Harbour Energy Share Discussion Threads

[marvinridesagain] 15/2/2019 13:31

Why is such anger centred against me? All I am doing is stating the obvious share price manipulation being made by Jabbas insider shorting sewer rats.

Share price is being kept low just before yet another comical rights issue.

This will yet again crucify the share price and enable a cheap sneaky take over by yet another one of jabbas puppet masters.

Resign Jabba, only then will this share price depression end. PMO should be at least £1 now!

[seangwhite] 15/2/2019 12:39

Very low volume on PMO today.Could make for an interesting day on the stats front news from over the pond.The UK has no news for the next few weeks except MPs popping up on TV to deny whatever the last one said 're the brexit comedy!!

[onedb1] 15/2/2019 11:31

The trouble in my view was highlighted in Shell's latest update which has replacement of reserves vs production down to 53% . In other words they need to discover more fields . BP had a good webcast yesterday ( Do sign up if in energy and oil ) showing an obvious issue with capex and oil demand . Shale in the US is also the main non OPEC growth factor . The big issue there though it's the wrong type of oil for their refineries

[seangwhite] 15/2/2019 11:04

sidelines!

[seangwhite] 15/2/2019 11:04

What could turn a few heads is when the announced NS auctions actually get doneHopefully PMO are on the airlines as we know how debt affects this share.Shale oil output is growing but their combined debt pile is not reducing very fast, spells trouble in time.

[onedb1] 15/2/2019 10:49

Good morning RB , bit quiet this morning so far . Candle yesterday was quite indicative of what usually happens at Premier's current resistance levels 76s. So far it hasn't retraced nor advanced but it's holding which previously it didn't . Few data points today . Rig count , CFTC reports , Consumer sentiment in US etc . I am happy with current Brent prices unhedged production is earning about $15/16 a barrel ( breakeven at $45 vs Ytd average just over $60) the Daily price vagaries are less important despite the attention we often pay them . ) as long as operationally we do well then this is another good year in the making . My attention is on long dated Brent contracts past 2020/21 as repeating good hedges will be great . Think Premier is undervalued so hopefully am right . Only 6p in the money so far . Nothing amazing so far . Not that I like brokers etc as I was critical of RBC on Enquest but their Pmo target is 140 .I still think it should be higher if generating about $42m a month in free cash flow this year . If annualised and hence repeated throughout the year that's over $500m to either reduce debt or expand capex . Add to that inevitable increases in 2P thanks to ZAMA . And resource diversification . Bullish for now

[adg] 15/2/2019 10:06

LONDON (Alliance News) - Oil major BP PLC on Thursday is expecting oil demand to continue to grow, with a demand for plastic products the main driver.

In its 2019 energy outlook to 2040, BP predicts demand for oil will grow in the first half of the outlook period before then flattening out, while BP expects coal consumption to remain broadly flat.

"Across all the scenarios considered in the outlook, significant levels of continued investment in new oil will be required to meet oil demand in 2040," said BP.

[moneybags] 15/2/2019 08:34

Brent is really trying it's best to keep up.

Regards , Moneybags



Moneybags 'Quote of the Day'.........This sure beats working for a living...!

[eodfire] 15/2/2019 07:55

Brent now 64.7. Hopefully a good rise here today. Glad I'm not short. Glah

[seangwhite] 15/2/2019 07:18

Be nice to have a good Zama update before the March update.

[manics] 15/2/2019 05:24

7 March 2019
Annual Results for the year ended December 2018

[steve73] 15/2/2019 05:22

Brent bouncing off $65 a couple of times overnight should be good here if it can break through and hold.

But please, can the shorters keep up your "good" work for a few more days while some extra funds clear for me. Perhaps let it go on Tuesday next. TIA.

[rbonnier] 14/2/2019 23:42

Many Thanks onedb1 your analysis is very helpful .

[onedb1] 14/2/2019 23:35

Looked good today across most but not all energy stocks . Another bullish looking day tomorrow bar any over night issues from Asia. As Brent cash in high $64s . If this opens well and confirms a breakout we should go back in the 80s or hit 80 even tomorrow Year to date Brent average keeps on rising so at least so far it's all good . Consumer Sentiment in the US reports tomorrow ( Uni of Michigan indicator ) Hopefully showing consumers still happy . I remain bullish Pmo ( and especially Value stocks US) , stop loss as per chart posted the other day target 100 at least near term . Much higher longer term if Brent average is $65-70 plus for the year . Early days .

[lexus880] 14/2/2019 21:26

He who laughs last, laughs best. You may laugh now, thinking you have won, but you may not prevail in the end.

[lexus880] 14/2/2019 21:24

time will tell

[stansmith3] 14/2/2019 20:54

leoneomore facts for the brexiters to denybrexit looking less likely every dayenjoy that one

[leoneobull] 14/2/2019 20:39

Brexit going wellhttps://www.thesun.co.uk/news/8423613/williamson-accused-of-trade-talks/China UK trade talks cancelled since UK accidentally mentioned China's growing militarism. After Gavin's pro Brexit UK can buy a few old ferries and turn them into military ships speech

[zoro9791] 14/2/2019 17:36

It has crashed from $85

[lodgeview] 14/2/2019 17:30

Oil price will crash IMO

[seangwhite] 14/2/2019 17:21

Any bets on whether Talos will have sidetrack results before their update due next month.Good news could help PMO move higher.