Harbour Energy Share Discussion Threads

[bakedbean57] 14/2/2018 09:10

That would be any cost base scenario where dollar isn't the denominator...

[begorrah88] 14/2/2018 09:09

You are right there

With that in mind and all the gathering 'doom' media about oil now hitting the headlines it might be near the bottom and time to move it up again

[nav_mike] 14/2/2018 08:58

One things for sure, every time Goldman Sachs say oil is gonna soar to $80, or plunge to $20, then trade the opposite way lol

[american idiot] 14/2/2018 08:53

Yeah, could well to people talking their own position to furthur exasperate current sentiment.

Back to watching and waiting to see how things play out over the next few weeks.

[begorrah88] 14/2/2018 08:45

I think it is the usual 'grand old duke of York' noise with Oil.

Everyone charges in one direction then about face and all race in the other and the accompanying news reflects that agenda

IEA are always saying POO is going down. Usually citing massive shale as the reason

I think we are just in that pre-determined down walk until they all load up and reverse the trend.

No idea when that will be though

[american idiot] 14/2/2018 08:45

More depressing reading...

[american idiot] 14/2/2018 08:40

Beg, I hate to be the bearer of bad news but as Shale production is on the increase again then the POO will fall furthur and we know what that means for the share price

I'd even go as far as to say all bets are off on PMO and other oilers right now.

Just an open invitation to short these type of stocks.

[leoneobull] 14/2/2018 08:38

Hi prewar. Good to see you posting. How far do you think seasonality is at play with the weekly api and eia figures?

[begorrah88] 14/2/2018 08:07

Hello!

FX boy is back! You're on the wrong thread

FFS!

I notice the invitation to todays 'bounce party' was quickly withdrawn by the MM's

[prewar] 14/2/2018 06:56

Bean re 35805, what fx exposure are they hedging? What currency are they trying to fix costs and revenues in?

[bakedbean57] 13/2/2018 23:16

Still making positive FcF with oil price at this level and with reasonable additional hedging to last trading update (if they had sense) be just fine for a period, wouldn't be surprised if fx isn't hedged at a reasonable level as well. Politics might play a bigger picture in Sealion than the 800m in finance package cost to government and Zama a world class find, Catcher ramping up nicely, Eon portfolio worked out well, Tolmount steady away and asset disposals! so why the hell have we been slapped this hard... Financial vehicle fixed until early 2020's those thinking they will get a fair price in he long run I don't believe we will anymore this will get taken out and wouldn't be surprised at a below par valuation if this last 18+ months anything to go by !

[marvin9] 13/2/2018 21:47

The frustration is being mugged off on a daily basis with a corrupt poker game being played by Jabba and his insider mates.

Simples!

YEP! Best way forward is if OPEC stopped playing Yanky doodle games and pumped the market with mega cheap oil! $20 a barrel.

That would cripple US oil FOR EVER!

[paulbiya] 13/2/2018 21:14

Yeah that is why I got out LOL.

[markymar] 13/2/2018 20:58

Still posting your dribble Marvin...you have far to much time on your hands posting on here all day and nightIn the mean time PMO and it's puppets making millions every day bringing this debt down which in time will be reflected in the share price.

[marvin9] 13/2/2018 20:40

No chance of that! To many thick rope a dope lemming investors who cant see the wood for the trees.

[asa8] 13/2/2018 20:35

Shorts up shareholders pants down what’s going on here is absolutely criminal Durrants head should be on a plate

[marvin9] 13/2/2018 20:31

Not being funny but the Phone lines at PMO SHOULD BE RED HOT WITH QUESTIONS ASKING WHY THE CRASH. THIS TIME DONT TAKE THE SAME PATHETIC EXCUSES FROM THE CRAZY INSIDER GANG.

[gunsofmarscapone] 13/2/2018 17:43

This situation is both severe and toxic, the opportunity to launch a rights issue has very possibly been squandered (and/or insufficient interest) , mind you unstacking of shale rigs was always going to accelerate at the critical inlexion point of circa 65$ bbl.

How at all, if ever, will UKFI clear an £800,000,000 export finance package without clearly and legally ringfencing those funds in order that they are safe from company creditors in the event of insolvency? I have no doubt that HM government are relatively switched on however the Carrilion debacle is omniscient. I have a former colleague who went on to UKFI from our company, quite switched on but somewhat ‘interesting’ as a university student.....

This situation becoming very very complex and all non HWNI type investors ought to be very very careful in their decision making.

[leoneobull] 13/2/2018 17:28

We are all getting hit for six