VRN
Income statement / Annual
Last year (2023), Veren Inc.'s total revenue was $3.57 B,
an increase of 37.60% from the previous year.
In 2023, Veren Inc.'s net income was $570.30 M.
See Veren Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
| Operating Revenue |
$3.57 B
|
$2.59 B
|
$2.24 B
|
$1.17 B
|
$2.22 B
|
$2.43 B
|
$2.28 B
|
$1.63 B
|
| Cost of Revenue |
$1.34 B |
$1.25 B |
$1.25 B |
$1.10 B |
$1.66 B |
$1.92 B |
$2.19 B |
$2.29 B |
| Gross Profit |
$2.23 B |
$1.35 B |
$990.07 M |
$67.97 M |
$562.95 M |
$513.69 M |
$94.34 M |
-$658.66 M |
| Gross Profit Ratio |
0.62 |
0.52 |
0.44 |
0.06 |
0.25 |
0.21 |
0.04 |
-0.4 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$165.20 M
|
$117.20 M
|
$120.70 M
|
$80.00 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling & Marketing
Expenses |
$0.00
|
-$34.13 M
|
-$35.16 M
|
-$13.75 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$165.20 M
|
$83.07 M
|
$85.54 M
|
$66.25 M
|
$77.35 M
|
$119.20 M
|
$124.75 M
|
$116.55 M
|
| Other Expenses |
$2.06 B |
$9.90 M |
$2.20 M |
$5.00 M |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Operating Expenses |
$2.23 B |
$83.07 M |
$85.54 M |
$66.25 M |
$77.35 M |
$119.20 M |
$124.75 M |
$116.55 M |
| Cost And Expenses |
$3.57 B |
$1.33 B |
$1.33 B |
$1.17 B |
$1.73 B |
$2.04 B |
$2.31 B |
$2.40 B |
| Interest Income |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Interest Expense |
$126.00 M |
$64.70 M |
$88.90 M |
$94.60 M |
$138.27 M |
$135.01 M |
$129.53 M |
$117.97 M |
| Depreciation &
Amortization |
$1.07 B
|
$716.23 M
|
$633.67 M
|
$570.09 M
|
$979.68 M
|
$1.18 B
|
$1.41 B
|
$1.67 B
|
| EBITDA |
$2.24 B
|
$2.58 B
|
$1.54 B
|
$571.82 M
|
$1.67 B
|
$1.89 B
|
$1.38 B
|
$1.06 B
|
| EBITDA Ratio |
0.63 |
0.76 |
0.69 |
0.49 |
0.66 |
0.65 |
0.61 |
0.55 |
| Operating Income Ratio
|
0.31
|
0.49
|
0.4
|
0
|
0.22
|
0.16
|
-0.01
|
-0.48
|
| Total Other
Income/Expenses Net |
-$41.40 M
|
-$162.50 M
|
$1.35 B
|
-$3.15 B
|
-$330.20 M
|
-$382.30 M
|
$18.80 M
|
-$271.60 M
|
| Income Before Tax |
$1.05 B |
$1.15 B |
$2.50 B |
-$2.47 B |
-$919.45 M |
-$2.60 B |
-$18.84 M |
-$979.68 M |
| Income Before Tax Ratio
|
0.3
|
0.44
|
1.12
|
-2.12
|
-0.41
|
-1.07
|
-0.01
|
-0.6
|
| Income Tax Expense |
$253.70 M |
$306.22 M |
$632.24 M |
-$492.62 M |
-$122.61 M |
-$687.14 M |
$80.13 M |
-$284.18 M |
| Net Income |
$570.30 M |
$1.09 B |
$1.87 B |
-$1.98 B |
-$796.84 M |
-$1.92 B |
-$98.97 M |
-$695.50 M |
| Net Income Ratio |
0.16 |
0.42 |
0.84 |
-1.69 |
-0.36 |
-0.79 |
-0.04 |
-0.43 |
| EPS |
1.05 |
1.93 |
3.28 |
-3.74 |
-1.46 |
-3.49 |
-0.18 |
-1.35 |
| EPS Diluted |
1.04 |
1.92 |
3.25 |
-3.74 |
-1.46 |
-3.49 |
-0.18 |
-1.35 |
| Weighted Average Shares
Out |
$545.64 M
|
$566.71 M
|
$569.20 M
|
$529.34 M
|
$545.67 M
|
$549.11 M
|
$545.16 M
|
$516.34 M
|
| Weighted Average Shares
Out Diluted |
$548.33 M
|
$571.07 M
|
$575.10 M
|
$529.34 M
|
$545.67 M
|
$549.11 M
|
$545.16 M
|
$516.34 M
|
| Link |
|
|
|
|
|
|
|
|
