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Veren (VRN) Pre-Tax Income : $255 Mil (TTM As of Mar. 2024)


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What is Veren Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Veren's pretax income for the three months ended in Mar. 2024 was $-381 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $255 Mil. Veren's pretax margin was -45.34%.

During the past 13 years, Veren's highest Pretax Margin was 97.70%. The lowest was -184.59%. And the median was -18.10%.


Veren Pre-Tax Income Historical Data

The historical data trend for Veren's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Veren Pre-Tax Income Chart

Veren Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -905.38 -2,457.26 2,471.72 1,149.65 784.96

Veren Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 180.74 211.58 132.73 291.52 -380.54

Competitive Comparison of Veren's Pre-Tax Income

For the Oil & Gas E&P subindustry, Veren's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Veren's Pre-Tax Income Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Veren's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Veren's Pre-Tax Income falls into.



Veren Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Veren's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=815.817+63.059+-93.918+0+0
=785

Veren's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=197.991+-533.245+-45.287+0+0
=-381

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $255 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Veren  (NYSE:VRN) Pre-Tax Income Explanation

Veren's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=-380.541/839.391
=-45.34%

During the past 13 years, Veren's highest Pretax Margin was 97.70%. The lowest was -184.59%. And the median was -18.10%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Veren Pre-Tax Income Related Terms

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Veren (VRN) Business Description

Traded in Other Exchanges
Address
585 - 8th Avenue S.W., Suite 2000, Calgary, AB, CAN, T2P 1G1
Crescent Point Energy Corp is an independent exploration and production company. It is engaged in acquiring, developing, and holding interests in petroleum and natural gas properties and assets related thereto through a general partnership and wholly-owned subsidiaries. The company generates maximum revenue from Oil and gas sales.