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 $5.51, up 1.47% from the previous day, and has decreased 14.44% in one year. It has underperformed other stocks in the Oil & Gas E&P industry by 0.63 percentage points. Veren stock is currently +25.37% from its 52-week low of $4.40, and -40.62% from its 52-week high of $9.28.
There are currently 616.33M VRN shares outstanding. The market value of VRN is $3.40B. In the last 24 hours, 12.23M 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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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 undervalued based on its P/E ratio of 3.88x, relative to Oil & Gas E&P industry P/E ratio of 18.49x
- VRN could be undervalued based on its P/B ratio of 0.7x, relative to Oil & Gas E&P industry P/B ratio of 1.85x
You can do additional valuation research on VRN's stock here.
VRN Financial Summary
Positive Financial Indicators:
- VRN's operating cash flow of $1.60B allows it to safely service it's debt of $2.07B.
- VRN earnings of $1.02B is not sufficient to cover its interest payments.
- VRN profit margin has gone up from -28.4% to 26.4% in the past year.
- Total VRN debt is lower than 5 years ago, relative to shareholder equity.
Negative Financial Indicators:
- There are more short-term liabilities than short-term assets on the VRN balance sheet.
- VRN has a relatively high debt to equity ratio of 0.71.
- There are more long-term liabilities than short-term assets on the VRN balance sheet.
Is VRN stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 2 Equities analysts who monitor VRN, the consensus analyst rating on Veren is a Strong Buy
Please keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are saying on the Veren stock forecast page.
VRN Trading Indicators
VRN Performance Metrics
Last year, VRN earnings were $780.94M. Over the last three year, VRN's earnings have gone up by -80.07% per year. This was slower than the Oil & Gas E&P industry average of 17.68%.
Last year, VRN revenue was $2.96B. During the past five year, VRN's revenue has increased by 4.11% per year. This was slower than the Oil & Gas E&P industry average of 10.53%.
You can analyze VRN's earnings and revenue performance here.
What are VRN executives and large shareholders up to?
Over the last year, executives and large shareholders at VRN have not bought or sold any shares.
Get more info about who owns VRN stock here.
Can I get consistent income from VRN stock?
Veren pays a dividend of 8.35%, compared to the Oil & Gas E&P industry's average dividend yield of 3.34%. If you owned $1,000 of VRN stock, you would have been paid $83.48 in the past year.
Veren dividend payments have not consistently grown over the past decade and have not remained stable.
Find more analysis about Veren dividend yield and history here.
Get analysis from other investors
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Make your VRN buy order
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally fine for most investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at an exact dollar amount, use a limit order.
Press the Open Trade button and your broker will execute the order.
If you want additional assistance buying stocks on eToro, click the how to video below:
Step 6: Keep tabs on your investment in VRN
Now that you own some VRN stock, you'll want to keep up with your new stock purchase.
Start a watchlist to keep tabs on your VRN stock.
VRN Feed
How to Buy Stock in Veren
To reiterate, here are the 6 steps to buy Veren stock:
- 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 need a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to watch your new investment in Veren, create a watchlist today.
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