Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>Veren has reported its third quarter results for 2024, shedding light on both its operational successes and the challenges it faces.</li><li>The company generated excess cash flow of $114 million, with $85 million returned to shareholders.</li><li>A strategic infrastructure transaction was completed for $400 million, and total net debt is expected to be reduced by $1.3 billion by the end of 2024.</li></ul>

Veren has reported its third quarter results for 2024, shedding light on both its operational successes and the challenges it faces.The company generated excess cash flow of $114 million, with $85 million returned to shareholders.A strategic infrastructure transaction was completed for $400 million, and total net debt is expected to be reduced by $1.3 billion by the end of 2024.

Veren Energy: Could Its Infrastructure Optimization & Expansion Be a Game-Changing Move? - Major Drivers

<ul>
<li>Veren has demonstrated robust financial and operational performance in the second quarter of 2024, marked by strategic advancements in both its asset base optimization and financial structure.</li>
<li>The company reported significant operational efficiency with stable production levels, having produced 192,500 barrels of oil equivalent per day (BOE/d), of which 65% comprised oil and liquids.</li>
<li>This production performance is consistent with the company's strategic focus on high-margin liquids-rich plays in the Western Canadian Sedimentary Basin, particularly in the Alberta Montney and Kaybob Duvernay areas.</li>
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Veren has demonstrated robust financial and operational performance in the second quarter of 2024, marked by strategic advancements in both its asset base optimization and financial structure.
The company reported significant operational efficiency with stable production levels, having produced 192,500 barrels of oil equivalent per day (BOE/d), of which 65% comprised oil and liquids.
This production performance is consistent with the company's strategic focus on high-margin liquids-rich plays in the Western Canadian Sedimentary Basin, particularly in the Alberta Montney and Kaybob Duvernay areas.


Veren Inc.: Initiation Of Coverage - Will The Acquisition of SilverBow Resources Be A Game Changer?

Canada

Veren Inc. is an energy exploration company. The Company focused on the development of light crude oil, natural gas liquids, shale gas, and conventional natural gas resource, primarily in central Alberta and southeast and southwest Saskatchewan. Veren serves customers in North America.

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Veren (VRN US)

Veren Energy: Could Its Infrastructure Optimization & Expansion Be a Game-Changing Move? - Major Drivers

Veren has reported its third quarter results for 2024, shedding light on both its operational successes and the challenges it faces. The company...

Baptista Research

Veren Inc.: Initiation Of Coverage - Will The Acquisition of SilverBow Resources Be A Game Changer?

Veren has demonstrated robust financial and operational performance in the second quarter of 2024, marked by strategic advancements in both its...

Baptista Research

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