Centrica Share Discussion Threads

[waldron] 07/6/2021 06:43

European markets set for a lackluster open as U.S. inflation data dominates week ahead

Published Mon, Jun 7 20211:20 AM EDTUpdated 14 Min Ago

Holly Ellyatt
@HollyEllyatt


Key Points

European markets look set to start the week on a negative note and are set to open flat-to-lower on Monday.

London’s FTSE is expected to open 2 points lower at 7,065, Germany’s DAX down 39 points at 15,653, France’s CAC 40 down 13 points at 6,500 and Italy’s FTSE MIB 1 point lower at 25,520, according to IG.

[waldron] 07/6/2021 06:39

European markets set for a lackluster open as U.S. inflation data dominates week ahead

Published Mon, Jun 7 20211:20 AM EDTUpdated 14 Min Ago

Holly Ellyatt
@HollyEllyatt


Key Points

European markets look set to start the week on a negative note and are set to open flat-to-lower on Monday.

London’s FTSE is expected to open 2 points lower at 7,065, Germany’s DAX down 39 points at 15,653, France’s CAC 40 down 13 points at 6,500 and Italy’s FTSE MIB 1 point lower at 25,520, according to IG.

[action] 04/6/2021 21:56

Just trade the range. Sometimes on daily basis.

[glenngladssilver] 04/6/2021 18:58

Unfortunately Ant, you have sent it the wrong way today. It's back down to 53. Since 27 January 2021, just over 4 months, the lowest closing price is 51.44 and the highest closing price 58.04. It's really been struggling to get past 55 for the last month. There is no sign this will hit the broker target in the near term, if at all. The negatives outweigh the positives at the moment and I can't see this changing. I therefore agree with norma_noog. It's sometimes better to take a loss and recover it elsewhere.

[ant_eater] 04/6/2021 16:44

POOR LITTLE ANT...FOR YOUR SAKE I WILL SEND IT BACK UP TO 150...

[micos] 04/6/2021 14:44

I need double that to get even.

[ant_eater] 04/6/2021 13:34

QUICK MOVE YOUR CAPITAL...........70P SOON.............BUY BUY BUY

[norma_noog] 04/6/2021 10:33

Excellent and informative post from disc0dave45. IMO this will trade between 50 and 60 for some considerable time. It is probably best to move your capital elsewhere as it makes no sense leaving it here. I have decided to sell up today and take a small profit (bought at 51). GLA.

[glenngladssilver] 04/6/2021 10:27

Not surprised this is still struggling to get past 55.

[disc0dave45] 04/6/2021 10:17

Hurricane results were dire the other day, massive fund raise required to keep operations going.The Spirit 50% JV for the greater Warwick and Lincoln fields looks to be winding up also:'As a result of this funding uncertainty and the early stage of appraisal, there is currently no reasonable expectation that the Lincoln and Warwick Crest discoveries could generate any meaningful near-term cash realisation. The GWA JV partners will continue to evaluate and consider all options for the licence going forward.'

[sarkasm] 04/6/2021 10:08

Offshore Technology

News
Spirit Energy and Neptune partner to develop UK offshore gas discovery
04 May 2021 (Last Updated May 4th, 2021 16:50)

Spirit Energy has agreed to partner with Neptune Energy to develop the Pegasus West gas discovery in the UK southern North Sea.
Spirit Energy and Neptune partner to develop UK offshore gas discovery
The Cygnus installation at Greater Cygnus Area offshore UK. Credit: Spirit Energy Limited.

Spirit Energy has agreed to partner with Neptune Energy to develop the Pegasus West gas discovery in the UK southern North Sea.

Neptune Energy has acquired Spirit Energy’s 38.75% equity interest in the Pegasus West discovery and surrounding acreage including P1724, P1727, P4257 and P2128.

Spirit Energy holds the remaining 61.25% stake and serves as operator.

Neptune Energy UK managing director Alexandra Thomas said: “The alignment of interests with Spirit Energy in the Pegasus West development offers material benefits of faster development, lower costs and lower carbon intensities as well as optimisation of production operations through our existing world-class gas production asset, Cygnus.

“Cygnus is strategically important for domestic gas supply to the UK, and has one of the lowest carbon intensities on the UKCS, at less than 2kg per boe.”

Neptune Energy said the parties intend to develop the Pegasus West discovery as a subsea tieback to the existing Cygnus field, which is operated by Neptune Energy with a 38.75% stake.

Spirit Energy owns the remaining 61.25% stake in the Cygnus field.

As per the agreement, the Cygnus field will become the host platform for the Pegasus development. It is subject to UK Oil and Gas Authority (OGA) approval.

Neptune expects the Pegasus West development to open up development opportunities for other possible gas resources in the Greater Cygnus Area.

Neptune said it will now work with Spirit Energy on front end engineering and design (FEED) studies on the Pegasus West discovery with a plan to reach a final investment decision by the end of this year.

Spirit Energy estimates the Pegasus West field to hold 83 billion cubic feet of recoverable gas.

[sarkasm] 04/6/2021 10:06

Offshore Technology

News
Spirit Energy and Neptune partner to develop UK offshore gas discovery
04 May 2021 (Last Updated May 4th, 2021 16:50)

Spirit Energy has agreed to partner with Neptune Energy to develop the Pegasus West gas discovery in the UK southern North Sea.

Spirit Energy and Neptune partner to develop UK offshore gas discovery
The Cygnus installation at Greater Cygnus Area offshore UK. Credit: Spirit Energy Limited.

