Tullow Oil Share Discussion Threads

[amaretto1] 12/9/2015 10:46

They predicted 200 when we were at 140 !!
We went to ?

[azalea] 12/9/2015 09:49

mreasygoing
Perhaps you might care to say how many you bought and at what price so we can follow you paper profits/losses over the next 12 months?

[mreasygoing] 11/9/2015 23:22

That's why I bought TLW, as its best to buy when others are most fearful.

[cricklewood] 11/9/2015 23:14

Analysts predict oil price plunge: Oversupply could drive Brent Crude to $20, warns Goldman Sachs

Read more:

[azalea] 11/9/2015 17:04

koester
Unless the Republicans and other dissenting parties can win the vote on Capitol Hill and do so with a two thirds majority to overcome what would otherwise be a presidential veto, then sanction should be lifted before the end of the year.

[largechablis] 11/9/2015 15:45

Most probably koetser, but it's already priced in and their infrastructure will need massive investment before it can get to a decent daily output. Tbh it's a bit of a sideshow as in percentage terms the change to world output will be negated if and when OPEC start turning down their taps later in the year.

[n73] 11/9/2015 15:44

This giant is coming to be priced at market value between 80 and 120p in next few months.Sun always sets in the west where I stand;for next 15 months or so nothing will happen in economics or politics during this time. Only gossip.

[koetser] 11/9/2015 14:51

are the sanctions going to be lifted?

[azalea] 11/9/2015 14:14

Re Russia and OPEC these were reportedly statements by respective countries. Re Iran, who knows how much spare capacity it has to put on the market at the turn of a tap. The acid test will be what happens once the sanctions are lifted this year,

[largechablis] 11/9/2015 13:33

OPEC will cut production shortly. Neither they or Russia can afford oil to remain at these levels.

Also, as well documented Iran are 18 months away from full production so really not a factor.

The oil price is forward looking so worst case is already in the price, which is why a bottom is forming in most oil stocks as short covering begins.

[azalea] 11/9/2015 12:27

The bad news is Saudi Arabia and Russia will not cut production and Iran will be increasing production, if, as is most likely, US sanctions are lifted.

[mreasygoing] 11/9/2015 08:59

Exactly mate, a nice bottom is forming. A break above 220 and this will move swiftly to 300p on short covering alone. POO is the ultimate mover but greed and fear will play a part too. I'm adding to my holding around 200p.

[largechablis] 11/9/2015 08:23

All the bad news is in the price (and some!) - the share price chart shows a bottom forming and the smart money is covering short positions.

[olieslim] 11/9/2015 08:07

Here's a positive note. From the U.S., but ok...



Keyword: shortcovering

(Maybe they took this down to squeeze and buy? Bound to bounce ;-)

[oilretire] 11/9/2015 07:56

TEN is the key. As long as that goes to plan it will be fine in the long run even at $50 oil......

[amaretto1] 10/9/2015 20:32

It's his misguided opinion !!
If oil was at 60, tullow would be at £4 plus !!
It's the shorters last dance
If opec cut they are toast !

[mbmiah] 10/9/2015 17:49

Rumours don't get printed mind

[lonrho] 10/9/2015 17:07

USA oil production down nearly half a million barrels a day from june to september, at some point the oil price should take notice of this decline which is forecast to continue.

[amaretto1] 10/9/2015 17:00

HSBC today buy ! Goldman Sachs buy today !

[pally12] 10/9/2015 15:33

IN THE KNOW: Tullow Needs To Raise More Capital Fast, Says InvestecNowhere of this anywhere else just on here?

[deanroberthunt] 10/9/2015 15:29

market is rarely wrong...

[largechablis] 10/9/2015 15:25

lol @dros1

In again @189 for the trip back to 225p

[amaretto1] 10/9/2015 15:24

Take over !! ??)?

[amaretto1] 10/9/2015 15:21

It's false !! If I was u long is the way !!