Veresen Company Profile (TSE:VSN)

About Veresen

Veresen logoVeresen Inc. (Veresen) is an energy infrastructure company. The Company's segments include Pipelines, Midstream, Power and Corporate. Its pipeline business consists of interests in over two pipeline systems: the Alliance Pipeline, which is over 3,000 kilometers dense phase pipeline delivering natural gas and midstreams from Western Canada to the Midwest United States, and the Alberta Ethane Gathering System, an ethane pipeline system. Its pipeline business also includes Ruby Pipeline system, which is over 680 mile natural gas transmission system extending westward from the Opal hub in Wyoming to the Malin hub in Oregon. Its midstream business includes an interest in Aux Sable, an extraction facility near Chicago, Illinois, which owns Hythe/Steeprock gas gathering and processing complex, and other natural gas and natural gas liquids (NGLs) processing energy infrastructure. Its power business is focused on over four areas: gas-fired, renewable, district energy and waste heat.

Industry, Sector and Symbol:
  • Sector: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: TSE
  • Symbol: VSN
  • CUSIP:
Key Metrics:
  • Previous Close: $12.76
  • 50 Day Moving Average: $11.75
  • 200 Day Moving Average: $9.90
  • 52-Week Range: C$6.65 - C$13.47
  • Trailing P/E Ratio: 100.47
  • P/E Growth: 10.29
  • Market Cap: $3.98B
  • Outstanding Shares: 312,160,000
Additional Links:

Analyst Ratings

Consensus Ratings for Veresen (TSE:VSN) (?)
Ratings Breakdown: 1 Sell Rating, 5 Hold Ratings, 5 Buy Ratings
Consensus Rating:Hold (Score: 2.36)
Consensus Price Target: C$12.05

Analysts' Ratings History for Veresen (TSE:VSN)
Show:
DateFirmActionRatingPrice TargetDetails
8/9/2016Citigroup Inc.Boost Price TargetBuyC$13.00 -> C$15.00View Rating Details
8/6/2016RBC Capital MarketsBoost Price TargetC$12.00 -> C$14.00View Rating Details
8/6/2016DesjardinsDowngradeBuy -> HoldC$13.00View Rating Details
8/6/2016Canaccord GenuityBoost Price TargetSellC$9.00 -> C$11.00View Rating Details
8/4/2016ScotiabankReiterated RatingSector PerformC$11.00View Rating Details
8/4/2016CIBCBoost Price TargetC$13.50 -> C$14.00View Rating Details
8/4/2016BMO Capital MarketsLower Price TargetUnderperform -> Market PerformC$10.00 -> C$7.50View Rating Details
7/18/2016National Bank FinancialLower Price TargetC$10.50 -> C$9.50View Rating Details
4/8/2016AltaCorp CapitalUpgradeSector Perform -> OutperformView Rating Details
3/14/2016Raymond James Financial Inc.Lower Price TargetC$12.00 -> C$10.50View Rating Details
3/11/2016TD SecuritiesLower Price TargetBuyC$17.00 -> C$11.00View Rating Details
3/11/2016Royal Bank Of CanadaLower Price TargetOutperformC$18.00 -> C$16.00View Rating Details
3/30/2015FirstEnergy CapitalDowngradeOutperform -> Market PerformView Rating Details
12/9/2014GMP SecuritiesUpgradeHold -> BuyView Rating Details
(Data available from 8/30/2014 forward)

Earnings

Earnings History for Veresen (TSE:VSN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/1/2016        
8/8/2014$0.02($0.01)ViewN/AView Earnings Details
5/7/2014$0.06$0.16ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Veresen (TSE:VSN)
Current Year EPS Consensus Estimate: $0.18 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.13$0.13$0.13
Q2 20161$0.08$0.08$0.08
Q3 20161$0.04$0.04$0.04
Q4 20161$0.06$0.06$0.06
(Data provided by Zacks Investment Research)

