Veren
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Veren generated cash of $2,195,700,000, which is more than the previous year. Cash used in financing activities reached the amount of $1,768,900,000 last year. Net change in cash is therefore -$272,600,000.
Cash Flow
| 2017 | 1.71B | -1.96B | 291.2M |
|---|---|---|---|
| 2019 | 1.74B | -345M | -1.35B |
| 2022 | 2.19B | -860.6M | -1.05B |
| 2023 | 2.19B | -4.23B | 1.76B |
VRN Cash Flow Statement (2017 – 2023)
| 2023 | 2022 | 2019 | 2017 | |
|---|---|---|---|---|
Cash at beginning of period | 289.9M | 13.5M | 15.3M | 13.4M |
Operating activities | ||||
Net income | 570.3M | 1.14B | -1.03B | -124M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||
Depreciation and amortization | 0 | 970.9M | 1.27B | 1.77B |
Stock-based compensation expense | 5.7M | 6M | 24.9M | 0 |
| Deferred income tax benefit | 5.7M | 6M | 24.9M | 0 |
| Changes in operating assets and liabilities: | ||||
Accounts receivable, net | 66.7M | -11.3M | -31.8M | -21.6M |
Inventories | 0 | 0 | 0 | 0 |
Accounts payable | -97.8M | -3.5M | -16.5M | 13.9M |
Cash generated by operating activities | 2.19B | 2.19B | 1.74B | 1.71B |
Investing activities | ||||
Purchases Of Investments | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -1.22B | -1.02B | -1.30B | -1.85B |
Acquisitions Net | -3.01B | 192.9M | 901.2M | -42M |
Cash generated by investing activities | -4.23B | -860.6M | -345M | -1.96B |
Financing activities | ||||
Common Stock Issued | 479.7M | 0 | 0 | 0 |
Payments for dividends | -211.9M | -200.6M | -22M | -197.7M |
Repurchases of common stock | -349.9M | -294.2M | -123.4M | -2.6M |
Repayments of term debt | 1.75B | -640.7M | -1.23B | 545.6M |
Cash used in financing activities | 1.76B | -1.05B | -1.35B | 291.2M |
Net Change In Cash | -272.6M | 276.4M | 41.6M | 49M |
Cash at end of period | 17.3M | 289.9M | 56.9M | 62.4M |
| Data source | Data source | Data source | Data source |