Harbour Energy Share Discussion Threads

[csmwssk12hu] 08/2/2021 22:37

But hey Marky I would be suprised if an American would be posting on here, I mean why would they, especially if they had no position unless say they were bored after 37 years of marriage maybe?

[andypop1] 08/2/2021 22:36

The New Ordinary Shares will be issued credited and fully paid with a nominal value of 0.0001 pence. When admitted to trading, the New Ordinary Shares will be registered with ISIN GB00BLGYGY88. The New Ordinary Shares will trade under ticker symbol “HBR”. Immediately following Admission, assuming that the maximum number of Creditor Shares are issued and allotted, it is expected that Premier will have 18,510,653,520 fully paid Ordinary Shares in issue (none of which will be held in Treasury). If Admission occurs, it will result in the issue and allotment of 14,253,203,210 Consideration Shares and up to 3,331,917,634 Creditor Shares. Existing Shareholders will suffer an immediate dilution as a result of Admission,

[csmwssk12hu] 08/2/2021 22:35

Apparently that’s a federal offence

[csmwssk12hu] 08/2/2021 22:34

Insurance salesman, physician, bank employee

[csmwssk12hu] 08/2/2021 22:33

Marky

It is all too common: an insurance salesperson who comes to your home after you attend a free seminar or a bank employee recommends that you cash out some or all of your stocks, bonds, or mutual funds and purchase an annuity. In doing so, they have broken the law and may not even be aware of it.

The Investment Advisers Act of 1940 is a United States federal law that was created to regulate the actions of those giving investment advice for compensation as means to protect the public.

[csmwssk12hu] 08/2/2021 22:30

Hey Marky

Anyone offering you investment advice should be licensed with the SEC or state regulator as an investment advisor representative.

[andypop1] 08/2/2021 22:26

Stanley,
I think you described this new character as a fruitcake, it's not like you to be so polite!
Good luck.

[csmwssk12hu] 08/2/2021 22:26

Don’t listen to me listen to the professionals

What the professionals say

U.S. shale production will not quickly rebound, given the capital required and debt producers are carrying, lending oil prices support, said Rafi Tahmazian, senior portfolio manager at Calgary-based Canoe Financial LP.

North America’s oilfield services sector, which producers rely on to drill new wells, has been decimated, he said.

“They’re decapitated from being able to grow,” Tahmazian said. “The supply side is broken

[stansmith3] 08/2/2021 22:24

andythey are beyond hopebetween the three of the nutjobs, not one of them has stopped and thought what the mkt cap would rise to if the share price goes to 60 (csm) or 100(whites/onedb)and then compare that with a major,,,

[andypop1] 08/2/2021 22:22

The New Ordinary Shares will be issued credited and fully paid with a nominal value of 0.0001 pence. When admitted to trading, the New Ordinary Shares will be registered with ISIN GB00BLGYGY88. The New Ordinary Shares will trade under ticker symbol “HBR”. Immediately following Admission, assuming that the maximum number of Creditor Shares are issued and allotted, it is expected that Premier will have 18,510,653,520 fully paid Ordinary Shares in issue (none of which will be held in Treasury). If Admission occurs, it will result in the issue and allotment of 14,253,203,210 Consideration Shares and up to 3,331,917,634 Creditor Shares. Existing Shareholders will suffer an immediate dilution as a result of Admission,

[csmwssk12hu] 08/2/2021 22:20

The signs are there, the press putting out the idea that oil is the place to be, it is right now because in a week
Or two they are going to say we told you so, just after they have finished off loading some crypto currency imho dyor

[csmwssk12hu] 08/2/2021 22:20

The Big boys will be buying up oil stocks on the qt just enough so they barely move, then they will go hell for leather at it, at that point the herd will jump on and push it higher, while the hard boards the gravy train the big boys will be getting off, best policy get in the train before it leaves the station imho dyor

[csmwssk12hu] 08/2/2021 22:19

Oil hits 60.72 per barrel

[csmwssk12hu] 08/2/2021 22:18

Don’t listen to me

Listen to the professionals

Note what the professionals are saying

From Dow Jones News Wires by Joe Wallace
A booming rally in oil markets has pushed crude prices to their highest levels since near the start of the coronavirus pandemic, powered by production curbs and recovering demand.

Brent-crude futures, the benchmark in energy markets, have risen more than 50% since the end of October and are approaching $60 a barrel for the first time since Covid-19 began to erode oil demand in early 2020. Futures for West Texas Intermediate -- or WTI, the main grade of U.S. crude -- last week surpassed $55 a barrel for the first time in over a year.

The speed of the recovery has surprised some investors and analysts, given that coronavirus continues to curtail demand. It has juiced shares of companies including Exxon Mobil Corp. and ConocoPhillips after a troubled 2020 for oil-and-gas producers, making energy stocks the best performers on the S&P 500 this year.

"The market definitely has some momentum," said John Kilduff, partner at Again Capital LLC, a hedge fund that invests in energy derivatives. "WTI is going to be targeting $60, too."

Oil is rising against a mixed economic backdrop, with data published Friday suggesting that the labor market faces a long road to recovery. But the stock market continues to power higher, in part because investors expect a new dose of fiscal stimulus and vaccines to goose growth.

American drivers are already paying more thanks to the rally in crude. Nationally, gasoline prices have climbed to an average of $2.46 a gallon from $2.12 at the start of November, according to GasBuddy, which tracks retail fuel prices.

Gasoline prices are likely to keep climbing. Crude's recent advance will take two to four weeks to translate into higher prices at the pump, said Patrick De Haan, GasBuddy's head of petroleum analysis, though he doesn't expect to see gasoline hit $3 a gallon on average any time soon.

