Veresen Company Profile (TSE:VSN)

About Veresen (TSE:VSN)

Veresen logoVeresen Inc. is an 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: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Symbol: TSE:VSN
  • CUSIP: N/A
  • Web: N/A
Capitalization:
  • Market Cap: C$5.76 billion
  • Outstanding Shares: 313,652,000
Average Prices:
  • 50 Day Moving Avg: C$17.17
  • 200 Day Moving Avg: C$14.20
  • 52 Week Range: C$9.97 - C$18.76
P/E:
  • Trailing P/E Ratio: 287.19
  • P/E Growth: 6.06
Sales & Book Value:
  • Annual Revenue: C$53 million
  • Price / Sales: 108.77
  • Book Value: C$7.16 per share
  • Price / Book: 2.57
Dividend:
  • Dividend Yield: 5.4%
Profitability:
  • EBIDTA: ($117,000,000.00)
Misc:
  • Average Volume: 1.72 million shs.
  • Short Ratio: 3.68
 

Frequently Asked Questions for Veresen (TSE:VSN)

What is Veresen's stock symbol?

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

When will Veresen make its next earnings announcement?

Veresen is scheduled to release their next quarterly earnings announcement on Tuesday, August, 1st 2017. View Earnings Estimates for Veresen.

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

7 equities research analysts have issued 12 month price targets for Veresen's shares. Their forecasts range from C$11.00 to C$20.50. On average, they anticipate Veresen's share price to reach C$16.58 in the next year. View Analyst Ratings for Veresen.

Who are some of Veresen's key competitors?

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.

How much does a share of Veresen stock cost?

One share of Veresen stock can currently be purchased for approximately C$18.38.

Analyst Ratings

Consensus Ratings for Veresen (TSE:VSN) (?)
Ratings Breakdown: 1 Sell Rating, 4 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.14)
Consensus Price Target: C$16.58

