Tullow Oil Share Discussion Threads

[celeritas] 27/7/2016 10:26

pound, do you not believe US shale will just come back into production to limit poo appreciation.
At $60 most shale oil is profitable so I can see that forming a ceiling unless large production is taken out.
Lack of investment in standard oil will of course cause a huge upside at some point in the future, get that right and you'll do very well.

[casino444] 27/7/2016 10:18

Share Up then profit taking , share down then up again , place your bets and spin that wheel

[pounddreamer] 27/7/2016 09:08

First foray into TLW - 2 lots at 195 and change.
They made a profit guys! In this environ its akin to a miracle - it WAS the first half of 2016 remember!!
With Hedges and the bond issue they are pretty much protected for next 18mths
All subject to POO of course but yes Celeritas I do believed poo will return to $100+ in 3 to 5 yrs and the longer the CapeX pain the more the gain

[dealer1972] 27/7/2016 09:05

The usual, 'sell on news' brigade. I expect some broker note upgrades on TLW. The financial headroom additionally gives me confidence versus the likes of PMO at present.

[zooshare] 27/7/2016 08:55

so why the selling?

[celeritas] 27/7/2016 08:51

The problem being hedges are running down with oil still very low. What happens when your entire production is at the mercy of $45 oil.
I agree at some point lack of investment will fire oil up but fracked oil will then come online to limit upside.
Ruling out some war of sorts in a high producing country does anyone seriously think oil will run towards $100 again for a long time.

[deanroberthunt] 27/7/2016 08:44

WHAT A BUYING OPP, PERSONALL FILLING MY BOOTS....

[mccracken227] 27/7/2016 08:43

Typical Tullow!!

[peterlowen] 27/7/2016 08:30

So what will happen to the 5% shorts? will they start to close before 10 comes on line....

[deanroberthunt] 27/7/2016 08:29

yup 2014 to end 2016 has just been about survival, those that can survive will stupid bad thru 2017 onwards

[shanig] 27/7/2016 08:26

The trillion $ reduction in capex will eventually lead to a significant increase in poo. TLW has today shown that it will be in a position to benefit significantly. Patience required.

[deanroberthunt] 27/7/2016 08:15

If you take out the mega cap Oilers, this is the best of the rest.....

[billy_buffin] 27/7/2016 08:07

Press comment shows approval especially re unexpected profit. Edit: hence jump in share price Edit: then down again!

[hearts1] 27/7/2016 07:39

Who are the 2 idiots?How many mid cap oilers are making a profit?TEN near which results in a lot of cash flow to help balance sheet.

[oilretire] 27/7/2016 07:38

Still 31k hedged at $65 in 2017 - also in that year production forecast up significantly & capex down significantly.....

[frontdoor bull] 27/7/2016 07:38

Looks great to me, very good results.

[admin900] 27/7/2016 07:25

Doesn't look good.

[emptyend] 27/7/2016 07:23

So.....post-tax H1 was $30mn, after including nearly $20 per barrel of revenue from hedges. What will it look like when those hedges run off?

[leoneobull] 27/7/2016 06:17

If there is a glut how come the US importing 1m more barrels a day than a year ago? And nobody wants WTI

[dealer1972] 26/7/2016 18:46

My guess is that it will be somewhere in between ;)140 is a bit of an ask though. 185 is possible if oil downturn continues or poor update tomorrow.

[hem007] 26/7/2016 18:21

Are we just throwing out numbers willy nilly??

[admin900] 26/7/2016 16:39

Huge dept and low oil prices tullow time is up 140p tomorrow.

[skhawaja] 26/7/2016 16:24

Tomorrow trend will be upward will go around 230 plus

[mr aboii] 26/7/2016 12:00

--- David Brent 26 Jul'16 - 10:53 - 27249
I think, it's both

[david brent] 26/7/2016 10:53

Is the drop related to tomorrows announcement or the oil price???