Veren Inc T.VRN

Conf call

[sebastian2]

Interesing call, kind of confirmed this is an overreaction when asked about market trend today, also said days like this is when they buy back stock so more shares taken off the table.   Operational issues from third party resolved going forward so that will also translate into a positive.  Cash flow and dividends not a problem worst case they will just reduce capex if oil crushes.  Best remedy for low oil price is low oil price :).   Well density, reserves all good.

[Alpha72018]

The reason it's selling off is because traders are asking themselves "why stick around in the short term knowing what we know now? Why take the risk?" I don't blame them.  

[NikoDoughski]

they bought back almost no shares and insiders havent made a legit buy in ages. lol.

[Alpha72018]

They bought back like what, 1 mil shares or something out of 616 mil oustanding? LOL, pretty much 0%. Why doesn't anyone ask on the conference calls: "What confidence does it instill in shareholders when you yourselves are not buying back shares in a meaningful way & management has very low insider ownserhip?" Funniest thing I read today was a suggestion that Veren should