Genel Energy Share Discussion Threads

[linton5] 29/9/2021 13:09

Some sort of news coming 🤔

[linton5] 29/9/2021 10:10

Lady G starting to wake up got rid off all the fluff last few weeks

[sbb1x] 28/9/2021 14:22

Much better volume today.... Good news coming ?

[teamgb] 28/9/2021 14:18

Well looks like trading volume has picked up a little and share price up slightly, maybe someone has let slip that we produce oil too.

[teamgb] 28/9/2021 13:22

I expect the same at QD. Sarta is the big one imo, especially given that every barrel produced is circa twice as profitable as those produced at taq taq. Lets hope its another peshkabir

[linton5] 28/9/2021 12:08

Chart looked the same as JOG till a week ago and many more lol (buckled wheel brigade 🔧

[nicebut] 28/9/2021 12:08

I quite expect QD to be a duster- Kind of Genel`s luck atm...Sarta will hopefully be ok. With any luck I'll be completely wrong...Topped up with a few more just below 131p earlier. Genel need a bit of luck and fair wind.

I'm quite sure the share price will dive on any negative news but rebound strongly...They`re making huge amounts of money every month with the licenses they have and with PoO touching $80, what's not to like?

[sbb1x] 28/9/2021 11:17

Bought a tiny amount back here yesterday,This will be the next CNE 125 - 195PFC 100 - 173NEXT 3 MONTHS PAYMENTS JULY OIL.. 33MAUG OIL.....33MSEPT OIL....33MTOTAL 100M $ / 73m pounds Nearly 27p per share.Fair value will come out here just waiting game IMO

[geckotheglorious] 28/9/2021 10:48

I'd rather buy the current Millwall of Oil companies at cheap prices than a frothy GKP(let me guess Gaisman, it's a takeover target,etc etc)

[gaisman] 28/9/2021 05:10

An interesting yield analysisGULF KEYSTONE ="A CASH COW WITHOUT COMPARISON".HTTPS://twitter.com/GoodnightCharl1/status/1437994189061599235?s=19

[gaisman] 28/9/2021 05:09

It means you should own #GKPIts the cheapest E and P listed in Europe, and best value on several metrics v peers

[kris akabusi] 27/9/2021 16:24

We truly are the Millwall of oil companies

[sbb1x] 27/9/2021 12:23

OIL MARKET: "I struggle to see anything but higher prices going forward in the next two years," Ben Luckock, co-head of oil trading at Trafigura said in an interview. "Deferred crude, particularly for December 2022 and 2023, is cheap." #OOTT https://t.co/46NNNw9mdw

[farrugia] 27/9/2021 11:58

what does this graph mean?

[cyan] 27/9/2021 10:49

$79 plus POO. Highest since October 2018. Volume producers like Genl are happy.

All we need now is some good news on the drills; QD news must be getting close.

[sbb1x] 27/9/2021 10:45

Bought a tiny amount. Mkt cap too low with revenue of 33m dollars per month.

[cyan] 24/9/2021 14:10

The yield is great so I think the dividend does underpin the SP, imo.

POO is so strong and every dollar it goes up is a millions dollars , gross, to the revenues every MONTH.

This years numbers should be rather good and lets hope for another increase in future dividends.

[markyp23] 24/9/2021 13:18

I have a reasonably big holding (for me) in GENL.

Cashflow is good.

Having PTSD re Qara Dagh, as I lost a ton of money in both Vast Exploration and NIKO resources in 2011/2 who drilled the first QD-1 well.

Suspect bad news at QD could have significant downside on the current share price but there is at least the dividend to limit the losses - surely the yield can't go much higher. Good news will probably have a muted response because the political risk remains very high. The barny they are having over the other PSCs is hardly helping things.

Holding still, thesis remains that the cashflow/divi are too good to overlook and everything else is in for free. Hopefully one well for an oilco I am holding comes up good one of these days.

[officerdigby] 24/9/2021 08:46

Sbx it's a feature of Kurdistan recently.GKP longest completion and test ever on S13 - a more shinning example.The new guy in MNR is too interfering. Not allowed to do this or that. Testing. Has to be to tank now which constrains and delays things.

[sporazene2] 24/9/2021 08:38

Sbb1x - hopefully testing both wells now..

[sbb1x] 24/9/2021 07:45

Must be the longest drills in history these 2.

[nicebut] 23/9/2021 16:21

There are lots of options, including Russians or whomever coming on board as partners in the PSC....It`s business- but they can't just take the PSC away.

[sporazene2] 23/9/2021 16:11

nicebut, the gas price is one of the reasons why I think the KRG are keen to take it from us and give to the Russians. Personally, I am fine with this I dont see the value of us pumping millions/billions into a project and have the KRG pay us when the feel like it. I'd much rather see us monetise what we have(including QD and Sarta) and use the cash to diversify. You have majors looking to divest producing assets right now to appease the woke brigade/tree huggers and with $70+ oil the economics are compelling.

[nicebut] 23/9/2021 15:45

You`d think that, with gas now worth c3 times what it was from just over year ago, they could sit down and come to an amicable, mutually agreeable arrangement to make it pay for both ( MNR & GENL) parties. Who is being greedy I wonder?