Harbour Energy Share Discussion Threads

[ny boy] 05/8/2019 21:39

Summertime sell offs are not important, what happens are the big players and what the do after the kids have gone to school, September /October will be crucial months for equities!

[sbb1x] 05/8/2019 20:50

Lots of margin calls in the morning. Low 60s incoming

[catswhiskas] 05/8/2019 19:09

Will go well below 49P should oil plunge $20 -$30 a barrel .

[sbb1x] 05/8/2019 18:34

Forget to mention gas price going through the floor currently setting 52 week low lows daily.Let's see.

[gtaval1] 05/8/2019 18:31

Could PMO hit £1.25?1. Rising tensions in the gulf.2. Misplaced over-exhuberance re. Shale/electric cars3. Brexit4. Oil hedging in place5. 80,000 bpdHope that helps.CheersGta

[sbb1x] 05/8/2019 18:15

Could PMO hit 49p ?1.trade wars us- china2. Europe economy 3. Brexit 4. Oil prices.5. Gas at 52 week low and falling though the floor.Current price 70p..... thoughts

[whiskeyinthejar] 05/8/2019 16:02

Spudding Tolmount East is worth an RNS surely? 50% uplift in reserves being targeted IIRC.

[steve73] 05/8/2019 15:43

thanks polo,
I've added the link to the header if anyone wants to keep an eye on it..

There's a herd of other vessels currently servicing it at the moment... Like Piccadilly Circus out there...

[fitton] 05/8/2019 15:25

I wonder if the 4 oclock smash down is coming today. If so we could see $59 visited.

[polonium] 05/8/2019 12:08

ENSCO 123 in place at Tolmount.
hxxps://www.marinetraffic.com/en/ais/home/shipid:693159/zoom:14

[hsfinch] 05/8/2019 10:30

Teetering on the brink again. Shame as they've got some good assets.

[leoneobull] 05/8/2019 09:10

Pmo has a habit if hitting certain share price levels repeatedly. 69p is one, 78p is another. Lth know what I'm talking about.

[onjohn] 05/8/2019 06:59

Barclays 120p target

60pc upside

[beatley] 05/8/2019 06:48

Some reasonable points from Barclays in their note, but this really wasn't one of them."It also highlighted that Premier traded at deeper discounts to net asset value during the 2016 and 2017 debt refinancing processes."Utterly crazy to compare a refinancing carried out when you're in breach of covenants and at the mercy of your creditors, to one that will be carried out where net-debt will likely be less than 2xEBITDA.

[adg] 04/8/2019 20:26

How can PMO keep quiet about decommissioning liabilities you pillock!

[chutes01] 04/8/2019 19:41

poor performance on the back of a strong operational performance - huge debts continue to be a head wind
if anything upsets catcher - similar to kracken at enquest, cashflow falls off a cliff and the future of pmo is uncertain, likely to be a firesale of assets, zama etc.
huge decommissioning liabilities exist which pmo keep quiet about, be careful here.

[asa8] 04/8/2019 19:03

I see Barclays are at it now this share ain’t for private investors what with the times article how can you make money here while management let them get away with it.

[onjohn] 04/8/2019 08:51

Yawn u do so bore one

[ny boy] 04/8/2019 08:08

Bit of a set back, just as it was all starting a head of steam @ 84p +
Decided not to add any more, unless this breaks above 84p again, instead added to (STX) as a safe haven now they have fda approval.

[fireplace22] 04/8/2019 07:52

'inorganic solution' I think it means a disposal. Maybe some little hope for Solan:


'The Solan field also performed well averaging 4.0 kbopd (Premier 100 per cent) during the first half of the year. A new Solan production well (P3) is planned for spring 2020. Premier has reached agreement with Baker Hughes, a GE company, to align payment with milestone dates, reducing Premier's cash outlay prior to the completion of the well.'