Veresen Company Profile (TSE:VSN)

About Veresen (TSE:VSN)

Veresen logoVeresen Inc is a Canada-based energy infrastructure company that owns and operates energy infrastructure assets across North America. The Company is engaged in three principal businesses: a pipeline transportation business consists of interests in the Alliance Pipeline, the Ruby Pipeline and the Alberta Ethane Gathering System (AEGS); a midstream business, which includes a partnership interest in Veresen Midstream Limited Partnership, which owns assets in western Canada, and an ownership interest in Aux Sable, which owns a natural gas liquids (NGL) extraction facility near Chicago, and other natural gas and NGL processing energy infrastructure, and a power business consists of a portfolio of assets in Canada. The Company's segments include Pipelines, Midstream, Power and Corporate. Alliance Pipeline owns and manages an integrated, high-pressure natural gas and NGL pipeline. Ruby Pipeline is a natural gas transmission system. AEGS is an integrated pipeline system.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Oil & Gas Pipelines
  • Sub-Industry: N/A
  • Symbol: TSE:VSN
  • CUSIP: N/A
  • Web: www.vereseninc.com
Capitalization:
  • Market Cap: C$5.81 billion
  • Outstanding Shares: 313,652,000
Average Prices:
  • 50 Day Moving Avg: C$17.92
  • 200 Day Moving Avg: C$17.53
  • 52 Week Range: C$11.40 - C$19.07
P/E:
  • Trailing P/E Ratio: 36.01
  • P/E Growth: 6.01
Sales & Book Value:
  • Annual Revenue: C$57 million
  • Price / Sales: 101.85
  • Book Value: C$7.18 per share
  • Price / Book: 2.58
Dividend:
  • Dividend Yield: 5.7%
Profitability:
  • EBITDA: ($106,000,000.00)
  • Net Margins: 168.75%
  • Return on Equity: 3.57%
  • Return on Assets: 2.41%
Misc:
  • Average Volume: 865,558 shs.
  • Short Ratio: 3.33
 

Frequently Asked Questions for Veresen (TSE:VSN)

What is Veresen's stock symbol?

Veresen trades on the Toronto Stock Exchange (TSX) under the ticker symbol "VSN."

How often does Veresen pay dividends? What is the dividend yield for Veresen?

Veresen announced a monthly dividend on Friday, September 15th. Investors of record on Monday, September 25th will be given a dividend of 0.083 per share on Monday, October 23rd. This represents a $1.00 dividend on an annualized basis and a yield of 5.38%. The ex-dividend date of this dividend is Friday, September 22nd. View Veresen's Dividend History.

When will Veresen make its next earnings announcement?

Veresen is scheduled to release their next quarterly earnings announcement on Tuesday, November, 7th 2017. View Earnings Estimates for Veresen.

Where is Veresen's stock going? Where will Veresen's stock price be in 2017?

5 equities research analysts have issued 12-month price objectives for Veresen's stock. Their predictions range from C$14.00 to C$20.50. On average, they anticipate Veresen's stock price to reach C$17.59 in the next year. View Analyst Ratings for Veresen.

Who are some of Veresen's key competitors?

Who are Veresen's key executives?

Veresen's management team includes the folowing people:

  • Stephen W. C. Mulherin, Independent Chairman of the Board
  • Don L. Althoff, President, Chief Executive Officer, Director
  • Theresa Jang, Chief Financial Officer, Senior Vice President - Finance
  • Elizabeth G. Spomer, Executive Vice President, President & CEO - Jordan Cove LNG
  • Kevan S. King, Senior Vice President, General Counsel
  • Darren Marine, Senior Vice President - Business Joint Ventures
  • Pam Romotowski, Vice President - Human Resources and Administration
  • Douglas James Arnell, Independent Director
  • J. Paul Charron, Independent Director
  • Maureen E. Howe Ph.D., Independent Director

How do I buy Veresen stock?

Shares of Veresen and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.

What is Veresen's stock price today?

One share of Veresen stock can currently be purchased for approximately C$18.51.


