Igas Energy Share Discussion Threads

[letsdothis] 20/12/2022 15:32

Mate it's a clear easy short they will play with this so Short it down to like 10p then easy ride back up

[raideradg2] 20/12/2022 13:18

Good ridance

[letsdothis] 19/12/2022 16:30

Royal flush before banquet I LOAD mega if I get 5-10p otherwise I wait I want big discount or nothing (Not saying will get that price but who knows :) happy to load up if we do as at these levels it's worth a good punt but at 5-10p I feel it's worth a BOAT

[letsdothis] 19/12/2022 14:55

Take a read my bro The Era Of Cheap Oil Has Come To An EndBy Irina Slav - Dec 18, 2022, 6:00 PM CSTIn its latest monthly report, OPEC revealed it had yet again failed to produce as much oil as it agreed to produce the last time it discussed output. And it wasn't by a few thousand barrels per day, either. The shortfall was some 1.8 million barrels daily, but more importantly, that sort of undershooting of its own target has become a regular thing for the cartel. Meanwhile, the United States federal government needs to buy some oil for its strategic petroleum reserve after releasing close to 200 million barrels from it this year as a way of countering fuel price inflation. Yet U.S. drillers are not in a rush to boost production. On the contrary, it seems production growth has lost its place among these companies' top priorities.Of course, there are also the sanctions against Russia, which many expect will hurt the country's oil production, and that may well happen, but it has not happened yet. In fact, the oil sanctions-in the form of a price cap on maritime exports and an embargo on exports to the EU-have had no effect on oil flows out of Russia. For now.Investment banks expect higher oil prices, despite a recent slump prompted by expectations of an economic slowdown pretty much across the globe. The expectations, now beginning to seep into trader circles, too, are largely based on China's reversal of its zero-Covid policy. But they also probably take into account the fact that oil remains an indispensable commodity. And the era of cheap oil may well be over for good.Related: U.S. Begins SPR Repurchase Program As Oil Prices Crash"We remain constructive on oil prices driven by recovering demand (China reopening, aviation recovering) amid constrained supply due to low levels of investment, risks to Russia supply, the end of SPR releases, and slowdown of U.S. shale," Morgan Stanley said this week in a note.Yet the situation may be a lot more serious with regard to supply, as noted in a recent market commentary by TortoiseEcoFin's President and Portfolio Manager, Matt Sallee."Global oil inventory is at the lowest level since 2004, the Department of Energy has released 200 million barrels of oil from the Strategic Petroleum Reserve this year, OPEC continues to struggle to produce at their stated quota and US producers are helping but can only do so much."This s a pretty succinct description of the global oil supply situation, but the picture is not one that would invoke positive emotions. It is one that is more likely to evoke concern, and with a good reason. Because there is little evidence that any of these trends will change meaningfully any time soon.OPEC, for example, has zero motivation to try and boost production, Sallee noted in follow-up comments for Oilprice. It would only do so if it knows oil will remain over $100 per barrel for a longer period of time, but there is no way to be confident about this right now.Then there are the purely physical constraints on OPEC production, as evidenced by the consistent failure of the group to hit its own-reduced-production targets. Most OPEC members have ambitious production growth plans, but they remain plans while actual production remains subdued for reasons such as natural depletion at mature fields and, ultimately, not enough investment.As Sallee notes, OPEC has not consistently produced more than 30 million bpd since 2015-2018 when it did so deliberately in a bid to destroy U.S. shale and, to a great extent, succeeded, temporarily. And that's because it neither wants to nor can it do so.Underinvestment is turning into a thing in U.S. shale as well, at least from the perspective of the White House. According to the Biden administration, all U.S. producers need to do is spend more on additional production. According to the U.S. producers themselves, the long-term outlook for oil demand is too uncertain about investing in more production.Then there is the issue of prime acreage, which several experts have been warning is running out. TortoiseEcoFin's Sallee is among them: "Best acreage has been drilled, the industry is struggling to attract labor and has limited sources of financing," he told Oilprice.According to him, U.S. oil production is unlikely to ever again record annual output increase rates of 1 million bpd or more, as it did in the recent past. A growth rate of 500,000 to 750,000 bpd is far more likely, he believes. And that's not good news for consumers because demand, although targeted by the energy transition camp, is not going down soon.The International Energy Agency, one of the most active members of the energy transition movement, in its latest Oil Market Report revised upwards its forecast for global oil demand next year because of an unexpected increase in consumption this year.Chances are this is a sustainable trend in the absence of viable alternatives to oil products. And this means that demand and supply will be in a precarious balance in the future, constantly on the brink of a shortage or even deep in a shortage, should Big Oil's pivot to low-carbon energy continue, as it requires they reduce their oil production to hit their net-zero goals. What all this means is that the era of cheap crude oil may well be over for good.

