Tullow Oil Share Discussion Threads

[jovi1] 26/11/2015 17:24

it seems there is a number of rumors about take over, i wonder how is really pulling the string.
in some cases we know the front like new age but can it be some very well informed people with some Saudy cash making a shopping list before agreeing to cut production?
well that would be nice, even in case of bid will be cash or paper?
in any case i remember that in the past before poo pick up we had many consolidation.
well let hope this is the turning point.
for me i will keep the same strategy and add at regular interval regardless the news of the day, and not due to add untill next week.
good luck

[wantmorethan24p] 26/11/2015 16:48

rumours of takeovers and mergers doing the rounds at the moment.

2 companies which are rumoured are genl and ophir.

been approached by different parties hence that makes sense when we had the huge spike yesterday.

[wantmorethan24p] 26/11/2015 10:11

a snippet from another website....




Bargain hunters have been on red alert in recent months, with the resources sector undergoing a huge fall in valuations. It has left a number of companies offering much, much lower share prices than even a few months ago, which has led to value investors becoming increasingly excited about potential purchases.

Of course, while cheap, the sector also offers considerable risks. It seems likely that commodities such as oil will see their pricing come under further pressure in the coming months, with a glut of supply and a lack of rising demand likely to leave the oil bulls disappointed. However, in the long run there is opportunity for less risk averse investors to buy now, absorb a high degree of volatility, and profit further down the line.


One company for which this appears to be the case is Tullow Oil (LSE: TLW). Certainly, it has endured a very challenging number of years and its share price fall of 59% in the last year indicates that investor sentiment is very weak. However, with the company having refreshed its strategy so that it is now focused on maximising its producing assets rather than focusing on exploration, its profitability is set to rise at a rapid rate.

In fact, in 2016 Tullow’s bottom line is forecast to rise by a whopping 604% as new production capacity comes onstream partway through next year. This puts the company’s shares on a price to earnings growth (PEG) ratio of just 0.2, which indicates that they could be due for an upward rerating over the medium term. Furthermore, Tullow’s cash flow is expected to improve so that its minimal yield at the present time has the potential to rise briskly over the coming years.

[jovi1] 25/11/2015 16:04

i like ophr and i have plenty riding on them, but where would be the advantage?
ophr has some cash but would not make much difference in TLW they are more likely to buy assetts in distressed small company that have anything to do with TLW

[azalea] 25/11/2015 15:50

OPHR. Brokers' forecast Ptx and Eps losses for 2015 & 2016. If anything, a merger is more likely than a bid?

[dlku] 25/11/2015 14:56

bid from OPHR?

[jovi1] 25/11/2015 14:54

with thanksgiving in usa do you guy think the oil will go down early in the day and get back up by the end but all been equal will not change share price that much.
as ever i can be wrong but poo will be more volitile today than share.

[nigelpm] 25/11/2015 14:53

It was OPHR rumour

[wantmorethan24p] 25/11/2015 14:40

hopefully a trader working in the city can give us more information...(thats if he will)

[wantmorethan24p] 25/11/2015 14:39

why the massive spike.....


what was the rumour in the city....


all oil stocks went up bigtime.
there has obviously been a rumour!

[tas11osc] 25/11/2015 14:17

No - but Ophir Energy was at approx same time as the spike.

[wantmorethan24p] 25/11/2015 14:01

that was some spike...


has tullow been approached?????

[dlku] 25/11/2015 11:46

Oil prices are getting a leg up on the back of geopolitical tensions after Turkey downed a Russian plane that strayed into its airspace, magnifying the impact of a possible cut in production from the Organization of the Petroleum Exporting Countries.

Russia is one of world's largest oil producer and the conflict that took place on the edge of Syria contributes significantly to the premium on oil, analysts say. This risk premium coupled with the possibility that second largest oil producer Saudi Arabia is finally ready to cut oil production at the OPEC meeting next week.

Saudi Arabia is the world's largest exporter of petroleum and a top oil producer.

Both U.S. WTI and Brent crude oil prices hit two-week highs after Russia's conflict with Turkey but have since come off on profit-taking.

CME options pit
Russian jet downing boosts oil prices

"Some of the things that come through fairly strongly is that Saudi Arabia is having difficulties with its budget with these low oil prices. It's probably now in a position where it has to cut production,'" Barry Dawes, head of resources at Sydney-based Paradigm Securities told CNBC's The Rundown.

"And I think That's what the oil markets in the world are really thinking about. Sure, the security of supply right throughout that Middle East is under threat through ISIS but the big story must be 'Will Saudi Arabia cut?'" he said.

Saudi Arabia said earlier this week that it will work with other OPEC players to keep oil prices stable, giving some confidence to prices that recently hit multi-year lows..

OPEC, including oil behemoth Saudi Arabia, has been holding out for a year on an oil production cut even amid the sharp losses in oil prices which have seen oil prices more than halve since July 2014.





Oil price set to double in December?

[dlku] 25/11/2015 11:35

might be a massive spike coming in oil price driven by futures buying

[ifthecapfits] 25/11/2015 11:31

Weird - looks like many of the mid-caps did the same thing.,

[ifthecapfits] 25/11/2015 11:29

Sold straight into.

[dlku] 25/11/2015 11:26

Pmo same spike

[wookie77] 25/11/2015 10:53

Wow whats that spike about?

[davemac3] 25/11/2015 10:52

is this bottoming out here?

[sawadee3] 25/11/2015 07:56

Should be a good 'un today chaps :-)

[holmess] 25/11/2015 07:55

WTI and Brent both up in the futures this morning.

[dlku] 25/11/2015 00:51

0 COMMENTS

Oil prices climbed Tuesday on fears of a supply disruption after the Turkish military shot down a Russian jet fighter along the Syrian border.

Gasoline surged nearly 6% because of limited supplies in the Northeast ahead of Thanksgiving.

The benchmark U.S. crude-oil price soared more than 4% during intraday trading in the hours following the first reports of the fighter-plane incident, which escalated tensions between Russia and Turkey. Oil later pared gains.

[paulbiya] 24/11/2015 19:17

The Financial Times reported that hedge funds' bets against the oil price had risen to the highest level this year ahead of an Opec meeting next week, underlining market expectations that there will be limited moves to curb supply.