VRN

Veren

VRN

Market cap $3.68B

Overview Fund Activity

Delisted

VRN was delisted on the 12th of May, 2025.

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About: Veren Inc is an oil producer company. It is engaged in acquiring, developing, and holding interests in petroleum assets operations across western Canada.

Employees: 746

Energy Oil & Gas Exploration & Production

Financial journalist opinion

WHITECAP RESOURCES INC. AND VEREN INC.

CALGARY, AB , May 8, 2025 /PRNewswire/ - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) and Veren Inc. ("Veren") (TSX: VRN) (NYSE: VRN) are pleased to announce that the Court of King's Bench of Alberta has granted the final order in connection with the previously announced plan of arrangement under Section 193 of the Business Corporations Act (Alberta) (the "Business Combination"), pursuant to which Whitecap will acquire all of the issued and outstanding common shares of Veren. Under the terms of the Business Combination, Veren shareholders will receive 1.05 common shares of Whitecap for each Veren common share held.

WHITECAP RESOURCES INC. AND VEREN INC.

WHITECAP RESOURCES INC. AND VEREN INC.

CALGARY, AB , May 6, 2025 /PRNewswire/ - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) and Veren Inc. ("Veren") (TSX: VRN) (NYSE: VRN) are pleased to announce that the shareholders of each company have voted in favour of the previously announced business combination between Whitecap and Veren (the "Business Combination"). On May 6, 2025, Whitecap and Veren held special shareholder meetings virtually, via live webcasts, with each company's shareholders voting on resolutions in connection with the proposed Business Combination.

WHITECAP RESOURCES INC. AND VEREN INC.

Zacks Investment Research

Wall Street Analysts Think Veren (VRN) Could Surge 34.97%: Read This Before Placing a Bet

The average of price targets set by Wall Street analysts indicates a potential upside of 35% in Veren (VRN). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Think Veren (VRN) Could Surge 34.97%: Read This Before Placing a Bet

Zacks Investment Research

Veren (VRN) Earnings Expected to Grow: What to Know Ahead of Q1 Release

Veren (VRN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Veren (VRN) Earnings Expected to Grow: What to Know Ahead of Q1 Release

Veren-Whitecap: This Simulation Through COVID Made Me Buy A Lot

I sold all oil stocks to buy a large position in Whitecap Resources, driven by the strong Whitecap-Veren merger and its resilience. Whitecap's Q1 results were solid, with production beating guidance and strong funds flow, despite Capex frontloading. The merger's synergies and cost reductions lower the breakeven price to $47/bbl, making the 9% dividend yield sustainable even under stress.

Veren-Whitecap: This Simulation Through COVID Made Me Buy A Lot

Zacks Investment Research

3 Dividend Stocks to Watch in '25 Despite Energy Market Volatility

Three handsome dividend stocks, which investors may keep an eye on for 2025, are SLB, IMO and VRN.

3 Dividend Stocks to Watch in '25 Despite Energy Market Volatility

Zacks Investment Research

Wall Street Analysts See a 27.59% Upside in Veren (VRN): Can the Stock Really Move This High?

The average of price targets set by Wall Street analysts indicates a potential upside of 27.6% in Veren (VRN). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts See a 27.59% Upside in Veren (VRN): Can the Stock Really Move This High?

Zacks Investment Research

Will Veren (VRN) Gain on Rising Earnings Estimates?

Veren (VRN) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Will Veren (VRN) Gain on Rising Earnings Estimates?

Whitecap Resources, Veren to Merge in a $10.4 Billion All-Share Deal

Whitecap Resources and Veren have agreed to combine their companies in $10.44 billion deal that will enlarge their Alberta oil and gas footprint.

Whitecap Resources, Veren to Merge in a $10.4 Billion All-Share Deal

Whitecap Resources and Veren to combine to form $15 billion firm

Canada's oil and gas firm Whitecap Resources said on Monday it will merge with peer Veren in an all-share deal including debt to form a $15 billion company.

Whitecap Resources and Veren to combine to form $15 billion firm

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