Behind oil's rally: Huge stockpiles that accumulated in the early stages of the pandemic have winnowed down faster than many people expected. Traders say that could pave the way for further price gains if demand, which has already recovered in China and India, picks up in developed economies.

The fall in inventories is largely down to efforts by the Organization of the Petroleum Exporting Countries and its allies, led by Russia, to restrain production. Since agreeing to the cuts at the peak of the crisis in energy markets in April, producers have held back a cumulative 2.1 billion barrels of oil, OPEC said last week.

U.S. companies have also helped to prevent production from swamping demand. Global appetite for oil remains below pre-pandemic levels despite a pickup in consumption of gasoline, naphtha and fuel oil, which is used to heat homes and power ships.

American producers are pumping 17% less crude than they did on the eve of the pandemic, according to the Energy Information Administration.

All this has pulled the amount of crude oil and petroleum products stored around the world down by about 5% since its peak in 2020, according to Morgan Stanley analyst Martijn Rats.

There is no shortage of oil, but one sign the market is tightening stems from the relationship between current and future prices. Spot prices have climbed to a premium over prices for crude to be delivered down the line, showing that traders are willing to pay more for immediate access to oil.

On Friday, WTI contracts for oil that will be delivered next month cost $5.16 more per barrel than contracts for crude that will change hands in March 2022. That is the biggest premium for front-month futures since the start of the pandemic and contrasts with a historically large discount last April, when a glut of oil pushed WTI prices below zero.

"It is a bullish indicator," said Scott Shelton, an energy analyst and broker at United ICAP. "I don't think there's any question about that."

Analysts say this dynamic -- known as backwardation -- has been exaggerated by a slowdown in purchases of long-dated energy contracts by airlines and other companies that buy them to hedge fuel prices.

Still, some investors say the condition shows the rally has further to run. It gives traders an incentive to take oil out of storage, because they earn more from selling it straight away. That in turn would bolster prices by whittling down supplies. Lower forward prices also make it harder for producers to lock in profits for barrels they will sell in the future, encouraging them to keep oil in the ground.

Backwardation could encourage more money managers to bet on crude, said Mark Hume, co-manager of BlackRock's BGF World Energy fund. When spot barrels of oil fetch a premium, funds earn a profit when futures approach expiration and they flip their position forward into cheaper later-dated contracts

[andypop1] 08/2/2021 22:14

Young marky,
Thanks for confirming your double standards and that you back your brother's desperate attempt to get the pair of you out of the mess you have got yourselves in by spamming the board morning, noon and night.
You could adopt one of mine and Stanley's phrases but change the name to Barry.
I'll catch you tomorrow mate, up to 3.3b creditor shares, that number dwarfs what current holders own!
Night.

[csmwssk12hu] 08/2/2021 22:07

Oil hits new high 60.70 per barrel

[csmwssk12hu] 08/2/2021 22:07

Why listen to me

Listen to what the professionals are saying

By the summer, the vaccine should be widely provided and just in time for summer travel and I think things are going to go gangbusters,” said David D. Tawil, co-founder at New York-based event-driven hedge fund, Maglan Capital, and interim CEO of Centaurus Energy.

[csmwssk12hu] 08/2/2021 22:06

What the professionals are saying

Global oil benchmark Brent has jumped 59% since early November when news of successful vaccines emerged, after COVID-19 travel curbs and lockdowns last year hammered fuel demand and collapsed oil prices. Last week it hit pre-pandemic levels close to $60 a barrel

[csmwssk12hu] 08/2/2021 22:05

What the professionals are saying

The view is a reversal for hedge funds, which shorted the oil sector in the lead-up to global shutdowns, landing energy focused hedge funds gains of 26.8% in 2020, according to data from eVestment. By virtue of their fast-moving strategies, hedge funds are quick to spot new trends.

[csmwssk12hu] 08/2/2021 22:04

What the professionals are saying

Such limitations on supply would push prices to multi-year highs and keep them there for two years or more, several hedge funds said

[csmwssk12hu] 08/2/2021 22:03

What the professionals say

From cnbc
Hedge funds are turning bullish on oil once again, betting the pandemic and investors’ environmental focus has severely damaged companies’ ability to ramp up production

[csmwssk12hu] 08/2/2021 22:01

What the professionals say

U.S. shale production will not quickly rebound, given the capital required and debt producers are carrying, lending oil prices support, said Rafi Tahmazian, senior portfolio manager at Calgary-based Canoe Financial LP.

North America’s oilfield services sector, which producers rely on to drill new wells, has been decimated, he said.

“They’re decapitated from being able to grow,” Tahmazian said. “The supply side is broken

[andypop1] 08/2/2021 22:01

The New Ordinary Shares will be issued credited and fully paid with a nominal value of 0.0001 pence. When admitted to trading, the New Ordinary Shares will be registered with ISIN GB00BLGYGY88. The New Ordinary Shares will trade under ticker symbol “HBR”. Immediately following Admission, assuming that the maximum number of Creditor Shares are issued and allotted, it is expected that Premier will have 18,510,653,520 fully paid Ordinary Shares in issue (none of which will be held in Treasury). If Admission occurs, it will result in the issue and allotment of 14,253,203,210 Consideration Shares and up to 3,331,917,634 Creditor Shares. Existing Shareholders will suffer an immediate dilution as a result of Admission, following which they will hold:

[csmwssk12hu] 08/2/2021 22:00

The view is a reversal for hedge funds, which shorted the oil sector in the lead-up to global shutdowns, landing energy focused hedge funds gains of 26.8% in 2020, according to data from eVestment. By virtue of their fast-moving strategies, hedge funds are quick to spot new trends.