Genel Energy Share Discussion Threads

[cyan] 06/5/2021 10:21

A great AGM statement imo.

Production up; averaging 33,100 and exciting drills on Sarta to come. Present Sarta production constrained but soon to be upped with upgraded surface facilities.

Genel are owed a lot of money by the KRG and we have a decent high POO now which will assist in payment of the monies owed.

Net debt of $3 million ; just THREE MILLION! is tiny especially when you compare to others in the sector who are hugely debt ridden.

A great dividend confirmed with no reason to fear for future returns.

Nothing new written about our gigantic gas assets. Genel are very careful with the finances and it appears they expect the KRG to respond sensibly to proposals for gas exploitation; the ball remains in the KRG's court. The KRG have a relatively new oil minister and I remain hopeful that terms will be agreed.

[losses] 06/5/2021 09:21

True no info but all sounds good for £2 soon. Divi agreed.

[chopsy] 06/5/2021 08:28

Nothing about the gas deal at a quick glance...

[losses] 05/5/2021 10:21

Annual General Meeting: 6 May 2021Ex-dividend date: 13 May 2021Record Date: 14 May 2021Payment Date: 14 June 2021

[losses] 05/5/2021 10:12

Yes share price should be near 200

[cyan] 04/5/2021 11:47

Brent climbing to new recent highs. Will seriously assist our revenues. Our share price lagging rather.

[cyan] 30/4/2021 16:11

Yes, a good dividend soon.

I am hoping that the new minister will be keen to make progress towards development of our giant gas assets

You would think that the increase in revenues would be a big enough incentive.

In the meantime ; the high POO helps our numbers.

[losses] 30/4/2021 09:37

Same here ain't going anywhere.. another divi coming soon as well

[losses] 30/4/2021 09:37

Already in

[cyan] 29/4/2021 12:29

Good luck Sbb1x

The strength in POO should positively impact all volume producers. I am holding here after a significant recent addition to my holding.

[sbb1x] 29/4/2021 11:40

Swapped my genl holding for enquest what seems to have been a good move.Jefferies have just upgraded enquest from 21p to 28pCurrently 18.2p if anyone fancies it.

[cyan] 27/4/2021 10:43

This just flashed up on my screen;



Oil tanker explosion. Accident or...

Story being updated all the time; now its an attack boat was neutralised . Anything that upsets tanker traffic will impact POO , imo.

[soho2] 26/4/2021 17:05

I guess... payment will prob not happen until mid next month ?

[cyan] 26/4/2021 16:49

I am not unhappy. Lets see what tomorrow brings.

[soho2] 26/4/2021 16:38

It was too good to be true !!

[cyan] 21/4/2021 15:50

Hope I have got my timing right and today is the low.

[losses] 21/4/2021 13:40

Yup May correction is coming early

[officerdigby] 21/4/2021 11:53

What about the 259k buy yesterday?

[sbb1x] 20/4/2021 21:50

#API #CrudeCrude: 0.436MCushing: -1.286MGasoline: -1.617MDistillate: 0.655M

[soho2] 20/4/2021 16:35

Correction, they paid over the odds ...:)

[soho2] 20/4/2021 16:35

Could explain the drop ...although the market maybe heading for a correction?

[ammu12] 20/4/2021 16:02

Someone bought 250k shares...hmm

[sbb1x] 20/4/2021 15:56

OIL MARKET: Vitol, the world's top independent oil trader, sees a big demand surge in 2H 2021 and 2022. "We will need all eight cylinders to get through 2022," Vitol CEO Russell Hardy said. "We believe $70-$75 is an entirely sensible outcome for 3Q" | #OOTT More on @TheTerminal

[ammu12] 20/4/2021 10:31

It's not just genel. All oilies for some reason