Tullow Oil Share Discussion Threads

[followtheleader] 30/1/2017 17:28

Your brave shorting Tullow as it always has potential for a bounce and I must admit to having been a recent purchaser

Next week sees BP and Shell reporting off a stronger oil price.

[doug stamper] 30/1/2017 15:43

New here. Short to 275/80 from last Thursdays new head. May take a few days.

Trumponomics!

[ifthecapfits] 27/1/2017 13:10

I see short are back up to 14% ish. Would love a great short squeeze.

[cricklewood] 27/1/2017 08:39

Whats going on, oil is up ?

[eipgam] 25/1/2017 16:09

Capital have sold 5m shares

[mccracken227] 25/1/2017 15:46

Oil up tlw down .... about right

[skhawaja] 25/1/2017 13:21

Is Barclays upgrade this stock?

[mariopeter] 25/1/2017 08:30

When we sell Kenya, we want $2b hard cash min plus a free carry on what can be kept.

[midasx] 24/1/2017 22:03

Tullow Oil plc 20% Potential Upside Indicated by Barclays Capital
Posted by: Amilia Stone 18th January 2017

Tullow Oil plc with EPIC/TICKER LON:TLW had its stock rating noted as ‘Retains’; with the recommendation being set at ‘OVERWEIGHT217; this morning by analysts at Barclays Capital. Tullow Oil plc are listed in the Oil & Gas sector within UK Main Market. Barclays Capital have set a target price of 375 GBX on its stock. This now indicates the analyst believes there is a possible upside of 20% from the opening price of 312.4 GBX. Over the last 30 and 90 trading days the company share price has increased 6.5 points and increased 29.3 points respectively.

Tullow Oil plc LON:TLW has a 50 day moving average of 306.05 GBX and the 200 Day Moving Average price is recorded at 260.41 GBX. The 1 year high stock price is 352.1 GBX while the year low share price is currently 116.26 GBX. There are currently 889,019,602 shares in issue with the average daily volume traded being 6,098,804. Market capitalisation for LON:TLW is £2,811,968,893 GBP.

[midasx] 24/1/2017 21:51

Oil Prices Edge Higher on Production Cut Confidence

[ifthecapfits] 24/1/2017 11:24

Topped up.

[simon8] 23/1/2017 19:58

That was a rather nasty note put out by HSBC, you do wonder about their motives; company has turned corner, oil price stabilising and ready to move up with OPEC cuts, derisked Uganda, insurance on jubilee/ ten producing and ready to storm ahead, plus a new oil fund in Kenya.
Odey and the other shorters must be absolutely loving HSBC analyst now, Christmas card list added to perhaps!

[leoneobull] 20/1/2017 12:04

Bought back in. Oversold

[mariopeter] 20/1/2017 08:39

rig count in Nrth America

[cricklewood] 20/1/2017 05:37

Oil Gains as U.S. Supplies Decline at U.S. Hub, Rise Elsewhere

→ Cushing, Oklahoma, stopckpiles fall 1.27 million barrels: EIA
→ OPEC cuts not necessarily a ‘bonanza’ for shale producers: IEA

Futures climbed 0.6 percent. Supplies at Cushing, Oklahoma, fell by 1.27 million barrels last week, the Energy Information Administration said. The agency reported that nationwide stockpiles rose 2.35 million barrels, while the industry-funded American Petroleum Institute said there was a 5.04 million-barrel decrease on Wednesday. OPEC output cuts won’t necessarily trigger a “bonanza” of U.S. shale supply, the International Energy Agency said...

[mariopeter] 19/1/2017 16:41

Sell Kenya and we 'll see about limited upside.

Trump does something stupid and sends the oil price shooting up....

Saudis make deeper cuts in supply if they don't get a higher oil price......

[frontdoor bull] 19/1/2017 14:13

They want it down for now its as simple as that, FFS.

[leoneobull] 19/1/2017 14:08

Ah. From lse2 postsTullow Oil tanks on HSBC downgradeUnable to post link. but here it is: Tullow Oil tanked on Thursday after HSBC downgraded the stock to 'hold' from 'buy' but lifted the target price to 320p from 270p, saying the shares offer "limited upside". The oil exploration and production company's shares have risen 19% since OPEC announced output cuts in late November and are up 147% in the last 12 months. The group should begin to deleverage this year after five years of rising debt with production ramping up and capital expenditure falling sharply, HSBC said. The farm-down of its Uganda Lake Albert assets to Total will lower capital expenditure while firming up the development timeline by putting control into a supermajor's hands - a "good strategic decision", according to HSBC. However, the bank warned that oil prices - arguably the biggest driver of the stock - have limited near-term upside compared to its estimate of $60 per barrel for Brent crude in 2017. "We don't expect operational catalysts (e.g. exploration) to be material enough, and believe the shares now look fully priced after their recent outperformance." The bank said it was also disappointed by Tullow's lowered production guidance on the TEN project in Ghana, due to pressure management issues and the inability to drill new wells until after a border dispute ruling later this year On 11 January, Tullow said production at the TEN field in 2017 is now expected to be 23% lower than had been previously forecast. Shares fell 3.27% to 301.90p at 1039 GMT.

[leoneobull] 19/1/2017 14:07

Why is it down today??

[mariopeter] 19/1/2017 13:51

Wonder what the proceeds are from Norway as bought for $300m+ and we hit oil twice there since.

Don't think we can keep all of Kenya and we need to have a couple of big ones in cash there.

South America is looking really good.

[phillis] 19/1/2017 12:43

added this morning
shame not too
TLW will prosper

[harry rags] 19/1/2017 07:07

More good news and good prospects - well done Tullow