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STOCKS CLIMB AT OPEN AS TSMC OUTLOOK EASES AI WORRIES

The contract chipmaker posted a 54% jump in quarterly profit to beat Wall Street estimates

Veren: Q2 Earnings Snapshot

Associated Press Finance
·1 min read

CALGARY, Alberta (AP) — CALGARY, Alberta (AP) — Veren Inc. (VRN) on Thursday reported net income of $190.8 million in its second quarter.

On a per-share basis, the Calgary, Alberta-based company said it had profit of 31 cents. Earnings, adjusted for one-time gains and costs, came to 28 cents per share.

The oil producer posted revenue of $813.4 million in the period. Its adjusted revenue was $852.6 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VRN at https://www.zacks.com/ap/VRN