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Bullboard - Stock Discussion Forum Valeura Energy Inc. T.VLE

Alternate Symbol(s):  VLERF

Valeura Energy Inc. is an upstream oil and gas company engaged in the production, development, and exploration of petroleum and natural gas in the Gulf of Thailand and the Thrace Basin of Turkiye. The Company holds an operating working interest in four shallow water offshore licenses in the Gulf of Thailand, which include G10/48 (Wassana field), B5/27 (Jasmine and Ban Yen fields), G1/48 (Manora... see more

TSX:VLE - Post Discussion

Valeura Energy Inc. > OIL & GAS
View:
Post by goldwatch69 on Feb 25, 2023 1:20pm

OIL & GAS

Seems the natural gas crash spooked investors that were in VLE for gas. Natural gas started rebounding last week and VLE seems to have followed.  Both oil and gas rebounded last couple days. These prices are not going to last down at these levels for long. Colder temperatures followed by the summer electric surge will increase demand on gas. Meanwhile Biden the clown is losing his grip on emergency oil stockpiles and has to replenish millions of barrels in short order. Oil has nowhere to go but up.

You can follow oil and gas prices at

https://tradingeconomics.com/commodity/crude-oil

and 

https://tradingeconomics.com/commodity/natural-gas

Scroll down to see the list and click on a commodity to get to the commodity play by play and chart. A forecast tab is available at the top.
Comment by Hannamuk on Feb 25, 2023 2:53pm
  "Seems the natural gas crash spooked investors that were in VLE for gas" ?? Cannot be many, Valeura will be an oil company!!  
Comment by happygal17 on Feb 25, 2023 8:46pm
Never spooked me. Gas will just be a huge bonus.
Comment by firstworld on Feb 27, 2023 11:58am
Spooked by suprize dilution, failure to star 3000 bbl oil production now 100% over timed and takeaways from these that indicate a high probability of mabadala closing failure or signifcant delays measures in months
Comment by windymayor1 on Feb 27, 2023 12:51pm
One seller RBC selling 3/4 of total volume. Not a market sell off. Tranquilo. 
Comment by firstworld on Feb 25, 2023 9:09pm
VLE has nit been a gas play since Equinot fled and the sold shallows at 80% discount to approached value
Comment by SMlachake on Feb 26, 2023 1:43am
VLE share price does not reflect it's gas holding and any current price targets. Anybody factoring it's gas potential should be talking of double digits share price, nothing less, imo. 
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