Dividends


Dividend History for Veresen (TSE:VSN)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/20/2015C$0.068/27/20158/31/20159/23/2015
7/22/2015C$0.067/29/20157/31/20158/21/2015
6/19/2015C$0.076/26/20156/30/20157/23/2015
5/20/2015C$0.075/27/20155/29/20156/23/2015
4/21/2015C$0.074/28/20154/30/20155/22/2015
3/20/2015C$0.073/27/20153/31/20154/23/2015
2/18/2015C$0.072/25/20152/27/20153/23/2015
1/21/2015C$0.071/28/20151/30/20152/23/2015
12/8/2014C$0.0712/29/201412/31/20141/23/2015
11/20/2014nov 14C$0.075.26%11/25/201411/28/201412/23/2014
10/22/2014C$0.0710/29/201410/31/201411/21/2014
9/19/2014sep 14C$0.089/26/20149/30/201410/23/2014
8/20/2014aug 14C$0.088/27/20148/29/20149/23/2014
7/22/2014jul 14C$0.087/29/20147/31/20148/22/2014
6/19/2014jun 14C$0.086/26/20146/30/20147/23/2014
5/21/2014C$0.085/28/20145/30/20146/23/2014
4/21/2014apr 14C$0.084/28/20144/30/20145/23/2014
3/20/2014mar 14C$0.083/27/20143/31/20144/23/2014
2/19/2014C$0.082/26/20142/28/20143/21/2014
2/19/2014feb 14C$0.082/26/20142/28/20143/21/2014
1/22/2014C$0.081/29/20141/31/20142/21/2014
1/22/2014jan 14C$0.081/31/20142/21/2014
12/9/2013C$0.0812/27/201312/31/20131/23/2014
12/9/2013dec 13C$0.0812/31/20131/23/2014
11/19/2013C$0.0811/26/201311/29/201312/23/2013
11/19/2013nov 13C$0.0811/29/201312/23/2013
10/22/2013oct 13C$0.0810/31/201311/22/2013
9/19/2013sep 13C$0.089/30/201310/23/2013
8/21/2013aug 13C$0.088/30/20139/23/2013
6/19/2013jun 13C$0.086/28/20137/23/2013
5/22/2013may 13C$0.085/31/20136/21/2013
4/19/2013apr 13C$0.084/30/20135/23/2013
3/19/2013mar 13C$0.083/28/20134/23/2013
2/19/2013feb 13C$0.082/28/20133/22/2013
1/22/2013jan 13C$0.081/31/20132/22/2013
12/10/2012dec 12C$0.0812/31/20121/23/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Veresen (TSE:VSN)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/7/2016Henry William SykesDirectorBuy2,000C$10.50C$21,000.00
11/9/2015Henry William SykesDirectorBuy2,000C$10.61C$21,222.00
10/15/2015Donald AlthoffInsiderBuy10,000C$11.74C$117,368.00
9/4/2015Henry William SykesDirectorBuy2,000C$12.74C$25,480.00
9/4/2015Jesse David MarbleInsiderBuy5,000C$12.72C$63,613.50
8/14/2015Jesse David MarbleInsiderBuy5,000C$14.09C$70,441.00
8/14/2015Maureen HoweDirectorBuy3,200C$13.95C$44,640.00
8/7/2015Henry William SykesDirectorBuy1,400C$12.72C$17,803.94
7/11/2015Elizabeth Grace SpomerInsiderBuy7,000C$15.13C$105,910.00
7/10/2015Elizabeth Grace SpomerInsiderBuy2,800C$15.12C$42,336.00
4/1/2015Theresa JangInsiderBuy1,000C$25.00C$25,000.00
3/26/2015Donald AlthoffInsiderBuy7,000C$16.26C$113,820.00
3/19/2015Q.C. Robert John IverachDirectorBuy3,000C$15.47C$46,410.00
3/17/2015Jesse David MarbleInsiderBuy5,000C$15.23C$76,153.00
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Veresen (TSE:VSN)
DateHeadline
publicnow.com logoVeresen Announces Investor Day and Provides Webcast Details (TSE:VSN)
www.publicnow.com - August 30 at 7:53 PM
News IconTSX listed corporate dividends and distributions declared Aug. 23 - Winnipeg Free Press (TSE:VSN)
www.winnipegfreepress.com - August 23 at 8:18 PM
fool.ca logoRetirees: Supplement Your Income With These +5% Yielders - The Motley Fool Canada (TSE:VSN)
www.fool.ca - August 23 at 8:18 PM
marketwatch.com logoVeresen Announces Common Share Dividend for August 2016 and Quarterly Dividend on its Preferred Shares - MarketWatch (TSE:VSN)
www.marketwatch.com - August 23 at 8:18 PM
