Veresen Inc (VSN) to Release Quarterly Earnings on Monday
Veresen Inc (TSE:VSN) is scheduled to be announcing its earnings results after the market closes on Monday, October 30th.
Shares of Veresen Inc (VSN) opened at 18.51 on Monday. Veresen Inc has a 12 month low of $11.40 and a 12 month high of $19.07. The stock’s 50 day moving average is $17.92 and its 200 day moving average is $17.53. The stock has a market capitalization of $5.81 billion and a PE ratio of 36.01.
The firm also recently declared a monthly dividend, which will be paid on Monday, October 23rd. Stockholders of record on Monday, September 25th will be paid a $0.083 dividend. This represents a $1.00 annualized dividend and a dividend yield of 5.38%. The ex-dividend date is Friday, September 22nd.
Separately, TD Securities raised their price target on shares of Veresen from C$11.00 to C$18.50 and gave the stock a “tender” rating in a research note on Wednesday, July 5th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Veresen currently has a consensus rating of “Hold” and an average target price of C$17.59.
Veresen Company Profile
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.
Receive News & Ratings for Veresen Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Veresen Inc and related companies with MarketBeat.com's FREE daily email newsletter.