Harbour Energy Share Discussion Threads

[jelenko] 21/2/2019 15:33

Tullow down as well. Patience is a virtue!

[onedb1] 21/2/2019 15:10

you are right plunger. Low volume hardly indicative of price at the moment . When volume starts to rise it will give us a sense of the real direction this wants to take.
Weird with Brent at $67 as factually the firm is very cash positive , so its all down to sentiment IMO . MACD weekly crosses suggest a bullish outlook , they are usually slow indicators but fairly accurate .

[plunger2] 21/2/2019 14:58

Volume falling off a cliff today.
Have the institutions been made insiders to something?

[osirisra] 21/2/2019 09:25

Well that's a heartening opening hour or so. POO coming off the top a tad, PMO following with a drop from 76 to 75 but then a bounce straight back through 76 to a high above last night's close. Mean time POO still coming off a little. PMO's share price usually tracks south on any excuse. Could 75 be the new floor?

[onedb1] 21/2/2019 08:29

Went to $86 for 1 minute lol like London touched 34 degrees last July ..the average for Brent in 2018 was $71.... the achieved for PMO was lower due to lower hedged production prices , etc . But yes , school of Abbott & Marvin says $86 Brent lol Gosh makes you wonder . I hope you are not serious and just taking the biscuit .

[marvinridesagain] 21/2/2019 08:14

Rampers soon forget that Jabbas boasts of reducing debt was made when Oil was trading around $50 $60.

Oil went to $86 and still Jabba only managed to meet his boasted reduction in debt figures.

In short if Oil had not reached $86 PMO would have gone further into the red.

So where has all the money gone?

[onedb1] 20/2/2019 22:54

I agree NAV_Mike , I was saying 100p for quite some time, its just that that level 100-104 was resistance then support in the past and close to 200sma ( Tullow has regained it , Cairn is about to, etc , we know that PMO on fundamentals is in better position today that it was last year. So can't see why we should trade so far off the 200sma , other than rumours which have had a terrible impact on share price
For those quoting Valeon do note they have always been there they just move 0,49 to 0,5 so come on and off the FCA report regularly
Brent still in backwardation which is usually a bullish sign with Dec20s at $64.4 ! We need those to go as high as possible so PMO team can hedge for 2020 again at good values Should that Dec20 go to $70 and more I bet PMO will hedge all over .
Year to date brent average is now $61.6

[5trelok] 20/2/2019 20:23

And the last pullback was minimal, I forgot to add.

[5trelok] 20/2/2019 20:23

Goldman have been shorting but their direct share holding is now down to 370000 - they had to borrow 600000 to dump on the market the other day. I think we'll be rid of them shortly.

[seangwhite] 20/2/2019 19:00

A deal on Chevron NS assets with Apollo providing bulk of funding and PMO operation and use of tax credits might make sense for all parties.

[seangwhite] 20/2/2019 18:52

A buy with Appollo providing the bulk of the finance and PMO to operate and utilize tax credits might work very well for all concerned.

[lageraemia] 20/2/2019 18:42

I'd be disappointed if the didn't looks at some of the producing assets on sale.

With four billion in tax credits and Brent over $65 and rising........

[yasharsad] 20/2/2019 18:25

Tlw has a couple of bullish results must importantly being in profit. And divs. Hence, better price action.

[stansmith3] 20/2/2019 17:12

if anyone is repeating the same old script its youbeing held backmanipulationwe are worth more blah blahalmost as bad as onedb and we would be 100p without rumours...pmo will rise when the mkt is good and ready, stop your greeting

[stansmith3] 20/2/2019 17:09

whiskeyfinally a pmo or enq holder who doesnt think the share price is being held backhow quicky the people reccing it or replying to it, change their tune

[the guardian] 20/2/2019 17:03

Sorry, missed the date. The EIA report isn't out until tomorrow. Fed was shut on Monday. So it's sure to knock poo back down with increasing USA oil inventories. It doesn't seem to matter what happens to inventories in the rest of the world.

[titasiinitramho] 20/2/2019 17:01

Google is your friend. Try it, its not hard.

[titasiinitramho] 20/2/2019 16:59

Still 3/10 ?

[prewar] 20/2/2019 16:54

Thanks, xoxo

[titasiinitramho] 20/2/2019 16:51

Yes. Dont you know how to search for yourself?