fool.ca logoRetirees: Supplement Your Income With These +5% Yielders (TSE:VSN)
www.fool.ca - August 23 at 12:36 PM
forbes.com logoVSN Dividend Yield Pushes Past 8% (TSE:VSN)
www.forbes.com - August 22 at 8:05 PM
publicnow.com logoVeresen Announces Common Share Dividend for August 2016 and Quarterly Dividend on its Preferred Shares (TSE:VSN)
www.publicnow.com - August 22 at 8:05 PM
wsj.com logo[$$] KKR, Veresen Joint Venture Issuing Additional Debt (TSE:VSN)
www.wsj.com - August 11 at 8:50 PM
marketwatch.com logoVeresen Announces Enhanced Funding Strategy Through Pursuing Sale of Power ... (TSE:VSN)
www.marketwatch.com - August 5 at 8:25 PM
investing.com logoCanada shares higher at close of trade; S&P/TSX Composite up 0.12% - Investing.com UK (TSE:VSN)
uk.investing.com - August 4 at 8:40 PM
marketwatch.com logoVeresen Announces Enhanced Funding Strategy Through Pursuing Sale of Power Business and the Suspension of ... - MarketWatch (TSE:VSN)
www.marketwatch.com - August 3 at 8:35 PM
publicnow.com logoVeresen Announces Enhanced Funding Strategy Through Pursuing Sale of Power Business and the Suspension of DRIP, Second Quarter Financial Results and Increased Guidance (TSE:VSN)
www.publicnow.com - August 3 at 8:35 PM
biz.yahoo.com logoQ2 2016 Veresen Inc Earnings Release - After Market Close (TSE:VSN)
biz.yahoo.com - August 3 at 11:33 AM
nasdaq.com logoVeresen Named Top 25 Dividend Stock With 9.33% Yield (VSN) - Nasdaq (TSE:VSN)
www.nasdaq.com - July 29 at 8:28 PM
nasdaq.com logoVeresen Named Top 25 Dividend Stock With 9.33% Yield (VSN) (TSE:VSN)
www.nasdaq.com - July 28 at 11:34 AM
forbes.com logoVSN Ex-Dividend Reminder - 7/27/16 - Forbes (TSE:VSN)
www.forbes.com - July 26 at 11:45 AM
News IconTSX listed corporate dividends and distributions declared July 21 - Winnipeg Free Press (TSE:VSN)
www.winnipegfreepress.com - July 21 at 8:32 PM
marketwatch.com logoVeresen Announces Common Share Dividend for July 2016 - MarketWatch (TSE:VSN)
www.marketwatch.com - July 21 at 11:02 AM
finance.yahoo.com logoVeresen Announces Common Share Dividend for July 2016 (TSE:VSN)
finance.yahoo.com - July 20 at 4:02 PM
News IconAre Analysts Bearish Veresen Inc (TSE:VSN) After Last Week? - Consumer Eagle (TSE:VSN)
www.consumereagle.com - July 20 at 11:03 AM
capitalcube.com logoETF’s with exposure to Veresen, Inc. : July 19, 2016 (TSE:VSN)
www.capitalcube.com - July 19 at 1:21 PM
seekingalpha.com logoMonthly Pay Dividend Dog Prices Still Surging Higher July 15 - Seeking Alpha (TSE:VSN)
seekingalpha.com - July 17 at 7:33 PM
News IconDoes Veresen Inc Have Any Gas After Today's Huge Decline? - Consumer Eagle (TSE:VSN)
www.consumereagle.com - July 13 at 8:30 PM
News IconHow Many Veresen Inc (TSE:VSN)'s Analysts Are Bullish? - Consumer Eagle (TSE:VSN)
www.consumereagle.com - July 12 at 8:25 PM
marketwired.com logoVeresen Confirms Second Quarter Earnings Release Date and Provides Second Quarter Conference Call and ... - Marketwired (press release) (TSE:VSN)
www.marketwired.com - July 9 at 11:04 AM
publicnow.com logoVeresen Confirms Second Quarter Earnings Release Date and Provides Second Quarter Conference Call and Webcast Details (TSE:VSN)
www.publicnow.com - July 7 at 4:21 PM
News IconIt Seems Veresen Inc Will Go Up. Have Big Gap Up Today - Press Telegraph (TSE:VSN)
presstelegraph.com - June 30 at 8:23 PM
seekingalpha.com logoFunds Pay More Monthly Than Equities, Per June 27 Tally - Seeking Alpha (TSE:VSN)