Analysts' Ratings History for Veresen (TSE:VSN)
Show:
DateFirmActionRatingPrice TargetDetails
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 IncBoost 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
3/11/2016TD SecuritiesLower Price TargetBuyC$17.00 -> C$11.00View Rating Details
(Data available from 5/28/2015 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
8/1/2017        
8/6/2014$0.02($0.01)$109.17 million$89.30 millionViewN/AView Earnings Details
5/6/2014$0.06$0.16$91.90 million$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
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)
Latest Headlines for Veresen (TSE:VSN)
Source:
DateHeadline
finance.yahoo.com logoVeresen Announces Common Share Dividend for May 2017 and Quarterly Dividend on its Preferred Shares
finance.yahoo.com - May 19 at 6:41 PM
fool.ca logoThis High-Growth Oil Stock Could Jump Another 60%
www.fool.ca - May 17 at 10:13 PM
finance.yahoo.com logoOregon county rejects measure blocking natural gas terminal
finance.yahoo.com - May 17 at 8:35 AM
finance.yahoo.com logoOregon county to vote on blocking natural gas terminal
finance.yahoo.com - May 16 at 8:17 AM
finance.yahoo.com logoOregon port vote is latest local action on fossil fuels
finance.yahoo.com - May 14 at 11:57 AM
nasdaq.com logoEXCLUSIVE-Cheniere in talks to boost LNG shipments to China - Nasdaq
www.nasdaq.com - May 12 at 8:31 PM
americanbankingnews.com logoVeresen Inc (VSN) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - May 8 at 10:14 AM
finance.yahoo.com logoEdited Transcript of VSN.TO earnings conference call or presentation 4-May-17 1:00pm GMT
finance.yahoo.com - May 5 at 3:29 AM
finance.yahoo.com logoVeresen Announces First Quarter Financial Results and Increased 2017 Guidance
finance.yahoo.com - May 3 at 6:53 PM
finance.yahoo.com logoVeresen Announces Voting Results for Election of Directors
finance.yahoo.com - May 3 at 6:53 PM
americanbankingnews.com logoRoyal Bank of Canada Downgrades Veresen Inc (VSN) to Sector Perform
www.americanbankingnews.com - May 3 at 12:42 PM
americanbankingnews.com logoRaymond James Financial, Inc. Boosts Veresen Inc (VSN) Price Target to C$20.00
www.americanbankingnews.com - May 2 at 3:50 PM
americanbankingnews.com logoNational Bank Financial Downgrades Veresen Inc (VSN) to Tender
www.americanbankingnews.com - May 2 at 3:48 PM
nasdaq.com logoCANADA STOCKS-TSX ends moderately lower as Pembina, materials drag - Nasdaq
www.nasdaq.com - May 2 at 8:21 AM
finance.yahoo.com logo[$$] Canadian Energy Companies Pembina Pipeline, Veresen to Combine
finance.yahoo.com - May 2 at 8:21 AM
finance.yahoo.com logoPRESS DIGEST- Canada - May 2
finance.yahoo.com - May 2 at 8:21 AM
cnbc.com logoUPDATE 5-Pembina buys Veresen for $7.1 bln as pipeline sector consolidates
www.cnbc.com - May 1 at 7:41 PM
americanbankingnews.com logoVeresen Inc (VSN) to Release Quarterly Earnings on Wednesday
www.americanbankingnews.com - May 1 at 4:44 PM
nasdaq.com logoRPT-Pembina buys Veresen for $7.1 bln as pipeline sector consolidates
www.nasdaq.com - May 1 at 2:40 PM
rttnews.com logoPembina To Acquire Veresen Inc. - Quick Facts
www.rttnews.com - May 1 at 10:16 AM
marketwatch.com logoPembina and Veresen to Create Leading North American Energy Infrastructure Company
www.marketwatch.com - May 1 at 10:16 AM
reuters.com logoPembina adds natgas infrastructure with C$9.7 billion Veresen buy
www.reuters.com - May 1 at 10:16 AM
nasdaq.com logoCANADA STOCKS-TSX futures flat as U.S. avoids government shutdown - Nasdaq
www.nasdaq.com - May 1 at 10:16 AM
nasdaq.com logoPembina To Acquire Veresen Inc. - Quick Facts - Nasdaq
www.nasdaq.com - May 1 at 10:16 AM
finance.yahoo.com logo[$$] Pembina to Buy Veresen for $4.3 Billion
finance.yahoo.com - May 1 at 10:16 AM
finance.yahoo.com logoCANADA STOCKS-TSX edges higher, led by Veresen on takeover
finance.yahoo.com - May 1 at 10:16 AM
fool.ca logoIncome Investors: This Monthly-Dividend Stock Yields 6.3%
www.fool.ca - April 26 at 5:10 PM
finance.yahoo.com logoVeresen Announces Common Share Dividend for April 2017 - Yahoo Finance
finance.yahoo.com - April 19 at 8:54 PM
finance.yahoo.com logoVeresen Announces Common Share Dividend for April 2017
finance.yahoo.com - April 19 at 8:54 PM
finance.yahoo.com logoVeresen Announces Closing of Gas-Fired Power Assets
finance.yahoo.com - April 13 at 11:19 PM
seekingalpha.com logoWTI Continues To Rally
seekingalpha.com - April 7 at 1:25 PM
finance.yahoo.com logoLNG producers turn to trading, risk taking to maintain market share
finance.yahoo.com - April 7 at 1:25 PM
finance.yahoo.com logoVeresen Confirms First Quarter Earnings Release Date and Provides First Quarter Conference Call and AGM Webcast Details
finance.yahoo.com - April 7 at 1:25 PM
baystreet.ca logoDollarama Out with News, Hits 52-Week High
www.baystreet.ca - March 30 at 8:23 PM
finance.yahoo.com logoVeresen Announces Common Share Dividend for March 2017
finance.yahoo.com - March 23 at 7:27 AM
americanbankingnews.com logoAnalysts’ Weekly Ratings Updates for Veresen (VSN)
www.americanbankingnews.com - March 9 at 7:36 AM
finance.yahoo.com logoEdited Transcript of VSN.TO earnings conference call or presentation 1-Mar-17 3:00pm GMT
finance.yahoo.com - March 2 at 1:24 AM
finance.yahoo.com logoVeresen Announces Fourth Quarter & Year End Financial Results and Additional $95 Million of Capital Projects at Veresen Midstream
finance.yahoo.com - February 28 at 8:12 PM
biz.yahoo.com logoQ4 2016 Veresen Inc Earnings Release - After Market Close
biz.yahoo.com - February 28 at 11:08 AM
finance.yahoo.com logoMorning News Call - Canada, February 27 - Yahoo Finance
finance.yahoo.com - February 27 at 8:21 AM
investopedia.com logoUPS Successfully Tests Drone to Deliver Package
www.investopedia.com - February 23 at 3:22 AM
baystreet.ca logoVeresen Agrees to Make a Transformational $1.18-Billion Sale
www.baystreet.ca - February 22 at 11:11 AM
finance.yahoo.com logoVeresen to sell its power business for $1.18 bln
finance.yahoo.com - February 21 at 4:07 PM
finance.yahoo.com logoVeresen Announces Sale of Power Business for $1.18 Billion
finance.yahoo.com - February 21 at 8:15 AM
benzinga.com logoVeresen Announces Common Share Dividend for February 2017 and Quarterly Dividend on its Preferred Shares - Benzinga
www.benzinga.com - February 17 at 5:06 PM
finance.yahoo.com logoVeresen Announces Common Share Dividend for February 2017 and Quarterly Dividend on its Preferred Shares
finance.yahoo.com - February 17 at 5:06 PM
baystreet.ca logoMarathon, Veresen at 52-Week Highs - Baystreet.ca
www.baystreet.ca - February 14 at 3:50 PM
finance.yahoo.com logoVeresen Confirms 2016 Fourth Quarter and Year End Earnings Release Date & Provides Conference Call and Webcast Details
finance.yahoo.com - February 2 at 6:39 AM
forbes.com logoCash Dividend On The Way From Veresen
www.forbes.com - January 25 at 11:25 AM

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Chart

Veresen (VSN) Chart for Sunday, May, 28, 2017

This page was last updated on 5/28/2017 by MarketBeat.com Staff