Energean Share Discussion Threads

[drk1] 22/2/2023 10:13

With ex-divi date around the corner and recent newsflow, very surpised by this price movememnt. Anyone have any thoughts??

[aim999] 07/2/2023 07:18

Be nice to see the already good dividend increase

[simon gordon] 04/2/2023 21:32

JO Hambro Income Fund - 1/2/23:

...the addition of Energean, a gas producer in the Mediterranean. Energean is large, with a market cap of over £2bn, and more importantly, is under-researched and under-owned by UK institutions. The company has a strategic position in these Mediterranean markets where there is a shortage of gas, given their location. The main operations are on fixed price contracts, which creates visibility. The stock is on a PE of 3-4x with a dividend yield of 7-8% in 2023, which doubles in 2024.

[f56] 23/1/2023 17:30

Oil and gas could be held up by 2023 resupply requirements in Europe plus forward China reopening demand. I think oversupply might possibly become a significant problem in 2026.

[ntv] 19/1/2023 08:12

Looking good for the future but the market doesn't appear to like the results

[ntv] 04/1/2023 21:22

Very disappointing share price performance since I went for this one
See what happens when the next trading update comes out. A little worried here

[f56] 04/1/2023 18:37

I think 2026 is the time when LNG production is set to increase significantly in the US and Qatar. Not sure the markets are looking that far ahead?

[f56] 12/12/2022 19:46

Nobody thinks that US reserves will run out do they?

[f56] 09/12/2022 18:12

If oil price keeps falling the US will probably start looking at replenishing their reserves?

[f56] 09/12/2022 18:09

Also natural EU gas looks like it will be in structural demand in the medium term.

[ntv] 09/12/2022 14:00

I tried :-)

[nimbo1] 08/12/2022 15:49

feels cheap here.. .can someone please inform the market its gas and sold on long term contracts lol

[f56] 07/12/2022 18:31

Anything above 7% is of interest in an inflationary environment.

[f56] 07/12/2022 18:28

Saying that the dividend does look rather generous!

[f56] 05/12/2022 19:48

Not much of a response to the Russian oil crisis. Looks like ENOG needs to get its act together. lol!

[nimbo1] 05/12/2022 09:13

I've helped broker sizeable primary placings before back in the day... it would have been done at the 30 day vwap or something like that so the price about right. Market probably takes time to digest and hopefully price moves higher in due course. Im holding on anyway in my income portfolio.

[apollocreed1] 05/12/2022 04:38

I bought my first holding on Wednesday, and was surprised to see the big fall on Friday

[ntv] 03/12/2022 11:55

Standard Life was the seller by the looks of it

[nimbo1] 02/12/2022 14:48

I bought some to try and hold long term for the income and also the growth story - so a shame I bought in the days before this news but it happens...

[ntv] 02/12/2022 14:21

Many thanks for the info. I wondered what has happening
Pity I didn't know @ the open but really a longer term holder and not really trading them

[sspurt] 02/12/2022 13:40

Institutional sellers apparently

[sspurt] 02/12/2022 10:57

Placing of 5.5m shares today at 1365p. Not sure whose shares or if it is a primary placing