Premier Oil Dividends - PMO

Premier Oil Dividends - PMO

Best deals to access real time data!
Level 2 Basic
Monthly Subscription
for only
Monthly Subscription
for only
UK/US Silver
Monthly Subscription
for only
VAT not included
Stock Name Stock Symbol Market Stock Type Stock ISIN Stock Description
Premier Oil Plc PMO London Ordinary Share GB00B43G0577 ORD 12.5P
  Price Change Price Change % Stock Price Last Trade
2.48 9.52% 28.54 16:35:25
Open Price Low Price High Price Close Price Previous Close
26.50 26.50 29.75 28.54 26.06
more quote information »
Industry Sector

Premier Oil PMO Dividends History

Announcement Date Type Currency Dividend Amount Period Start Period End Ex Date Record Date Payment Date Total Dividend Amount

Top Dividend Posts

stansmith3: pmo 120->11->26bit early to be gloating, no?bp up 5.5% today, pmo hardly worth the bother on that basisgive it rest, pmo has 400% to go to get to where it fell from or another 200% jusr to get to your ridiculous predictions...
andypop1: undervaluedassets - 25 Nov 2020 - 11:27:56 - 52332 of 53467 Premier - Charts and All - PMO The merger does indeed put backstop on the valuation here. (so as for doom mongers claiming it is going phutt ? I don't think so) And with the safety of the backstop, there is nothing to stop PMO charging should sentiment around all things oil continue to firm . You posted the above when the share price was 23.61p, so what stopped PMO charging given all things around oil continued to firm? Impunity, lol, good luck. Night.
pdosullivan: The RNS released today says that PMO shareholders will own 5% of the enlarged company post merger. The current PMO market cap is £210m so a £4.2bn implied Harbour equity value assuming rational markets (ahem). Net debt guided to be $3.2bn on completion so an EV of $9.1bn. Guidance (6 October RNS) is that the combined group will produce >250kboepd. That is close to $6bn a year of revenue. 2P reserves were 717m at end-2019. Let us assume 700m so EV/2P reserves values Harbour at c$13 a barrel for mostly low risk North Sea reserves and cashflows that are underpinned by deferred tax assets. Assuming my maths are right, to me that seems an undemanding price. How do others view PMO here please?
patience a virtue: Creditors meeting today and in a month time pmo will become Harbour. It is tiring to hear the constant scaremongering from the resident preacher. The 3 billion shares to be issued to the creditors have been known to the market for some time and pmo share price has stayed way above the 8.5p. With oil at $60s the key here is the future market cap of Harbour which will determine the value of the 5% for the current pmo holders.
stansmith3: uvayou are the one struggling to reconcile why pmo shares price has not matched brent since last mayits easy, ill try againpmo nearly went bust (still with me) they gave AWAY all their assets and debt in exchange for 5.45% of an enlarged entitywhy is that so difficult?had pmo NOT merged and someone managed to survive until today, yes the share price would be flyingbut it not and it wont.....for the reasons aboveif there was a sniff of truth in what you think, dont you think people would be buying....?pmo share price is behaving exactly as expected
csmwssk12hu: The Darkness. I believe in a thing called Can't explain all the feelings that you're making me feel. My heart's in overdrive, and you're behind the steering wheel. Touching 23, touching 22. Touching 24, God, you're touching 23. I believe in a thing called oil. Just look at the chart of PMO. There's a chance we could pump it now. We'll be rocking till the FTSE closes. I believe in a thing called oil. I wanna see you rise every minute, every hour, every day. You got me in a spin, but everything is a, okay! Touching 22, touching 23. Touching 24 cause you're touching 23. I believe in a thing called oil. Just look at the chart for PMO. There's a chance we could make it now. We'll be rocking even when the FTSE is down.. I believe in a thing called oil. Touching 22, touching 23, Touching 24, God, when you gonna touch 27. I believe in a thing called oil. Just look at the chart for PMO. There's a chance we could make it now. We'll be rocking till the FTSE closes. I believe in a thing called PMO.
patience a virtue: Andy, You must be stupid to think pmo share holders lose money, its volatility in the last few years has created many opportunities for people to make money. You sound very bitter against pmo and its holders but pmo will not be in admin as you so wanted, the backstop is in and with the oil at $60, the future is looking very good. As Mark said in his earlier post you do have a problem, a serious one.
