Genel Energy Share Discussion Threads

[chopsy] 11/2/2021 13:50

Well the price goes up and down, but we seem to be in an uptrend since last April, which is good. We wait for transformational news, which could come at any time (e.g. Bina Bawi gas commercialisation deal). Corporate action could ensue, farmin, farmout, Horn of Africa, Morocco. Who was it on this BB who used to post "reasons to be cheerful", that was good, highlighting the fundamental plus points, the latest of which is strengthening oil price? Dividends get paid, cash position builds, net debt reduces. Life goes on. Cash cow comes to mind.

[cos1959] 11/2/2021 11:33

what's going on here?

[sbb1x] 11/2/2021 11:20

I can't get a live quote

[sbb1x] 10/2/2021 15:40

Lovely draw oil draw#GKP#PFC#EIA Report#Crude: -6,644#Cushing: -0,658#Distillate: -1,731#Gasoline: 4,259#Production: 100#brent #OOTT #Oil#oott

[losses] 08/2/2021 19:53

Very surprise we are still in the 160s! Definitely lagging with the market

[geckotheglorious] 05/2/2021 10:03

Yas

Market Cap
Genel £411m



GKP £308m


Share price movement might well be down to the difference in "market valuation"
as the gap is considerable....

[yaszq2001] 05/2/2021 09:01

Why is GKP higher and we're down on the day lol?

[losses] 02/2/2021 15:05

Surprised we went below 150!

[chopsy] 02/2/2021 14:37

Hello, hello??

[geckotheglorious] 29/1/2021 09:42

In some positive news on the virus front, a fourth Covid-19 vaccine could be approved for use in the UK within weeks as late-stage trials suggested it was 89% effective in preventing coronavirus.
The UK has secured 60 million doses of the Novavax jab – to be produced on Teesside – which is believed to offer protection against the new UK and South African variants. It was shown to be 89% effective at preventing coronavirus in participants in its phase 3 clinical trial in the UK, which involved more than 15,000 people aged between 18-84, of which 27% were older than 65, Novavax said.

The vaccine will now be assessed by the Medicines & Healthcare Products Regulatory Agency, UK Prime Minister Boris Johnson confirmed. The jab has shown around 60% effectiveness against the South African variant, which has been worrying scientists due to concerns vaccines may not work against it, but it offered 86% protection against the new UK strain.

[ammu12] 28/1/2021 23:28

UK phase three trials of the experimental Novavax #COVID19 vaccine have found it demonstrated 89.3% efficacy against the virus

[hangthedj] 28/1/2021 14:52

Payment for Taq Taq is expected in coming days following a reconciliation of 2020 costs. This payment will not be
announced separately.


Presume this means a deduction from normal Taq Taq payment but I'd be happy to be wrong.

[idriveajag] 28/1/2021 14:34

The Brent Crude price is holding up well which could make Genl interesting and there is a decent dividend which is welcome in these difficult times.

[chopsy] 25/1/2021 16:22

Roll on BB gas deal, I'm sure it's needed by all parties.

[chopsy] 25/1/2021 16:21

Let's hope 150 provides solid support.

[tygarreg] 20/1/2021 07:08

That's Brent price

[losses] 20/1/2021 07:04

Oil 56+ just now so looking good.. Heading towards 60s I reckon

[tygarreg] 20/1/2021 06:34

Wti is $53 today. Not averaged above $50 for some time now. Fingers crossed!

[losses] 19/1/2021 18:32

Profit takers.. shake em out and head for 200+ soon

[cos1959] 19/1/2021 16:41

poo good,update good,and give back all yesterdays gain?

[officerdigby] 19/1/2021 15:04

Really surprised it didn't go higher after confirmation of the unpaid receipts pay back plan

32kbopd

at oil $55 /barrel

0.5 in the dollar above $50 /barrel
= $2.5 per/barrel

Every month $2.5X32,000X30days = $2.4m extra every month.

OR $4.8m at oil $60 /barrel. For the ... $120 odd outstanding.

[losses] 19/1/2021 13:36

I think once the update and divi info digested we should be heading to 200+As long as oil stays this level... I'm hoping oil will be heading for 60+ soon

[chopsy] 19/1/2021 13:20

Losses, yes I think you are correct, this bit is about the gas

Bina Bawi (100% working interest and operator)
Discussions with the KRG are ongoing at the highest levels relating to our proposals submitted in August and December 2020, which would enable the Company to progress the next stage of activity