Harbour Energy Share Discussion Threads

[stansmith3] 07/2/2019 17:10

please supply me a list of indebted oil cos that are rising against falling poo, going by your logic every basket case is being manipulated?pmo leveraged proxy on poopoo downpmo downwhat's the surprise?poo up pmo goes up?

[rbonnier] 07/2/2019 16:56

Beginning to wonder myself if Durrant should go this stock is truly awful to hold .I think his handling of the North sea situation is appalling and shows how weak he is as a ceo as he is destroying the pmo share price this should not be 70p

[nav_mike] 07/2/2019 16:39

Beginning to think PMO is uninvestible to the average PI - always someone with a vested interest in moving the shareprice to wherever they want it...usually lower

Struggled to get over 75 with Brent higher and the market flying, then smashed down at the earliest opportunity

[marunam2] 07/2/2019 16:05

Food for thought, Makes you wonder how much debt is flotaing around shale and how they are going ti repay it at these levels of poo ?

[steve73] 07/2/2019 15:43

welcome back..!

[onedb1] 07/2/2019 14:47

No worries . What I do find bizarre is the following

Brent Cash 62.6 as i type down 0.09%
UK FTSE 100 Cash 7144 down 0.11%
PMO down 4.99%
Average Brent price YTD ie from 1st Jan til now $60.66 ( front month future average)

See chart . We underperform Brent ? Whaaaaat ?

Part of the underperformance since Nov I understand Brent fell a lot, but I'd expect to see the same pattern using XLE/WTI ie US Energy Fund vs WTI . its not as pronounced ( the fall)see my charts .
Premier underperforms crude and the US Energy fund and as we know Nov was the date some knew of the Chevron assets, hence why for quite a while I argued PMO should be at 100p now with $62 Brent, the discount is all due to the speculative rumours.
Here in black and white
hxxp://www.tradingview.com/x/FnxktE4H/
hxxp://www.tradingview.com/x/5fjfdWqt/
hxxp://www.tradingview.com/x/zxyXqrSd/

We all await the day when those who post just for the sake of typing on their keyboards ..post some factual and visual examples of their thought process lol at the idea ... and/or justification for their view.

But hey today you have a couple of posts with mine.

[lbrokes] 07/2/2019 14:08

Thank you .

[rbonnier] 07/2/2019 12:55

Many Thanks onedb1 .

[onedb1] 07/2/2019 12:03

Took a look at portfolio , Shell , BP pretty flat yet PMO down 2.5% lol. What the hell this stock has a weird volatility profile . Too many small investors who correlate a 0.5% move in Crude to the stock price . Very weird .

[gkp_banggone] 07/2/2019 11:38

RNS - SOLD BY SCHEME OF ARRANGEMENTBefore 8:00am Tuesday 19th FebruaryðŸ'ŒYOU CAN TAKE THAT TO THE BANK 😊 AND YOU ARE VERY WELCOME ðŸ'–ðŸ'ŸðŸ–¤ðŸ–¤ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'–ðŸ'œThe more their proxy Citigroup /Pareto have bought in the higher holders profits at t/o:ðŸ'–ðŸ'–ðŸ'ŸðŸ'ŸPeel Hunt issued a recent note on the company.#Valuation and recommendation. Following the above tweaks to the production profile and capex, we revise our core NAV to 392p from 387p. We continue to conservatively include no value in our target price for the 239MMbbl gross 2C in Shaikan, worth 34-136p/sh risked-unrisked.Gulf Keystone Petroleum continues to stand out as one of our top sector picks and we reiterate Buy.#They are being super CONSERVATIVE 🌋ðŸ'‹!They use 58% WI when we now know it remains 80%.So their core valuation must be revised by this, 38% higher.The do not place any value on 2C, actually 330m at 80% WI, and even at a very modest $ 2.3 boe this adds further £2 plus.They are only using $3.4 boe for 2P when MOL report $8 and Shamaran higher.So low base-case in my assessment is 470m 2p, 330m 2C (which would in my be treated as effectively 2P when new FDP approved)Working on 800m 2P without adding any value for the MOL recently reported upside and using a stil very modest $10 boe provides $ 8bn asset resource value.This is still very modest in that a land based resource of this size would be strongly fought over by IOC.With 229 million shares, using dollar exchange of 1.29, £ 27 per share would be the minimum I would expect the company’s major owners to accept.It would not be a surprise to me if this number doubled.🎈 xxx

[onedb1] 07/2/2019 10:18

here you go RB ,

see my chart ( note its not a single stock trade for me but part of an Energy Portfolio so position size matters too and its volatility ranked ) I hold eg more BP and Shell than say PMO .

Above 76.15 breakout and bullish , below 66.8 bearish , we are in a tight range and looking for the breakout . Target should be good .

See chart
hxxp://www.tradingview.com/x/2AmJLXat/

[manics] 07/2/2019 07:51

Either way I wouldn't be positioning based on anything coming out of Goldman - as a consequence the TR1's are to be ignored, imo.

You can drive yourself crazy trying to find meaning in them as KaiSharp suggests.

[asa8] 06/2/2019 19:57

Get back to your homework mercer different opinions count see your started again you tool

[onedb1] 06/2/2019 18:55

Rbonnier if you look carefully they hold CFDs so the long cFd is probably a hedge . I owe you a chart can't remember if PMo , Enq , Rock other oillie . I'll put some here

[lodgeview] 06/2/2019 18:28

Short it down to 60pish.

[rbonnier] 06/2/2019 17:58

Goldman Sucks may be building a position on behalf of a client it could be a possible takeover as the shares are being held down allowing GS to build a substantial position for their client very cheaply imho .

[onedb1] 06/2/2019 17:33

Steve stock on loan has been way higher . It's not all a proxy for shorts either . Stock Lending desks have Premier Oil as it's a FTSE 250 stock and it's included in their funds . In order to gain more performance part of the stocks are used by SL desks to generate extra alpha as they charge fees if on loan . Also not all shorts are directional some are just natural hedges

[the guardian] 06/2/2019 17:22

emillio, re your link,

If you put a capital H in https, it won't change to hxxps in ADVFN.

[lageraemia] 06/2/2019 17:15

Lodge has POO'd his pants I suspected.

Add an extra barrel (of low API brown stuff) to those inventories y'all!