Harbour Energy Share Discussion Threads

[adg] 01/10/2018 08:47

There really are some utter pillocks in this world isn’t there....
Off you go and put your £100 in Lloyd’s or Vodafone or Yorkshire water .....
I’ll put my 6 figure sum profit into a helicopter or speedboat or sumfink.....

[s34icknote] 01/10/2018 08:46

And the oil price ! Sicknote

[s34icknote] 01/10/2018 08:46

Think you are two years behind the curve ! Sicknote

[s34icknote] 01/10/2018 08:45

Half year results !

[s34icknote] 01/10/2018 08:45

-- Profit after tax more than doubled to US$98.4 million (2017 1H: US$40.7 million) -- EBITDA of US$388.9 million (2017 1H: US$325.9 million), up 19 per cent -- Cash flows from operations of US$276.6 million (2017 1H: US$282.7 million) -- Opex of US$17.2/boe, 5 per cent below budget -- Net debt reduced to US$2.65 billion (2017: US$2.72 billion)

[arja] 01/10/2018 08:41

not sure why all this optimism as loss making company apart from small profit in 2016 . However , the chart looks good and I guess that is the main thing .

[s34icknote] 01/10/2018 08:29

Expecting 180p before Nov trading update .Roll on. End of year and January trading update ! This is what we have been waiting for .And premier has overtaken zoo which Makes my investment even better !!Well done all holding for the longer haul !Sicknote

[s34icknote] 01/10/2018 08:26

When the results come out the big boys and all will see premier is a well oiled cashpoint ! No overcheads selling at higher price per barrel !!!! If 10 dollars is 125 million pa dollars That's worth at least 750 million on market cap ! Sicknote

[deanroberthunt] 01/10/2018 08:14

could 2-3 bag in short order

[oilretire] 01/10/2018 08:13

It's been one of the most stable periods, if not the most........

[steve73] 01/10/2018 08:08

thanks bgw.. I'd missed that. (I only occasionally check LSE)

[bgwesley] 01/10/2018 07:50

Steve73 - This, courtesy of Plebleens on lse, Friday 16:34

"Stena Natalita due at Catcher, only 6-7 days after the Navion Oslo. That puts catcher rates at much higher than 60kbd.

Good week, closing on the highs. Golden cross on weekly MA was magic."

[adg] 01/10/2018 07:20

Every $10 = additional fcf after hedging of circa $125,000,000 PA
Premiers financial uncertainty is becoming less uncertain every single day

[steve73] 01/10/2018 04:02

Also, I was expecting a Catcher offload sometime around today, but none of the usual shuttles are heading that way...

But the Stena Natalita (who did our last offload on the 23rd) has just popped up heading towards Gdansk (where we've previously delivered Catcher oil to), and roughly from the direction of Catcher (although she says from R'dam).

If it did offload from the Cat (say yesterday), it suggests we've been producing at very close to 70kbopd.

With Brent pushing over $83 this morning I'm expecting a good rise for PMO on opening today.

[steve73] 01/10/2018 01:42

Sealion & Zama, plus Indonesia, looking well timed... if this is to be believed.

[excellance] 29/9/2018 11:52

PMO breakout, next stop 175p

On RKH bb they expect to follow, but the rise isn't to do with FI development.

Speaking of which, the consortium of banks arranging finance for sea lion may demand some "changes" before signing off the money...what kind of changes could they possibly want?

Initially I heard that the banks wanted oil over 80 and it's a done deal...is that all they want?

[seangwhite] 29/9/2018 00:55

Brent going up and PMO to break 140p.Looks like a good run to Xmas and Zama might be Santas gift. GLTA

[steve73] 28/9/2018 16:49

I've just rolled the Brent contract in the header to Dec since Nov is almost wrapped.

It'll be interesting to see where it ends up at NY close later.

GN all,

[s34icknote] 28/9/2018 16:43

Brent 83.5 dollars

[excellance] 28/9/2018 16:24

Officially a breakout now, next stop 175p

[steve73] 28/9/2018 16:07

OP increasing sharply PLUS GBP weakening against the $; both very bullish for GBP denominated oil co's.

[s34icknote] 28/9/2018 15:25

Going for 140 close now !Sicknote

[onedb1] 28/9/2018 15:08

140p close or new 52week high would be a bullish weekly close . As it stands it's all very bullish to me . No idea why some sell with Brent over the 80s lol. Madness . A stock making new 52 week highs is bullish in my book support levels of 130 and 135 is what I have but resistance now is far above . We close q3 with over $75 average ( front month future ) so q4 will open even higher . Q3 best so far since 2015 . Daily net income with break even at $50 is over $1.7m a day . All this is bullish to me and Brent at 75 delivers that daily income . Hence explained my bullishness both in TA and fundamentals . For dollar strength and Brent strength . And .. the big one ZAMA .

[markymar] 28/9/2018 14:38

Looks like we are off again with some intresting trades going through