |
| Total Revenue | 2.9B | 1.5B | 2.8B | 3.5B | 3.6B | 2.0B | |
| Gross Profit | 14.7M | 86.6M | 1.3B | 1.8B | 2.2B | 2.3B | |
| Other Operating Expenses | 3.7B | 1.5B | 1.7B | 1.8B | 3.6B | 2.0B | |
| Operating Income | (820.8M) | 2.2M | 1.1B | 1.7B | 1.2B | 1.3B | |
| Ebit | (820.8M) | (3.0B) | 3.3B | 1.6B | 1.2B | 1.2B | |
| Ebitda | 1.9B | (2.3B) | 4.1B | 2.6B | 2.2B | 1.2B | |
| Total Operating Expenses | 876.8M | 84.4M | 108.2M | 112.6M | 2.2B | 2.3B | |
| Income Before Tax | (1.2B) | (3.1B) | 3.2B | 1.6B | 1.1B | 1.1B | |
| Net Income | (1.0B) | (2.5B) | 2.4B | 1.5B | 570.3M | 598.8M | |
| Income Tax Expense | (159M) | (627.6M) | 799.7M | 415.1M | 253.7M | 266.4M | |
| Net Income From Continuing Ops | (1.0B) | (2.5B) | 2.4B | 1.5B | 799.4M | 839.4M | |
| Cost Of Revenue | 2.9B | 1.4B | 1.6B | 1.7B | 1.3B | 1.5B | |
| Total Other Income Expense Net | (371.5M) | 197.8M | (36.7M) | (149.4M) | (165.1M) | (156.8M) | |
| Net Income Applicable To Common Shares | (1.0B) | (2.5B) | 2.4B | 1.5B | 1.3B | 1.4B | |
| Tax Provision | (159M) | (627.6M) | 799.7M | 387.9M | 253.7M | 266.4M | |
| Interest Income | 253.2M | 172.3M | 84.3M | 565M | 649.8M | 682.2M | |
| Net Interest Income | (170.4M) | (94.6M) | (88.9M) | (64.7M) | (126M) | (132.3M) | |
| Reconciled Depreciation | 2.7B | 4.3B | 786.1M | 951.7M | 1.1B | 1.9B |
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
Moving against Veren Stock
| 0.76 | DMLP | Dorchester Minerals | PairCorr |
| 0.52 | EP | Empire Petroleum Corp | PairCorr |
| 0.51 | BSM | Black Stone Minerals | PairCorr |
| 0.5 | AR | Antero Resources Corp Potential Growth | PairCorr |
| 0.45 | PR | Permian Resources | PairCorr |
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.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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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.