Genel Energy Share Discussion Threads

[cyan] 10/8/2017 15:27

Malcy on the good POO numbers;

[cyan] 10/8/2017 15:19

Remember that number is GROSS, before al-sorts of costs and cuts.

GENL is closely following POO; Brent now $52.91.

Next big price mover, imo, will be gas negotiation news ; an update promised in H2 this year, so not too long to wait.

That could be a very big share price mover!

[panagos] 10/8/2017 14:36

cyan, when you post things like that you make me feel greedy and upgrade my £3.26 exit price.

[cyan] 10/8/2017 13:41

HI 2017 daily production by GENL 37,100 barrels.

That equals 13.5415 MILLION barrels in full a year.

Every dollar oil moves therefore equates to $13.5415 Million USD GROSS earnings per annum.

POO moving up makes a big difference.

Brent now $53.51

[cyan] 10/8/2017 13:29

Brent $53.47 wow!

[filterwest] 10/8/2017 12:41

the only way is up guys. I looked at the chart 2-3 years ago this was 11 quid. So 2 to 3 quid is achievable easily. GLA

[traidemark] 10/8/2017 12:31

Good performance so far on a bad day for the markets. What will it do on strong days.

[gregpeck7] 10/8/2017 11:33

Ftse100 down 80 which is probably not helping...

[cyan] 10/8/2017 10:09

Longer than a few months to get to 330, imo. Depends on the gas project terms. I could reasonably see us double in 12 months. A take-over will see that in a flash, I hope!

Our share price is oscillating with Brent price; now $52.91

[gregpeck7] 10/8/2017 09:39

Not long ago tullow went from 130 to 330 ish in a few months.. could we do similar now?!

[cyan] 10/8/2017 09:32

"Net working interest production in H1 2017 averaged 37,100 bopd"

Extract from our last update. Brent moving North really does impact our earnings.

Brent $53.00

[traidemark] 10/8/2017 09:30

The share price is breaking out from its recent high after some strong consolidation given the previous surge. Good to see the volume increase has maintained its levels through the consolidation. I would much prefer steady increases everyday but with such a small % of free float available I'm sure we will see some fast moves up s we did last weekGla. Imo dyor and all that.

[gregpeck7] 10/8/2017 09:26

All the macro indicators are pointing up now.. imo. Historically they have been down facing. Not a better investment in the market than genl at the moment..

[panagos] 10/8/2017 09:23

https://www.forbesmiddleeast.com/en/the-kurdish-economy-is-rebounding-after-three-years-of-instability

[traidemark] 10/8/2017 09:05

Chart looks more than positive. Nice and steady does it.

[gregpeck7] 10/8/2017 08:56

3rd time lucky to break 130 and hold..

[panagos] 10/8/2017 08:40

brent breakimg out $53.1 as we speak.GENL 145p by EOW?

[filterwest] 10/8/2017 08:39

The only is up. Oil is up too!

[gregpeck7] 10/8/2017 08:28

Brent through 53...

[cyan] 09/8/2017 21:43

Brent $52.72. Very good

[panagos] 09/8/2017 21:32

hxxp://oilprice.com/Latest-Energy-News/World-News/Iranian-Firm-Signs-Oil-Gas-Deal-with-Russian-And-Turkish-Companies.html

[traidemark] 09/8/2017 21:25

Carnage and mayhem over on the Ukog threads.

[filterwest] 09/8/2017 16:09

Oil is up today.

[traidemark] 09/8/2017 15:17

Well we won't be adding corbyn to that list. Scared to press the button apparently.