Harbour Energy Share Discussion Threads

[adg] 12/1/2018 18:02

With a continuing strong oil price, revenue could well top $2b for 2018!

[paulbiya] 12/1/2018 17:27

We were doing 82500 about a year ago, and guidance for 2018 is 85000. But catcher will transform the oil to gas ratio of the revenue which will make a difference to the bottom line

[adg] 12/1/2018 16:39

yes go figure exactly

not sure what you are on but its a bit odd what you are saying

seems you have a disconnect somewhere rogk

considering the past few years things could hardly be better or rosier

there is always one though

[begorrah88] 12/1/2018 16:16

14.21% on the over .5% declared shorts now

[bakedbean57] 12/1/2018 16:15

It also discounts so many other factors like the economies of scale in production we gain with Catcher and reducing ops by about $5 a barrel that's about a c$100m right there!

[adg] 12/1/2018 16:10

that's a base price hedged , if oil is above that they get the higher price - that's been gone over several times rogk

[bakedbean57] 12/1/2018 15:59

Heh that's an F then...

[adg] 12/1/2018 15:59

a $70 price is actually a 60% hike on the 2017 average !!!

[bakedbean57] 12/1/2018 15:31

Be a few shorters out there clinging to any bit of scaremongering tides a turning !

[carla1] 12/1/2018 15:29

Going blue...ALL ABOARD

[fitton] 12/1/2018 15:25

Personally I really can't believe that anyone is seriously thinking about the next convenant test.The company have just survived one of the biggest if not the biggest industry down turn in history.Take a look at whats happened in the last 2 years.

[bakedbean57] 12/1/2018 15:19

You noted the price of Brent lately ? Would welcome your maths as well then please?

[jelenko] 12/1/2018 15:18

What is the calculation for the covenant test?

[bakedbean57] 12/1/2018 15:08

If they don't convert they throw the spare cash at other senior debt...

[bakedbean57] 12/1/2018 14:28

Still be generating FcF of probably $300-500 million c per annum at anticipated levels with PoO at similar levels yer that pesky debt... FcF be available with PoO over c$45 barrel couldn't disagree more albeit new developments will need financing with the clever terms on Tolmount and Government financing for SL should be a ok...

[fitton] 12/1/2018 14:26

Rogk. You get the idea,at the beginning of January 2018 they gave a full year guidance figure based on current production targets.It would be very silly to give a guidance figure at the beginning of January for production targets with Catcher that they are expecting but have not yet acheived.I am sure you can work it out.No point in splitting hairs.My statement was a generalisation based on the fact that they will have more options with finacing with the extra production and free cash.

[gersemi] 12/1/2018 13:48

'they have lost'? What, like you would lose a pound coin down the back of your sofa?

PMO have a strategy in place ffs. jeez