TORC Oil & Gas (OTCMKTS:VREYF) Shares Cross Above 200-Day Moving Average – Here’s What Happened

Shares of TORC Oil & Gas Ltd. (OTCMKTS:VREYFGet Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $2.48 and traded as high as $2.5439. TORC Oil & Gas shares last traded at $2.48, with a volume of 17,000 shares changing hands.

TORC Oil & Gas Stock Performance

The stock has a 50-day moving average price of $2.48 and a 200 day moving average price of $2.48.

TORC Oil & Gas Company Profile

(Get Free Report)

TORC Oil & Gas Ltd. was a Canada-based exploration and production company focused on the acquisition, development and production of crude oil and natural gas properties in Western Canada. The company’s core activities centered on light oil assets in the Viking formation within the Williston Basin, with major operations in west-central Saskatchewan and parts of Alberta. Using horizontal drilling paired with multi-stage fracturing techniques, TORC pursued efficient, capital-disciplined development of its resource base while emphasizing operational performance and environmental stewardship.

In its pursuit of sustainable growth, TORC implemented pad drilling to optimize well spacing and minimize surface disturbance, alongside enhanced completion techniques designed to reduce greenhouse gas emissions and water usage.

Further Reading

Receive News & Ratings for TORC Oil & Gas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TORC Oil & Gas and related companies with MarketBeat.com's FREE daily email newsletter.