csmwssk12hu: The squeeze has already started PMO has outperformed oil stocks by more than 5% for the last 3 sessions by more than 5% and it is doing it again today, once we have mopped up the excess at low level we will push forward swiftly, you have been informed imho dyor gla #tothemoon #pumppmo pump that oil Pmo
surfit: Hi Andy, I will admit, I am struggling to fully understand again my ignorance, so I apologise in advance "they are cashing in the creditor shares they now know they are 99% likely to get when the merger completes" 1. Is M and WB purchasing these shares from creditors, is this something that we would see traded daily? Or is this a more private trade? I have a struggle understanding if they are on loan or owned. All I am seeing, visible through RNS and Short tracker, is the potential tie with GS and M and WB I take it the warrants were issued by PMO, as another form of raising capital or was it as recompense. Was this issue the vehicle that enabled ARCM to escape their previous % (the greater part) of their previous high short. I see the logic you explain on the requirement of creditors to keep the share price high as you point out, they are getting a lot of share in recompense. And that amount must out weigh any % short that they loan that your main point? As you can see I am finding it difficult to follow the positive of having a short, despite your explanations...again it is down to my inability to grasp the details. This may be down to not being able to see the loans, warrants issued etc the a specific page or link that PMO have supplied (summary) that I can try and get my head round to it? This loan, credit, warrant, bond and share issue seems really complicated is this extent commonplace with or is it the structuring that has led to PMO's demise? Appreciate your patience. Learning all the time, I naively investedin PMO just on assets, production,PoO AND mistakenly not understanding the extent and structuring debt that TD built. It is my understanding that ARCM did not lend to PMO but bought and continued to aquire parts of debt later and in doing so continued to increase their short (which you have previously pointed out was only a small % of their acquired PMO loan/debt). Best rgds Sft
surfit: Hi Andy, thank you for the input. All good points. My thoughts: The decom aspect is a significant cash draw and with current oil prices those owning those asset are not building the decom funds they expected. Chryasor bought into the North Sea initially at a high (from Shell) and their original business model will, like all oil companies, be under pressure, although the conoco philips deal was IMO not bad as it increased its gas exposure. Note Cheveron and Exxon made big moves that way (LNG) early but MAYBE not due not to just enviromental but the asia proximity and demand. I do though think decom is getting more effcient, still in no way cheap but the vessel and rig costs have dropped significantly from the highs of 2013 The assets they hold are pretty standard unlike for example the Shell Brents and their unique Gravity Base Structures. I have been looking through to see what their plans are on those other than they bought from Conoco Philps (that they knew would need decommissioning). I have not been able to find information on any other dates on end of life of their current assets. What I do see is the likes of Everest, Lomand Amarda and Judy/Joanne etc etc as continuing as hub assets, this being by addtional field "add" through drilling programmes. This success as always continues to hinge on: The hydrocarbons or gas actually being there of course. It appears to be working "so far". Significant Tax credits and further assets many recent i.e Catcher..the PMO killer Solan, Tolmont (despite the PMO partial farm out) and then of course (true to PMO form of unlucky again) Zama and of course the fingers crossed do not hold your breath..Sealion. Success continues as ever in the OnG business to hinge on price of course. Just my opinion of course and hope that at 20p the great and the good have now built in the merger price. Irrespective of this new South African Covid strain and potential for panic or real world health and economic affects. Again thank you for your fincial /money markets prespective. I remain a hold but hope its not creating a picture of: Sitting in a dark room with eyes closed and fingers crossed. (-: Its essential to TRY and continually risk assess investments and PMO have as you have said got themselves here by thier own desperation or inabillity to secure the right credit back at the start of their asset purchase errors. How much was spent on Solan and Sea lion? Very best Sft
ADVFN Advertorial
Your Recent History
Premier Oi..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20210226 06:44:28