Enquest Share Discussion Threads

[stansmith3] 12/6/2019 17:02

gregus production up 2.2m this yearyou said it wasnt going to continue?any thoughts?

[deanroberthunt] 12/6/2019 09:55

yeah, I clarified that in my last post.

[gregpeck7] 12/6/2019 09:53

OK net zero, its not zero carbon though mate..... We will never ever be zero carbon.

You said UK will be "almost zero carbon"

IT WON'T

Like you brexit rants, learn the real message. Politicians always spin for the best headlines.. This is not huge news.

[deanroberthunt] 12/6/2019 09:45

net zero, is the term they use

[gregpeck7] 12/6/2019 09:39

Not zero carbon. Carbon neutral. Very different.

[deanroberthunt] 12/6/2019 09:35

UK to be almost zero carbon by 2050....

[gregpeck7] 12/6/2019 09:28

I think there is a problem perception wise around investing in "dinosaur" stocks - oil if being seen like this, but there is years to come. Even if every last effort was made by every government around the world to move away from fossil fuels it would take decades. Production would slacken, oil could well be in shortage and there will be a lot of money to be made, but the sector is out of fashion, and for investors thats a problem. I still see it as a safe haven in a lot of ways, inelsatic demand etc, but its not trendy anymore..

[deanroberthunt] 12/6/2019 09:20

is this the end of Oil equity markets, as the speed of transition to renewables is exponential.

[colebrooke] 12/6/2019 08:58

It's the CEO he's bought so much around 19p recently!Kraken heavy crude is in high demand at the moment. US refiners can't get enough medium and heavy grades.

[runner2018] 12/6/2019 08:48

you have to admit there is some unusual support at this level, previously enquest would be bouncing all over.

[runner2018] 12/6/2019 08:46

bad news all priced in now, too focused on dark side, time to buy.one bit of good news and poo will start heading into summer and this week will be long gone.

[leoneobull] 12/6/2019 05:59

Voted up Andy. To be fair, you've done some good trades on enq with limited share price movement. I was tempted at 23p to do same. But I assumed finally enq was breaking out. Sadly not yet! But nothing worse than selling out and seeing it sail to the high 20s or beyond

[andypop1] 11/6/2019 23:04

Stanley,
Is Greg another one who has been duped into thinking the shale bubble will burst and what they produce is unwanted?

OPEC tried to call them out and failed, shale oil is here for the foreseeable, a lot of the small and mid sized producers may go belly up but all that will do is open the door to the majors, who are already buying up acreage.
The majors produce, refine and sell the usable products so can afford to take a hit, if needed, at one point in their operation.
It's interesting the article posted on here about bankruptcy failed to include any company involved in upstream and was put together, in part, by an organisation with an interest in sustainable energy.

Let's not forget the US are pioneers of this relatively new process, how many less densely populated countries than the UK are sitting on fields of black gold?

If you read the latest OPEC report it is not just the US who is upping production, it is the rest of the world, the difference being they are producing convention oil.
So much for the talk of under investment.

Good luck in the morning, it will be good to see 18.85p tested and hold.

W TI not looking great in early Asian trading.

[andypop1] 11/6/2019 22:15

Leon,
It looks like the decorators haven't finished yet so still plenty of drying time for the Ayatollah to wait!
We all know good things come to those who wait.

[stansmith3] 11/6/2019 22:06

gregpeckAre you watching US production?Still rising....

[profitaker] 11/6/2019 16:38

Another 12 day offload:

[stansmith3] 11/6/2019 15:10

I wish I had his trading record since 23p

[leoneobull] 11/6/2019 12:29

Ayatollah Andy had better get in before the paint dries

[leoneobull] 11/6/2019 12:28

Poised for a breakout? Others falling, and remarkably stable

[richardbroughton] 11/6/2019 08:41

yep, recovery here dependent on 3 issues. POO and level and cost of production, we know the first and others a few times a year and past numbers at that. AB knows those numbers pretty much every day!

[s34icknote] 10/6/2019 17:11

Another director buy 417000 !Sicknote

[stansmith3] 10/6/2019 16:37

Pants, big cushing build. Numbers dont look good for this week despite promise of better usa exports. Poo currently falling out of bed.