[bsg] 19/12/2022 13:51

They're probably spending all their profits on their new venture to keep them in a job when oil is over (if ever?). So I don't see this moving much for quite a while. IMO.

[letsdothis] 19/12/2022 09:04

Everyone run for the hills...I smell a gas leak

[stark industries] 18/12/2022 19:53

Oh Yes, They certainly will do a U-Turn
This is the time to BUY and hold out.....A nice Xmas bonus from J.P & Co.
Here's to an exciting X-mas week ahead....
Today you are buying stock at under 20p and the same funds selling bought at 80p plus
Solid company = Has to be the cheapest Mcap i've come across
imo...This will re rate towards 40-45p....
GL

[city1911] 18/12/2022 18:23

I would not be surprised if the government do another u-turn on fracking at some pointhttps://www.bloomberg.com/news/articles/2022-12-18/europe-s-1-trillion-energy-bill-only-marks-start-of-the-crisis?

[robizm] 15/12/2022 20:39

Fire how many different accounts do you have. So sad looking at old posts to help your argument. Seek help before it’s to late. It is so easy to get inside your head and there is so much room

[doom loop] 15/12/2022 19:34

The doom loop continues for Robizm.

Do you buy shares to lose money? All shares you have bought are either bankrupt, suspended or -90%.

Pretty you bought igas too at 100p

That post about Gazprom is funny, never seen a loser like on ADVFN. Please give up.




Evraz Group (Russian steel) - EVR

ROBIZM
2 Mar '22 - 13:42 - 1898 of 3436 0 0 0
Can’t buy with Halifax

ROBIZM - 02 Mar 2022 - 15:59:43 - 9715 of 18270 Polymetal International - POLY

That is fine in 5 years what about now

ROBIZM - 02 Mar 2022 - 11:48:16 - 1841 of 3437 Evraz Group (Russian steel) - EVR

Comedy me and a friend put £10k and £20k in Gazprom adr yesterday. Worth £100 and £200 at the moment.
ROBIZM - 02 Mar 2022 - 11:13:56 - 1782 of 3437 Evraz Group (Russian steel) - EVR

Average is. £1.20 what is happening
ROBIZM - 05 May 2022 - 13:23:48 - 11188 of 15975 ANGLE PLC - 2019 THREAD - LIQUID BIOPSY COMPANY - AGL

Coming back down £1.26 to buy

ROBIZM - 25 May 2022 - 09:33:30 - 911 of 2189 Morses Club Friends and Foes - MCL

I got 5k in case the price gets silly but for such a cautious company like Morse my confidence has been dented

[robizm] 15/12/2022 18:22

Firestorm the only idiot who argues with his other accounts. The library must be open late today because you are still posting.

What fool comes on a anonymous bulletin board posting he is well hung. Even if it was true who cares. What are you trying to do? Pick up guys online? Are you a male prostitute? I am sure ADVFN would not want that on this site.

[kirk 6] 15/12/2022 16:55

Got 500k off these beauties at 17.1 average now. Target 22p tomorrow Next week target 34p

[bekindnotblind] 15/12/2022 16:46

UK government must allow frack frack Times ticking away hurry along now Rush to the finish line once it happens good luck all Gas silly high prices Oil lovely high prices What's not to like wanted my 5p so still keeping dry powder for any dancing Good luck all

[sugar747] 15/12/2022 16:44

I see the old crew who were here from 14p-16p in January have been watching. I see some chasers from 53p are here too. LMAO

Just need Mister Orm to appear; he was always good with calculation. Mister Claw, you were at 25p-30p, right?


So BR's crew are buying again? He promised 120p last year, and we got 105p. Personally, I ran at 46p and got back again at 38p, which took off in the late 80s.

The tory scum got IGAS battered, they signed a 20-year LNG contract with the US, it's pay or takes the contract, at the highest price possible. You take the LNG from US, you still pay for it.

[blackbear] 15/12/2022 16:30

Going well nice, check out SENX cheaper than IGAS

[hooded claw] 15/12/2022 16:22

Just dipped toe in and bought at 19p ... could double from here after seller departing ... I did well on this earlier in the year :)

[ashkv] 15/12/2022 16:06

Wow 3.7% of total shares traded so far today - huge volume.