Harbour Energy Share Discussion Threads

[lodgeview] 25/11/2018 22:24

I agree marky so why is the share price heading south?

[markymar] 25/11/2018 22:16

Can I just butt in here premier oil does not follow the oil price as its hedged already...what it does in short time up or down does not effect it!

[lodgeview] 25/11/2018 21:04

colebrook that is very interesting indeed.

[asa8] 25/11/2018 20:58

Does anyone know Premiers 250 position at the moment the last time it dropped out the price collapsed

[newswseller] 25/11/2018 20:44

Trust no one..

[marvinridesagain] 25/11/2018 19:41

Anything is possible with Jabber in charge

[chutes01] 25/11/2018 19:11

risk remains with pmo, banks will want their money and catcher is valuable, they may get forcibly wound up, if anything happens to catcher it's game over for shareholders.
be careful

[rbonnier] 25/11/2018 19:10

This could go up by at least 50% very quickly when the oil price bounces.

[marvinridesagain] 25/11/2018 18:53

Difficult to spin the wheel when the game is rigged

[dealer1972] 25/11/2018 18:52

Future share price movement will depend on what happens to the oil price. If you believe the oil price will drop to $30 to $40 a barrel then yes anything's possible re share price drop. If you believe Brent will soon be back in the $65 to $75 range then the share price is likely to quickly regain losses. Spin the wheel!!

[marvinridesagain] 25/11/2018 17:35

Regarding the increase in Yanke oil storage, reason, because no one is buying it.

The Arabs are alleged to have reduced shipments of heavy oil into USA and if further cuts are agreed next week, we should see an increase in Brent.

Lets just see how much of an hold Fart has on the Prince regarding that murder.

Have to say, if he was involved then he should be on trial; but alas, political murders are above the law if it brings wealth to the 1% elite.

[abbotslynn] 25/11/2018 17:17

Worth a look me thinks,given the assets.

[kaisharp] 25/11/2018 17:03

On fundamentals, I see zero reason why PMO is anywhere below 100p.
On the charts, we're getting close to the next support level, but every single support so far has fallen through which gives me zero confidence that this one will hold.
When neither the charts nor the fundamentals can help, how are you supposed to make a decision? I'm in half a mind to sell some now (late, I know) and re-buy should it continue to fall, but given that I'm already five figures in the red, I'd be shooting myself in the foot for the recovery if this where we bottom out.

[marvinridesagain] 25/11/2018 16:52

We all know PMO should be at a far higher price than it is now and debt should have been brought down better than expected but wasn't.

I asked the question weeks ago; were has all the money gone when Oil traded at $86, in effect debt reduction should have been higher. Scary times that now Oil has crashed and will the debt go up due to Jabba stupidity? As said, Jabba is very good at ghosting away revenues and needs to go before he destroys PMO assets like he does with revenues.

It truly is scary that no one has picked up on this apart from Jabbas insider shorting mates who were given the nod and increased shorts just before the results were out.

[montyhedge] 25/11/2018 16:31

Oil ETF leverage normally 3 times. I suppose reducing exposure has Trump wants oil as low as possible, to stop the Fed raising rates, the Arabs pumping at record levels to help Trump. Oil going lower.

[jelenko] 25/11/2018 11:35

Mexico want Zama producing a.s.a.p.

[asa8] 25/11/2018 10:55

That could be years away don’t they have to do a cpr report first

[deanroberthunt] 25/11/2018 10:01

What could they potentially get for Zama?

[fireplace22] 25/11/2018 09:27

hxxps://www.thetimes.co.uk/article/oil-giants-in-scrambe-for-the-north-sea-s66ltnxsl?shareToken=9f1811b6e31a815c16df3f63f508ed9d

[fireplace22] 25/11/2018 09:04

That's why the US stockpiles are forever increasing.

[dealer1972] 25/11/2018 08:50

Who's buying the oil? China stopped imports of shale and US can't refine it so?