BG Group Share Discussion Threads

[philanderer] 17/10/2012 13:48

Added just a few more today.

[philanderer] 16/10/2012 15:58

Getting this share price moving is like trying to shift an elephant ;-)

[philanderer] 15/10/2012 22:52

NEW DELHI, OCT. 15:

BG Group believes that the recent sale of its majority stake in Gujarat Gas to Gujarat-Government controlled GSPC happened at a fair price. On whether BG sold Gujarat Gas cheap, Sami Iskander, Executive VP and MD, Africa, Central and. South Asia, BG Group said this was not the case.

BG's sale price of Rs 295 a share of Gujarat Gas was sharply lower than the Rs 400 or so the share was trading at when the auction process began last November. Commenting on this, Iskander said the stock market fluctuates in a big way. He said the company was in no rush to exit the business. He did not comment on whether BG Group plans to exit other city gas distribution businesses, such as Mahanagar Gas.

[philanderer] 15/10/2012 16:36

'Rising Asian Gas Demand May Alter Pricing'

...Natural gas players such as top liquefied natural gas exporter Qatargas, BG Group, France's GDF Suez and Japanese trading major Mitsui are offering more short-term contracts in a bid to retain market share.

[philanderer] 15/10/2012 15:49

US crude breaks below $90 a barrel: falling faster than Felix Baumgartner :-)

[philanderer] 15/10/2012 11:22

15th oct Credit Suisse 'neutral' tp 1450p

reiterates.

[stavros28] 12/10/2012 16:36

Value in the air !

[philanderer] 11/10/2012 16:44

Chartwise, 1347p is the number to break and hold above.

[philanderer] 11/10/2012 13:54

no prob :-)

here`s a couple more which usually update..

[flyfisher] 11/10/2012 13:28

thanks phil

[flyfisher] 11/10/2012 08:58

philanderer , may i ask where you find the broker comments .

[philanderer] 11/10/2012 08:31

11th oct Soc Gen buy tp 1650p

reiterates

[philanderer] 11/10/2012 08:31

11th oct Soc Gen buy tp 1650p

reiterates

[philanderer] 10/10/2012 16:07

Perhaps they want more than 10% ? ;-)

Tokyo (Platts)--10Oct2012

Tokyo Gas has denied media reports that the largest Japanese city gas supplier is in talks with UK-based BG Group to acquire a stake of less than 10% in its Queensland Curtis LNG project in eastern Australia, which is operated by its subsidiary QGC.

[philanderer] 10/10/2012 11:59

tenuous read across from Chevron according to Alphaville...

Chevron talking of 3Q earnings "substantially lower" than in 2Q

BE Due to lower volumes and FX losses in the upstream

PM Are they really?

PM Blimey

BE Though we have to note that's maintenance downtime and US hurricane impacts

BE Though we've got weak upstream and weak US pricing as well.

BE There's some price shift thing going on here that I can't get my head around.

BE Anyway, sector watcher says it's largely Chevron specific.

BE
* The volume trends are Chevron-specific (apart from Hurricane issues already factored into our BP nos), while CVX's international E&P business also had a strong FX gain in 2Q which will have fallen away in 3Q
(2) Chevron points to "sharply lower" downstream earnings q/q

* Although refining margins were strong in the quarter, this was offset by timing effects and a sharp fall in US marketing margins, particularly in the West Coast

* The Richmond (California) refinery was out for two months due to a fire (which will affect 4Q too)

* NB Chevron had a surprisingly strong 2Q in downstream (with its third highest ever quarterly profit)

* The company points to a combination of restructuring charges in Australia and lower disposals profits contributing to a substantial decline in non-US downstream

Bp PLC (BP.:LSE): Last: 434.81, down 2.79 (-0.64%), High: 436.42, Low: 432.00, Volume: 6.18m

Royal Dutch Shell PLC (RDSB:LSE): Last: 2,196, down 18.11 (-0.82%), High: 2,211, Low: 2,191, Volume: 618.09k

BG Group PLC (BG.:LSE): Last: 1,295, down 12 (-0.92%), High: 1,309, Low: 1,293, Volume: 835.99k

[philanderer] 10/10/2012 11:51

Morning Stavros.

Bought a few yesterday @ 1298p.... I`ll add again if it drops much further.

[stavros28] 10/10/2012 11:36

Hi Phil u on board now

[philanderer] 09/10/2012 16:17

The Biggest Threat To BG

'The company is staking its future on Brazil'

[philanderer] 09/10/2012 09:25

Came across this from last week:

Wednesday, 03 October 2012

BG Group plc (LON:BG) could see its share price break higher after ranging sideways since mid-May.

Analyst J Wong at Investors Intelligence notes that in doing so the BG Group stock has generated plenty of failed breakouts at the 1200-1300p area.

"But this picture may be changing as the stock is rallying to the top the short-term range at 1300p. A break ouf of the triangle pattern looms. Meanwhile, BG's relative strength is on the cusp of breaking the long-term downtrend," says Wong who advises on a taking a tactical long position on the stock at current levels.

[philanderer] 09/10/2012 08:47

Right, I`m finally back in sub 1300p - let`s see how it goes :-)

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UK's BG Group and BHP Billiton of Australia today signed a contract for exploring oil and gas in a Mumbai basin deepsea block that they had won in the 9th round of bidding under the New Exploration Licensing Policy (NELP).