Veren Inc. (VRN) stock is up 17.33% YTD due to merger and positive earnings outlook.
From Yahoo Finance: 2025-04-26 17:22:00
The energy sector has seen volatility, with the S&P 500 energy sector up 9% in early 2025. Veren Inc. (NYSE:VRN) is a Canadian oil and gas company, with VRN stock up 17.33% YTD. The recent rally was driven by a $15 billion merger with Whitecap Resources and positive earnings outlook. Hedge funds show interest in VRN, but AI stocks may offer more promising returns.
Midstream companies and renewables have shown resilience in the energy sector, despite Brent futures hitting lows. Tech stocks have also seen success in 2025. Hedge funds are interested in energy stocks, with our research indicating the potential for outperformance by following their top picks. Our quarterly newsletter has returned 373.4% since 2014 by selecting top stock picks from hedge funds.
VRN ranks 11th on the list of energy stocks up the most in 2025, with a consensus price target of $12.67 implying 112.53% upside potential. The stock has gained momentum from a merger and positive earnings, attracting investor interest. While VRN shows promise, AI stocks may offer higher returns in a shorter time frame. Check out our report on the cheapest AI stock poised for massive gains.
Read more: Why Veren Inc. (VRN) Is Up the Most So Far in 2025