About Veresen (TSE:VSN)
Veresen 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
- Market Cap: C$5.81 billion
- Outstanding Shares: 313,652,000
- 50 Day Moving Avg: C$17.92
- 200 Day Moving Avg: C$17.53
- 52 Week Range: C$11.40 - C$19.07
Sales & Book Value:
- Trailing P/E Ratio: 36.01
- P/E Growth: 6.01
- Annual Revenue: C$57 million
- Price / Sales: 101.85
- Book Value: C$7.18 per share
- Price / Book: 2.58
- EBITDA: ($106,000,000.00)
- Net Margins: 168.75%
- Return on Equity: 3.57%
- Return on Assets: 2.41%
- 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?
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?
Some companies that are related to Veresen include Goldcorp (GG), Westlake Chemical Corporation (WLK), Canadian Utilities Limited (CU), Chemours Company (The) (CC), First Quantum Minerals Limited (FM), Agnico Eagle Mines Limited (AEM), Fresnillo Plc (FRES), Bunge Limited (BG), Antofagasta plc (ANTO), Inter Pipeline Ltd (IPL), South32 Ltd (S32), Arkema SA (ARKAY), Randgold Resources Limited (GOLD), Silver Wheaton Corp (WPM), Mondi Plc (MNDI), Steel Dynamics (STLD), Johnson Matthey PLC (JMPLY) and Fibria Celulose S.A. (FBR).
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?
MarketBeat Community Rating for Veresen (TSE VSN)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.
One share of Veresen stock can currently be purchased for approximately C$18.51.
Consensus Ratings for Veresen (TSE:VSN) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|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)
Analysts' Ratings History for Veresen (TSE:VSN)
(Data available from 10/21/2015 forward)
|7/5/2017||TD Securities||Boost Price Target||Buy -> Tender||C$11.00 -> C$18.50|
|5/3/2017||Royal Bank Of Canada||Downgrade||Outperform -> Sector Perform||C$16.00 -> C$18.65|
|5/3/2017||BMO Capital Markets||Boost Price Target||Market Perform||C$14.00 -> C$18.65|
|5/2/2017||Raymond James Financial, Inc.||Boost Price Target||Market Perform||C$16.00 -> C$20.00|
|5/2/2017||National Bank Financial||Downgrade||Outperform -> Tender||C$18.00 -> C$20.50|
|3/2/2017||GMP Securities||Lower Price Target||C$16.25 -> C$16.00|
|2/22/2017||Desjardins||Boost Price Target||Hold||C$13.00 -> C$14.00|
|2/9/2017||CIBC||Boost Price Target||C$14.00 -> C$16.00|
|8/9/2016||Citigroup Inc.||Boost Price Target||Buy||C$13.00 -> C$15.00|
|8/6/2016||Canaccord Genuity||Boost Price Target||Sell||C$9.00 -> C$11.00|
|4/8/2016||AltaCorp Capital||Upgrade||Sector Perform -> Outperform|
Earnings History for Veresen (TSE:VSN)Earnings History by Quarter for Veresen (TSE VSN)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/6/2014||C$0.02||C($0.01)||C$109.17 million||C$89.30 million||View||N/A|
|5/6/2014||C$0.06||C$0.16||C$91.90 million||C$92.00 million||View||N/A|
Earnings Estimates for Veresen (TSE:VSN)
Current Year EPS Consensus Estimate: $0.44 EPS
Dividend History by Quarter for Veresen (TSE VSN)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Veresen (TSE:VSN)Insider Trades by Quarter for Veresen (TSE:VSN)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|6/7/2016||Henry William Sykes||Director||Buy||2,000||C$10.50||C$21,000.00|
|11/9/2015||Henry William Sykes||Director||Buy||2,000||C$10.61||C$21,222.00|
|9/4/2015||Henry William Sykes||Director||Buy||2,000||C$12.74||C$25,480.00|
|9/4/2015||Jesse David Marble||Insider||Buy||5,000||C$12.72||C$63,613.50|
|8/14/2015||Jesse David Marble||Insider||Buy||5,000||C$14.09||C$70,441.00|
|8/7/2015||Henry William Sykes||Director||Buy||1,400||C$12.72||C$17,803.94|
|7/11/2015||Elizabeth Grace Spomer||Insider||Buy||7,000||C$15.13||C$105,910.00|
|7/10/2015||Elizabeth Grace Spomer||Insider||Buy||2,800||C$15.12||C$42,336.00|
|3/19/2015||Q.C. Robert John Iverach||Director||Buy||3,000||C$15.47||C$46,410.00|
|3/17/2015||Jesse David Marble||Insider||Buy||5,000||C$15.23||C$76,153.00|
Headline Trends for Veresen (TSE:VSN)
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Veresen (VSN) Chart for Saturday, October, 21, 2017