Diversified Energy Share Discussion Threads

[bountyhunter] 02/9/2024 16:31

>> currently at £8.90 , the yield is almost 10%

Since it was cut by 67% without the cut that would still be 30% as it was at the time of the cut. Also three shorts have reduced recently as I posted over the weekend. In fact that was only a few days ago on Thursday last week:

Bridgewater Associates LP 1.18% -0.04% 29 Aug 2024

Voleon Capital Management LP 1.09% -0.04% 29 Aug 2024

Walleye Capital LLC 0.69% -0.10% 29 Aug 2024

[stevensupertrader] 02/9/2024 15:24

Not long ago, dividend yield was almost 30% and then Rusty and the Board decided to cut the juicy dividend by 67% then to reflect a sustainable dividend payout of 29 US cents for each quarter mentioned by Rusty - many investors were unhappy at that time ( just the beginning of this year . Now as share price keeps on falling , dividend yield will soon back to 15% and then 20% - currently at £8.90 , the yield is almost 10% 😃

[stevensupertrader] 02/9/2024 14:53

There is a saying the Blind leading the Blind here . Since last week when Rusty and his Board embarked on huge BB - 14 times more than of the usual 3750 shares daily BB for months , share price just kept on sliding lower and lower !!!! Maybe big opportunity to make big money , for me this is a sign of a Big Blow Up

[lab305] 02/9/2024 14:35

Correct . The share price is disgraceful. The consolidation muddied the waters and gave them much further to fall. All that was for a much vaunted US listing which has done anything but help the share price When will you holders stop shooting the messenger and admit that some of the more critical posters on here have been right?

[oneillshaun] 02/9/2024 13:13

Old money 44p, this is an absolute shambles

[putinaire] 02/9/2024 10:01

They should take a break from selling around mid 870s to catch more gerbils but no assurances

See yall at the bottom end of the scale

[putinaire] 02/9/2024 09:58

Don't know how many of you have connections to funds in the city. But with 98.5% of them being as clueless as yourselves, its not really worth pondering anyway

[putinaire] 02/9/2024 09:55

Needless to say the reports will vary on this. I recommend aticking to the ones the makers work with lol

[putinaire] 02/9/2024 09:26

As mentioned before, look at that equity dumpimg into a natural gas perceived floor

Going to be a shocker when Gas collapses through it

[putinaire] 02/9/2024 07:57

Price of gas cant be relevant when it isn't to the controlling force here

You better hope 810s doesn't crack. That's going to be a new wave of shorting after adjustments from a retrace on it

[putinaire] 02/9/2024 07:49

How are you correlating the price of gas to DEC, being heavily targeted unlike others?

[johnhemming] 02/9/2024 07:47

@asp5 thank you for that. The rig count is the best indicator of forward production. At 95 it is really low historically. Also one would expect an increase in NG usage for electricity for AI calculations. This is likely to be material in terms of energy supply.

However, as it stands the spot price has been really low so far this year and still is low.

[asp5] 02/9/2024 07:06

A short Nat Gas summary from the recent Goehring & Rozencwajg Q2 2024 commentary:

- US Natural gas production is plummeting. Between December 2023 and May 2024, U.S. dry gas supply has contracted by ~5 billion cubic feet per day.

- It is expeced that the surplus (current US inventories vs the 5 year average) to be completely eroded by year end 2024.

- The next two years will witness the fastest growth of LNG export capacity in U.S. history.

- Gas for delivery in Europe remains ~$12 per mcf, while Asian LNG fetches ~$13.50 per mcf, compared with ~$2.00 in the U.S.

With US supply reducing and export demand increasing I do not expect prices to remain at these levels going foward.

I can fully understand why DEC want to buy as much gas production as possible now, while prices are low and producers are suffering. This will allow for an increasing FCF going forward due to the higher volume & as higher hedges are locked in.

As usual DYOR.

[johnhemming] 02/9/2024 06:13

I can see there is a relatively straight forward long/short strategy on the gas price. The gas price has gone down as the forward prices moved down towards spot.

On the other hand the rig count is quite low now (low as just after covid hit prices) and the forward prices going into winter look to be on the way up.

Also it is quite likely the US has a la nina weather pattern this winter.

[only 1 pinnochio] 01/9/2024 13:09

US funds dumped the same amount so they didn't want them back 😂

[bountyhunter] 01/9/2024 09:59

I can't quite match that Skinny ;-)

There are 18 hidden posts from your filtered users.

[bountyhunter] 01/9/2024 09:55

Bridgewater Associates LP 1.18% -0.04% 29 Aug 2024

Voleon Capital Management LP 1.09% -0.04% 29 Aug 2024

Walleye Capital LLC 0.69% -0.10% 29 Aug 2024

[bountyhunter] 01/9/2024 09:52

Three of the shorters reduced their short positions on 29-Aug-24

[putinaire] 31/8/2024 12:28

That's it now. I want this thread to be entertaining comedy again

Bulls

It's all yours

[putinaire] 31/8/2024 12:25

The thing is, none of our brains have to align in thought process

It's clear as fkn day on every chart for all

Unquestionable