Latest gross profit for CPG: $2.1B, below the Energy sector average of $170B.
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+ FollowAs of Mar 31, 2024
Trailing 12 months ending Mar 31, 2024
Veren (CPG) currently reports a gross profit of $2.1B as of March 2024. That compares with $2.6B in the prior-year period — down 21.1% year over year. That is below the Energy sector average of $170B. Use the charts on this page to explore Veren's gross profit history and peer comparisons.
Veren's gross profit decreased from $2.6B to $2.1B — a 21.1% year-over-year decrease (period ending March 2024). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.
Veren's gross profit of $2.1B is lower than the Energy sector average of $170B. That is roughly 98.8% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
Veren reported $2.1B in gross profit as of March 2024. That compares with $2.6B in the prior-year period — down 21.1% year over year. Absolute dollar amounts are most useful when compared with prior periods, peers, and related line items such as revenue, assets, or liabilities on Stockcircle.
Start with the current gross profit of $2.1B, then check the historical chart for trend and the peer comparison chart for relative positioning. The Energy average is $170B. From there, open related valuation or income-statement pages for Veren, and consider following CPG for alerts when major investors trade the stock.