seekingalpha.com - June 29 at 8:04 PM
News IconTSX listed corporate dividends and distributions declared June 23 - Brandon Sun (TSE:VSN)
www.brandonsun.com - June 23 at 8:58 PM
News IconTSX listed corporate dividends and distributions declared June 22 (TSE:VSN)
www.brandonsun.com - June 22 at 8:04 PM
marketwatch.com logoVeresen Announces Common Share Dividend for June 2016 - MarketWatch (TSE:VSN)
www.marketwatch.com - June 21 at 7:39 PM
publicnow.com logoVeresen Announces Common Share Dividend for June 2016 (TSE:VSN)
www.publicnow.com - June 21 at 4:19 PM
fool.ca logo3 Attractive Dividend Stocks to Consider Today - The Motley Fool Canada (TSE:VSN)
www.fool.ca - June 1 at 8:57 PM
News IconHow Analysts Rated Veresen Inc (TSE:VSN) Last Week? - HNN (TSE:VSN)
hintsnewsnetwork.com - May 31 at 11:04 AM
fool.ca logoIncome Investors: Be Wary of These 3 Huge Yields - The Motley Fool Canada (TSE:VSN)
www.fool.ca - May 30 at 10:26 AM
fool.ca logoThis 9.8% Energy Dividend Keeps Coming - The Motley Fool Canada (TSE:VSN)
www.fool.ca - May 26 at 7:07 PM
seekingalpha.com logoMonthly Pay SML Dogs Led By VET For Upside & FSC For Gains In Late May - Seeking Alpha (TSE:VSN)
seekingalpha.com - May 25 at 6:56 PM
News IconMost actively traded companies on the TSX - CanadianBusiness.com (TSE:VSN)
www.canadianbusiness.com - May 25 at 10:21 AM
baystreet.ca logoConsider This High Yield Stock In The Energy Sector - Baystreet.ca (TSE:VSN)
www.baystreet.ca - May 24 at 7:04 PM
marketwired.com logoVeresen Announces Sale of Glen Park Merchant Power Facility for US$61 Million - Marketwired (press release) (TSE:VSN)
www.marketwired.com - May 24 at 10:49 AM
publicnow.com logoVeresen Announces Sale of Glen Park Merchant Power Facility for US$61 Million (TSE:VSN)
www.publicnow.com - May 24 at 8:26 AM
nasdaq.com logoBullish Two Hundred Day Moving Average Cross - Veresen (TSE:VSN)
www.nasdaq.com - May 20 at 6:57 PM
marketwatch.com logoVeresen Announces Common Share Dividend for May 2016 and Quarterly Dividend on its Preferred Shares - MarketWatch (TSE:VSN)
www.marketwatch.com - May 19 at 7:01 PM
publicnow.com logoVeresen Announces Common Share Dividend for May 2016 and Quarterly Dividend on its Preferred Shares (TSE:VSN)
www.publicnow.com - May 19 at 4:52 PM
nasdaq.com logoBullish Two Hundred Day Moving Average Cross - Veresen - Nasdaq (TSE:VSN)
www.nasdaq.com - May 18 at 6:59 PM
seekingalpha.com logoMonthly Pay SML Dogs Gain Members But Little Movement In May - Seeking Alpha (TSE:VSN)
seekingalpha.com - May 18 at 11:14 AM
News IconAre Analysts Bullish Veresen Inc (TSE:VSN) After Last Week? - Wall Street Hints and News (TSE:VSN)
hintsnewsnetwork.com - May 17 at 11:57 PM
investing.com logoCanada stocks lower at close of trade; S&P/TSX Composite down 0.28% - Investing.com (TSE:VSN)
www.investing.com - May 14 at 5:33 AM
marketwired.com logoVeresen Comments on FERC's Issuance of a Tolling Order in Response to Jordan Cove LNG and Pacific Connector ... - Marketwired (press release) (TSE:VSN)
www.marketwired.com - May 10 at 7:19 PM
fool.ca logo2 Energy Infrastructure Stocks With Yields of 5-12% - The Motley Fool Canada (TSE:VSN)
www.fool.ca - May 9 at 7:10 PM

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Veresen (TSE:VSN) Chart for Tuesday, August, 30, 2016


Last Updated on 8/30/2016 by MarketBeat.com Staff