How to Buy Veren Stock
Veren Inc
Veren is a oil and gas company located in Alberta, Canada, which is part of the Energy sector, and is traded under the ticker VRN on the NYSE exchange.
Veren stock last closed at $6.13, up 2.85% from the previous day, and has decreased 27.97% in one year. It has underperformed other stocks in the Oil & Gas E&P industry by 0.35 percentage points. Veren stock is currently +39.48% from its 52-week low of $4.40, and -33.94% from its 52-week high of $9.28.
There are currently 611.82M VRN shares outstanding. The market value of VRN is $3.75B. In the last 24 hours, 29.64M VRN shares were traded.
How to Buy Veren Stock
Wondering how to invest in Veren stock? Here's how.
- Choose where to buy Veren stock: You need to choose an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you determine where to buy Veren stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your investment account: Pick your method of payment and add your info.
- Analyze Veren stock: The Veren ticker symbol is VRN. Is Veren stock a good investment? Should you buy shares of VRN? How do VRN's underlying business fundamentals look? Do top analysts think Veren is a good buy? Why has VRN's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if VRN is a good stock to buy).
- Make your VRN buy order: Decide if you will purchase VRN shares at the current market price or use a limit order to buy VRN shares at a given price.
- Keep tabs on your investment in VRN: Create a watchlist to keep track of your investment in Veren shares.
Step 1: Choose where to buy Veren stock
You need an online brokerage account in order to access the NYSE market and buy VRN shares.
Our preferred brokerage: eToro
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Get $10 towards your stock purchase by signing up for an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Open your brokerage account
Now that you've picked the right brokerage, it's time to fill out some personal info so you are able to invest in VRN stock today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to open a new trading account.
- Submit your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've filled out your info on the best stock app for beginners, you need to deposit funds:
Check out the walkthrough below to see the process of transferring funds into your brokerage account.
Step 4: Analyze Veren stock
Once you have selected the best place to buy Veren stock, it's very important to evaluate their stock prior to buying, so you truly comprehend the risk as well as the opportunity.
Veren Numbers
VRN Overview
WallStreetZen was designed to help everyday investors perform more in-depth fundamental analysis.
You can see all of the due diligence checks on VRN's stock page.
Is VRN stock properly valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge VRN's intrinsic value.
Using relative valuations metrics:
- VRN may be overvalued based on its P/E ratio of 19.77x, relative to Oil & Gas E&P industry P/E ratio of 19.32x
- VRN could be undervalued based on its P/B ratio of 0.79x, relative to Oil & Gas E&P industry P/B ratio of 1.47x
- VRN may be undervalued based on its PEG ratio of 0.71x
You can access more valuation analysis on VRN's stock here.
VRN Financial Health
Positive Financial Indicators:
- Total VRN debt is lower than 5 years ago, relative to shareholder equity.
- VRN's operating cash flow of $1.49B allows it to safely service it's debt of $2.12B.
Negative Financial Indicators:
- VRN has a relatively high debt to equity ratio of 0.74.
- There are more long-term liabilities than short-term assets on the VRN balance sheet.
- VRN earnings of $371.41M is not sufficient to cover its interest payments.
- There are more short-term liabilities than short-term assets on the VRN balance sheet.
- VRN profit margin has gone down from 16.9% to 6.9% in the past year.
Is VRN stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 1 Wall Street analysts who give forecasts on VRN, the consensus analyst rating on VRN is a Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the Veren stock forecast page.
VRN Trading Indicators
VRN Earnings
Last year, VRN earnings were $192.46M. Over the last 3 year, VRN's earnings have increased by -96.75% per year. This was slower than the Oil & Gas E&P industry average of 20.13%.
Last year, VRN revenue was $2.78B. In the last five year, VRN's revenue has increased by 6.18% per year. This was slower than the Oil & Gas E&P industry average of 13.17%.
Learn more about VRN's earnings and revenue performance here.
Who is buying/selling VRN?
Over the last year, insiders at VRN have not bought or sold any shares.
Research more about who owns VRN shares here.
Can I get consistent income from VRN stock?
Veren pays a dividend of 6.93%, compared to the Oil & Gas E&P industry's average dividend yield of 4.47%. If you owned $1,000 worth of VRN stock, you would have received $69.33 in the past year.
Veren dividend payments have not consistently grown over the past decade and have not remained stable.
Dig into more info about Veren dividend yield and history here.
What others are saying about VRN
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Make your VRN buy order
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally the best for newer investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a specific dollar amount, place a limit order.
Click the Open Trade button and your broker will place the order.
If you want more assistance buying stocks on eToro, click the helpful video below:
Step 6: Keep tabs on your investment in VRN
Now that you own some VRN stock, you'll want to stay up-to-date on your new investment.
Create a watchlist to track your VRN stock.
VRN Feed
How to Buy Stock in Veren
To summarize, here are the 6 steps you need to take to buy Veren stock right now:
- Choose where to buy Veren stock
- Open your brokerage account
- Fund your investment account
- Analyze Veren stock
- Make your VRN buy order
- Keep tabs on your investment in VRN
If you are looking for a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to track your investment in Veren, create your watchlist below.
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