Diversified Energy Share Discussion Threads

[bulltradept] 22/2/2024 14:45

fordtin,

Who cares about the vol back last year? Seriously.

[neilyb675] 22/2/2024 14:33

reckon we need more volume charts on this thread..........simply not enough to wade through

[fordtin] 22/2/2024 14:13

700k was 14 million in old money, which is way above the average for Dec 18th 2022 to Dec 17th 2023.
188k (3.76 million in old money) is still significantly above that average.

[bulltradept] 22/2/2024 14:09

"Perception changes so quickly, today’s volume is already above the average daily volume for the 12 months prior to the US listing."

Don't think so: 188k vol atm, four days ago vol was over 700k, that's well over daily volume for this year from what I can see visually.

[schow] 22/2/2024 14:00

I will be grateful if someone can explain this return of capital announcements in simple language.https://www.londonstockexchange.com/news-article/DEC/return-of-capital-option-for-3q2023-dividend/16333625

[premium beeks] 22/2/2024 13:59

Buybacks I believe

[fordtin] 22/2/2024 13:58

Re “Not exactly high vol atm. BB's around £9.70 which, incidentally is gap open price.”

Perception changes so quickly, today’s volume is already above the average daily volume for the 12 months prior to the US listing.

By the way, what does "BB's around £9.70" mean?

[bulltradept] 22/2/2024 13:27

Fordtin,

"DEC's share price seems to be in a holding pattern waiting for America to wake up and decide which direction it goes in next."

Not exactly high vol atm. BB's around £9.70 which, incidentally is gap open price.

[this_is_me] 22/2/2024 13:23

I am not in the habit of watching the short tracker since most of my holdings are of small companies where it is not relevant.

[fordtin] 22/2/2024 12:52

DEC's share price seems to be in a holding pattern waiting for America to wake up and decide which direction it goes in next.

[pogue] 22/2/2024 12:31

This_is_me
you did not ask why the share has declined in the last 6 months you asked about the shorts which if you have watched have gone up and down as companies have increased and decreased their holdings or dont you watch the short tracker?

[1knocker] 22/2/2024 11:50

Agreed, early days. All the same, it feels good to see the price above my last buying price, even if it is the only one that it is above!

[premium beeks] 22/2/2024 11:50

Needs a meaningful break through 10 quid for the next leg.

[pogue] 22/2/2024 10:58

This_is_me
I assume you are new to share buying and selling so look at the link below. At 3.18% shorts DEC is just outside the top 10 shorted stocks in the UK.

[blue square] 22/2/2024 10:36

USA LNG plants in construction
and permitted to export,
Plaquemines
$21 billion investment
in construction
Golden Cross
$10 billion investment
in construction
Corpus Christi stage 3
$8 billion investment
in construction
Rio Grande
$12 billion investment
in construction
Port Arthur
$13 billion investment
in construction
Driftwood
$13.6 billion investment
in construction
Rest of the world natural gas
sells for 3-4 higher than US
natural gas,the gap will narrow
as these LNG plants come online

[fordtin] 22/2/2024 09:52

1knocker - DEC's production from thousands of wells should be more reliable than Cameco's production from a dozen or so mines.
Problems at just one of Cameco's biggest mines can have a huge impact on spot prices. I doubt temporary closure of DEC's most productive well would even get noticed.

[this_is_me] 22/2/2024 09:50

What evidencedo you have that there has been a huge amount of short sselling. I haven't found any.

[premium beeks] 22/2/2024 09:46

Let's not forget the environmental methan question that has been foremost on the shorters radar. A few twist and turns yet I reckon. Just not for this week

[2wild] 22/2/2024 09:41

Given the amount of hedging for the next 2 years, I was in little doubt that they would Need to cut before 2026 If at all.

[bulltradept] 22/2/2024 09:25

fordtin,

Point taken, we shall see in due course. We've already hit the outer bounds (S3/Out side of bb) first thing on low (UK) volume, so today's trading session is pivotal. (See what I did there).

[oneillshaun] 22/2/2024 09:23

Guys relax it's still only 49p this was training at 108p so still well over 50% down

[nigelpm] 22/2/2024 09:18

This was always going to be the problem for short positions.

Up against company buying shares and entitlement to large dividend just around the corner.

It didn't seem the most obvious short out there.

[fordtin] 22/2/2024 09:18

Is it really a gap, or was it filled by US trading yesterday?

[bulltradept] 22/2/2024 09:14

A gap has nicely opened up.

Which is both good for the bulls and bears.