Harbour Energy Share Discussion Threads

[jelenko] 26/4/2018 20:05

Prewar,
Yes I'm sure you are right. Tony has been saying since the first catcher offload that it is selling at a premium to Brent, so I deduce that is spot Brent. every little helps. I always felt that PMO over hedge but I am no expert.

[prewar] 26/4/2018 17:14

Jelenko, a lot of H1 will be hedged now, would be nice if via options rather than a fixed price but I think recent higher POO will have little impact on debt reduction in H1. Should be great for H2 and into 2019 though.

[marvin9] 26/4/2018 17:04

If Trump withdraws from the deal, the US would could reimpose hefty sanctions on Iran, who would in turn lose incentive to curb its nuclear program. Some experts think that could put up to 350,000 barrels of crude at risk.

On top of that, barrels from Saudi Arabia - the biggest oil producer - are also at risk as oil facilities in the country have reportedly come under attack.

Yemeni rebels say they have fired missiles and drones at the state-run oil company Aramco eight times since last month, according to the Wall Street Journal. Saudi Arabia says it was able to intercept all of those, sparing Aramco from any operational disruptions so far.

[jelenko] 26/4/2018 16:59

That was based on $65 brent, at $75 it has to make a difference.

[leoneobull] 26/4/2018 16:23

Not so sure how quickly deleverag will take place. In H1 pmo expects higher capex and not all that much debt paid off in H2 they expect much better fcf and debt reduction

[s34icknote] 26/4/2018 14:53

I get the feeling the sector is turning The mid caps present outstanding value and the oil price is back to normal !!!Roll on 2.00 !!! Over next six months Sicknote

[badger60] 26/4/2018 14:29

I reckon (hope) that Durrant has acquired (nicked) Mol's 20% of Catcher..........

[patience a virtue] 26/4/2018 14:22

You do get the feeling that money is pouring into the oil sector.

[jelenko] 26/4/2018 14:15

once it crosses £1 it's on for sure.

[badger60] 26/4/2018 14:15

Where's Marge??

[deanroberthunt] 26/4/2018 14:13

this could be £2 after the Catcher update

[prewar] 26/4/2018 14:11

Ooooh those pesky manipulators seem to be asleep at the wheel, where are the conspiracy theorists these days?

[steve73] 26/4/2018 14:10

nice kick at 14:00..

3 figure close anyone?

[deanroberthunt] 26/4/2018 14:00

massive de-leveraging underway, and the higher POO the faster it will happen....

[deanroberthunt] 26/4/2018 14:00

debt will be all but gone by 2022 imvho

[mirabeau] 26/4/2018 13:56

Don't forget the debt which eats into your equity..without that equity there's nowt of nowt

[s34icknote] 26/4/2018 13:54

Reminds me of Thomas cook22p to 90 p to 180 p !!Sicknote

[jelenko] 26/4/2018 13:53

Like shooting fish in a barrel back then. It will come again.

[deanroberthunt] 26/4/2018 13:43

how about Ashtead at 27p, that then went to £16....!!!

[s34icknote] 26/4/2018 13:38

Lots of 1000 sells ?Sicknote

[jelenko] 26/4/2018 13:37

Slight exaggeration there Deano. At the height of the credit crunch you could have bought BDEV for 15p and LGEN for 20p!! I remember buying Aviva at 135p,I should have bought the other two!!
Major mistake, I can see PMO at £6 in the future not sure when. I feel £2 on the cards this calendar year though.

[deanroberthunt] 26/4/2018 13:26

could easily 10 bag from here

[deanroberthunt] 26/4/2018 13:26

this opportunity here is equal to that presented at the worst of the credit crunch

[mirabeau] 26/4/2018 13:25

flying here