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$5.45 billion
  • Outstanding Shares: 313,652,000
Average Prices:
  • 50 Day Moving Avg: C$18.09
  • 200 Day Moving Avg: C$16.60
  • 52 Week Range: C$11.40 - C$18.76
P/E:
  • Trailing P/E Ratio: 33.46
  • P/E Growth: 4.84
Sales & Book Value:
  • Annual Revenue: C$57 million
  • Price / Sales: 95.58
  • Book Value: C$7.18 per share
  • Price / Book: 2.42
Dividend:
  • Dividend Yield: 5.8%
Profitability:
  • EBIDTA: ($106,000,000.00)
  • Net Margins: 168.75%
  • Return on Equity: 3.57%
  • Return on Assets: 2.41%
Misc:
  • Average Volume: 1.20 million shs.
  • Short Ratio: 1.13
 

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."

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

Veresen announced a monthly dividend on Thursday, August 17th. Investors of record on Friday, August 25th will be given a dividend of 0.083 per share on Friday, September 22nd. This represents a $1.00 dividend on an annualized basis and a yield of 5.73%. The ex-dividend date of this dividend is Wednesday, August 23rd. 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 analysts have issued 12-month price objectives for Veresen's shares. Their forecasts range from C$14.00 to C$20.50. On average, they expect Veresen's share 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$17.37.


MarketBeat Community Rating for Veresen (TSE VSN)
Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  206 (Vote Outperform)
Underperform Votes:  279 (Vote Underperform)
Total Votes:  485
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

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 8/23/2015 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
8/6/2014$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: $0.51 EPS

Dividends

Dividend History by Quarter for Veresen (TSE VSN)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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)
Latest Headlines for Veresen (TSE:VSN)
Source:
DateHeadline
americanbankingnews.com logoVeresen Inc Plans Monthly Dividend of $0.08 (VSN)
www.americanbankingnews.com - August 22 at 9:16 AM
finance.yahoo.com logoETFs with exposure to Veresen, Inc. : August 18, 2017
finance.yahoo.com - August 19 at 8:53 AM
americanbankingnews.com logoVeresen Inc (VSN) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - August 18 at 2:42 PM
finance.yahoo.com logoVeresen Announces Common Share Dividend for August 2017 and Quarterly Dividend on its Preferred Shares
finance.yahoo.com - August 17 at 9:08 AM
finance.yahoo.com logoVeresen, Inc. :VSN-CA: Earnings Analysis: Q2, 2017 By the Numbers : August 7, 2017
finance.yahoo.com - August 8 at 8:11 AM
finance.yahoo.com logoVeresen, Inc. :VSN-CA: Earnings Analysis: Q1, 2017 By the Numbers : August 4, 2017
finance.yahoo.com - August 5 at 8:24 AM
finance.yahoo.com logoEdited Transcript of VSN.TO earnings conference call or presentation 3-Aug-17 1:00pm GMT
finance.yahoo.com - August 4 at 9:48 AM
finance.yahoo.com logoVeresen, Inc. breached its 50 day moving average in a Bullish Manner : VSN-CA : August 2, 2017
finance.yahoo.com - August 3 at 8:42 AM
finance.yahoo.com logoVeresen Announces Second Quarter Financial Results and Increased 2017 Guidance
finance.yahoo.com - August 3 at 8:42 AM
americanbankingnews.com logoVeresen Inc (TSE:VSN) Set to Announce Earnings on Wednesday
www.americanbankingnews.com - July 26 at 7:45 AM
americanbankingnews.com logoVeresen Inc (TSE:VSN) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - July 24 at 2:26 PM
finance.yahoo.com logoVeresen, Inc. breached its 50 day moving average in a Bullish Manner : VSN-CA : July 20, 2017
finance.yahoo.com - July 21 at 8:33 AM
americanbankingnews.com logoVeresen Inc (TSE:VSN) Announces Monthly Dividend of $0.08
www.americanbankingnews.com - July 20 at 9:43 AM
finance.yahoo.com logoVeresen Announces Resignation of Director and Common Share Dividend for July 2017
finance.yahoo.com - July 14 at 9:48 AM
seekingalpha.com logoVeresen declares CAD 0.0833 dividend
seekingalpha.com - July 13 at 4:19 PM
finance.yahoo.com logoPembina and Veresen Announce Court of Queen's Bench Approval of Business Combination
finance.yahoo.com - July 12 at 8:23 PM
finance.yahoo.com logoVeresen, Inc. – Value Analysis (TORONTO:VSN) : July 6, 2017
finance.yahoo.com - July 6 at 5:02 PM
americanbankingnews.com logoVeresen Inc (VSN) Downgraded to Tender at TD Securities
www.americanbankingnews.com - July 5 at 2:32 PM
feeds.benzinga.com logoEnwave Expands Canadian Presence
feeds.benzinga.com - July 5 at 12:02 PM
nasdaq.com logoCANADA STOCKS-TSX futures weighed down by weak oil - Nasdaq
www.nasdaq.com - July 5 at 11:21 AM
finance.yahoo.com logoVeresen Confirms Second Quarter Earnings Release Date and Provides Second Quarter Conference Call Details
finance.yahoo.com - July 5 at 11:21 AM
finance.yahoo.com logoVeresen, Inc. breached its 50 day moving average in a Bearish Manner : VSN-CA : July 5, 2017
finance.yahoo.com - July 5 at 11:21 AM
finance.yahoo.com logoVeresen Announces Closing of Additional Power Assets
finance.yahoo.com - July 4 at 8:38 AM
marketwatch.com logoVeresen Announces Receipt of Consents Regarding its Medium Term Notes and Cancellation of Meeting of the ... - MarketWatch
www.marketwatch.com - July 1 at 8:54 AM
finance.yahoo.com logoVeresen Announces Receipt of Consents Regarding its Medium Term Notes and Cancellation of Meeting of the Holders of Notes
finance.yahoo.com - July 1 at 8:54 AM
americanbankingnews.com logoVeresen Inc (VSN) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - June 27 at 2:56 PM
fool.ca logoShould You Buy Pembina Pipeline Corp. Today? - The Motley Fool Canada
www.fool.ca - June 26 at 3:33 PM
finance.yahoo.com logoVeresen Announces Common Share Dividend for June 2017
finance.yahoo.com - June 22 at 2:36 PM
americanbankingnews.com logoVeresen Inc (VSN) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - June 2 at 7:50 AM
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

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Chart

Veresen (VSN) Chart for Wednesday, August, 23, 2017

This page was last updated on 8/23/2017 by MarketBeat.com Staff