Spirit Energy has agreed to partner with Neptune Energy to develop the Pegasus West gas discovery in the UK southern North Sea.

Neptune Energy has acquired Spirit Energy’s 38.75% equity interest in the Pegasus West discovery and surrounding acreage including P1724, P1727, P4257 and P2128.

Spirit Energy holds the remaining 61.25% stake and serves as operator.

Neptune Energy UK managing director Alexandra Thomas said: “The alignment of interests with Spirit Energy in the Pegasus West development offers material benefits of faster development, lower costs and lower carbon intensities as well as optimisation of production operations through our existing world-class gas production asset, Cygnus.

“Cygnus is strategically important for domestic gas supply to the UK, and has one of the lowest carbon intensities on the UKCS, at less than 2kg per boe.”

Neptune Energy said the parties intend to develop the Pegasus West discovery as a subsea tieback to the existing Cygnus field, which is operated by Neptune Energy with a 38.75% stake.

Spirit Energy owns the remaining 61.25% stake in the Cygnus field.

As per the agreement, the Cygnus field will become the host platform for the Pegasus development. It is subject to UK Oil and Gas Authority (OGA) approval.

Neptune expects the Pegasus West development to open up development opportunities for other possible gas resources in the Greater Cygnus Area.

Neptune said it will now work with Spirit Energy on front end engineering and design (FEED) studies on the Pegasus West discovery with a plan to reach a final investment decision by the end of this year.

Spirit Energy estimates the Pegasus West field to hold 83 billion cubic feet of recoverable gas.

[disc0dave45] 04/6/2021 09:29

'The Group's investments in Spirit Energy and Nuclear were not judged to be assets held for sale at 31 December 2020 because, at that date, their disposal was not considered highly probable within the next year.'

[bookbroker] 04/6/2021 07:52

Spirit will be sold, and with a decent exit price. Oil will be here forever, despite what eco-warriors say. There are that many by-products in almost every industry that crude is essential for, it will here be longer than the world population exists. And the price will continue rising for as long as globalisation continues.

[waldron] 04/6/2021 07:44

European markets set to open lower ahead of U.S. jobs report

Published Fri, Jun 4 20211:20 AM EDT

Holly Ellyatt
@HollyEllyatt

Key Points

The market, focused on the link between inflation pressures and the reopening of U.S. businesses, is on tenterhooks before the release of the jobs report Friday.
It could show an additional 671,000 nonfarm payrolls in May, compared to the 266,000 jobs that were added the month before, according to economists polled by Dow Jones.

LONDON — European stocks are expected to open lower Friday as investors look ahead to a key U.S. jobs report later in the session.

London’s FTSE is seen opening 20 points lower at 7,050, Germany’s DAX is seen 35 points lower at 15,618, France’s CAC 40 down 21 points at 6,497 and Italy’s FTSE MIB 39 points lower at 25,390, according to IG.

[waldron] 04/6/2021 07:42

European markets set to open lower ahead of U.S. jobs report

Published Fri, Jun 4 20211:20 AM EDT

Holly Ellyatt
@HollyEllyatt

Key Points

The market, focused on the link between inflation pressures and the reopening of U.S. businesses, is on tenterhooks before the release of the jobs report Friday.
It could show an additional 671,000 nonfarm payrolls in May, compared to the 266,000 jobs that were added the month before, according to economists polled by Dow Jones.

LONDON — European stocks are expected to open lower Friday as investors look ahead to a key U.S. jobs report later in the session.

London’s FTSE is seen opening 20 points lower at 7,050, Germany’s DAX is seen 35 points lower at 15,618, France’s CAC 40 down 21 points at 6,497 and Italy’s FTSE MIB 39 points lower at 25,390, according to IG.

[stretford1964] 03/6/2021 18:56

cleverinvester invited me over here(on the Saga BB)to review the CNA share price. Here are my findings. CNA closing share price 4 Jan 2021 46p. Closing share price today 54p (+17%). SAGA closing share price 4 Jan 2021 £2.30. Closing share price today £3.92 (+70%), plus it's up over 200% since last October. Need I say more. Clearly notsoclever called Saga incorrectly.

[gaffer73] 03/6/2021 10:01

500m net debt. Total debt is still approximately 2b.

[waldron] 03/6/2021 07:22

European markets head for positive open following upbeat trade in Asia-Pacific

Published Thu, Jun 3 20212:08 AM EDT

Holly Ellyatt
@HollyEllyatt


Key Points

European stocks are expected to open moderately higher on Thursday with markets set to follow an upbeat tone set in Asia-Pacific overnight.

London’s FTSE is seen opening 12 points higher at 7,109, Germany’s DAX is seen 21 points higher at 15,607, France’s CAC 40 up 4 points at 6,520 and Italy’s FTSE MIB 11 points higher at 25,350, according to IG.

[waldron] 03/6/2021 07:20

European markets head for positive open following upbeat trade in Asia-Pacific

Published Thu, Jun 3 20212:08 AM EDT

Holly Ellyatt
@HollyEllyatt


Key Points

European stocks are expected to open moderately higher on Thursday with markets set to follow an upbeat tone set in Asia-Pacific overnight.

London’s FTSE is seen opening 12 points higher at 7,109, Germany’s DAX is seen 21 points higher at 15,607, France’s CAC 40 up 4 points at 6,520 and Italy’s FTSE MIB 11 points higher at 25,350, according to IG.