MarketBeat Community Rating for Veresen (TSE VSN)
Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  221 (Vote Outperform)
Underperform Votes:  294 (Vote Underperform)
Total Votes:  515
MarketBeat's community ratings are surveys of what our community members think about Veresen and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Veresen (TSE:VSN) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 4 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.20)
Consensus Price Target: C$17.59
Consensus Price Target History for Veresen (TSE:VSN)
Price Target History for Veresen (TSE:VSN)
Analysts' Ratings History for Veresen (TSE:VSN)
Show:
DateFirmActionRatingPrice TargetDetails
7/5/2017TD SecuritiesBoost Price TargetBuy -> TenderC$11.00 -> C$18.50View Rating Details
5/3/2017Royal Bank Of CanadaDowngradeOutperform -> Sector PerformC$16.00 -> C$18.65View Rating Details
5/3/2017BMO Capital MarketsBoost Price TargetMarket PerformC$14.00 -> C$18.65View Rating Details
5/2/2017Raymond James Financial, Inc.Boost Price TargetMarket PerformC$16.00 -> C$20.00View Rating Details
5/2/2017National Bank FinancialDowngradeOutperform -> TenderC$18.00 -> C$20.50View Rating Details
3/14/2017ScotiabankReiterated RatingOutperformC$16.00View Rating Details
3/2/2017GMP SecuritiesLower Price TargetC$16.25 -> C$16.00View Rating Details
2/22/2017DesjardinsBoost Price TargetHoldC$13.00 -> C$14.00View Rating Details
2/9/2017CIBCBoost Price TargetC$14.00 -> C$16.00View Rating Details
8/9/2016Citigroup Inc.Boost Price TargetBuyC$13.00 -> C$15.00View Rating Details
8/6/2016Canaccord GenuityBoost Price TargetSellC$9.00 -> C$11.00View Rating Details
4/8/2016AltaCorp CapitalUpgradeSector Perform -> OutperformView Rating Details
(Data available from 10/21/2015 forward)

Earnings

Earnings History for Veresen (TSE:VSN)
Earnings by Quarter for Veresen (TSE:VSN)
Earnings History by Quarter for Veresen (TSE VSN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/30/2017N/AView Earnings Details
8/6/2014C$0.02C($0.01)C$109.17 millionC$89.30 millionViewN/AView Earnings Details
5/6/2014C$0.06C$0.16C$91.90 millionC$92.00 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Veresen (TSE:VSN)
Current Year EPS Consensus Estimate: $0.44 EPS

Dividends

Dividend History by Quarter for Veresen (TSE VSN)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/15/2017Monthly$0.085.54%9/22/20179/25/201710/23/2017
8/17/2017Monthly$0.085.78%8/23/20178/25/20179/22/2017
7/14/2017Monthly$0.085.46%7/21/20177/25/20178/23/2017
8/20/2015$0.068/27/20158/31/20159/23/2015
7/22/2015$0.067/29/20157/31/20158/21/2015
6/19/2015$0.076/26/20156/30/20157/23/2015
5/20/2015$0.075/27/20155/29/20156/23/2015
4/21/2015$0.074/28/20154/30/20155/22/2015
3/20/2015$0.073/27/20153/31/20154/23/2015
2/18/2015$0.072/25/20152/27/20153/23/2015
1/21/2015$0.071/28/20151/30/20152/23/2015
12/8/2014$0.0712/29/201412/31/20141/23/2015
11/20/2014nov 14$0.075.26%11/25/201411/28/201412/23/2014
10/22/2014$0.0710/29/201410/31/201411/21/2014
9/19/2014sep 14$0.089/26/20149/30/201410/23/2014
8/20/2014aug 14$0.088/27/20148/29/20149/23/2014
7/22/2014jul 14$0.087/29/20147/31/20148/22/2014
6/19/2014jun 14$0.086/26/20146/30/20147/23/2014
5/21/2014$0.085/28/20145/30/20146/23/2014
4/21/2014apr 14$0.084/28/20144/30/20145/23/2014
3/20/2014mar 14$0.083/27/20143/31/20144/23/2014
2/19/2014$0.082/26/20142/28/20143/21/2014
2/19/2014feb 14$0.082/26/20142/28/20143/21/2014
1/22/2014$0.081/29/20141/31/20142/21/2014
1/22/2014jan 14$0.081/31/20142/21/2014
12/9/2013$0.0812/27/201312/31/20131/23/2014
12/9/2013dec 13$0.0812/31/20131/23/2014
11/19/2013$0.0811/26/201311/29/201312/23/2013
11/19/2013nov 13$0.0811/29/201312/23/2013
10/22/2013oct 13$0.0810/31/201311/22/2013
9/19/2013sep 13$0.089/30/201310/23/2013
8/21/2013aug 13$0.088/30/20139/23/2013
6/19/2013jun 13$0.086/28/20137/23/2013
5/22/2013may 13$0.085/31/20136/21/2013
4/19/2013apr 13$0.084/30/20135/23/2013
3/19/2013mar 13$0.083/28/20134/23/2013
2/19/2013feb 13$0.082/28/20133/22/2013
1/22/2013jan 13$0.081/31/20132/22/2013
12/10/2012dec 12$0.0812/31/20121/23/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Veresen (TSE:VSN)
Insider Trades by Quarter for Veresen (TSE:VSN)
Insider Trades by Quarter 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

Headline Trends for Veresen (TSE:VSN)
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Chart

Veresen (VSN) Chart for Saturday, October, 21, 2017

This page was last updated on 10/21/2017 by MarketBeat.com Staff

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