Harbour Energy Share Discussion Threads

[csmwssk12hu] 09/2/2021 00:23

Don’t listen to me

Listen to the professionals


Professionals think

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] 09/2/2021 00:21

Pumping oil 24/7 let’s go outside yes I’ve been bad honey won’t you do with me what you can you know I think about it all the time, I’d service my oil rig but I already have, you know you want it you got it I pump it 24/7, it’s the oil you need for your car

[csmwssk12hu] 09/2/2021 00:20

Don’t worry I’ll puyallup

[csmwssk12hu] 09/2/2021 00:19

It’s alright oils coming back and I don’t care where it’s been, it’s alright oils coming back and it’s going through the roof

[andypop1] 09/2/2021 00:18

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] 09/2/2021 00:17

What the professionals say
“We are going to see some incredible oil prices over the next couple of years, incredibly hot,” said Tawil.

[csmwssk12hu] 09/2/2021 00:16

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] 09/2/2021 00:15

Back over $60 a barrel now on sky news about oil going through 12 month highs, won’t be long before that’s converted to share price rises across sector imho dyor

[csmwssk12hu] 09/2/2021 00:15

We have already crossed 20 day moving average and have now crossed 50 and 100 day moving average, three very bullish signals for price, the 200 day moving average has flattened and just starting to show upturn in curve, the chase is on to cross that which would be around the 27p we hit in November imho dyor

[csmwssk12hu] 09/2/2021 00:14

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] 09/2/2021 00:13

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] 09/2/2021 00:13

Trend line has crossed 20,50,100 day moving averages, technical buy signals imho dyor

[csmwssk12hu] 09/2/2021 00:12

Professionals think
“Oil companies, for the first time in a long time, are likely to make a big comeback,” he said. “We have all the ingredients for an extraordinary bull market in oil for the next few years.

[andypop1] 09/2/2021 00:10

Sbb,
If it is the lunatic from the asylum formerly known as repairer I doubt he even knows how to short, he has been promoting EnQuest since 60p plus.
I completely agree with your second post.

[csmwssk12hu] 09/2/2021 00:09

Don’t listen to me listen to the professionals

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] 09/2/2021 00:08

250,000 barrels per day combined

[csmwssk12hu] 09/2/2021 00:06

Seems like yesterday we were doing ok then the merger was agreed that was dilution day, now we at 21p when it should be going for 63, some peeps don’t get it’s all priced in and are putting off others now that’s a sin, they trying to get in cheap that’s no mean feat, but we ain’t gonna let him cos we gonna buy em, every share we take, every single day, is 1p we make that we take from you, some body tell why are you shorting this stock right now, when you know it’s a cash cow

[csmwssk12hu] 09/2/2021 00:04

Listen to the professionals

Note what the professionals are saying it’s all about the backwardation

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

[sbb1x] 08/2/2021 23:58

The sooner this merger is done the better, then investors can decide if they wanna invest

[sbb1x] 08/2/2021 23:57

Some idiot called kraken posted this on twitter lolShort on Premier oil well your gonna feel some pain soon #reddit #RedditArmy #reddittraders #squeeze #shortsqueeze #ElonMusk #BigPumpSignal?HE also posted that enquest paying 325 million dollars for 10000bpd and 18 million reserves was excellent lol

[andypop1] 08/2/2021 23:50

Young marky,
If the question is flawed why should I answer it?
When did I say you would be ramping this?

'you didn't, I was extremely drunk last night so I misunderstood your post, you were referring to the clown csm, not me, sorry'

A couple of questions for you, do you condone the clown csm posting the same nonsense over and over again, basically spamming the board?

'i tolerate his posts because I am so far underwater I need Whites' submarine, it's not right but needs must'

And why have you not suggested he spends more quality time with his family rather than be on here morning, noon and night?

'because I am desperately trying to get myself out of a bad trade, I've tried lying about the bidding war for Zama, Charlie one having free flowing oil and many more things that I have blamed on my sauce Mr Heinz"

Good luck mate.

[andypop1] 08/2/2021 23:28

Young marky,
If the question is flawed why should I answer it?
When did I say you would be ramping this?

A couple of questions for you, do you condone the clown csm posting the same nonsense over and over again, basically spamming the board?

And why have you not suggested he spends more quality time with his family rather than be on here morning, noon and night?
Good luck mate.

[markymar] 08/2/2021 23:10

Again you dodge the answer to the question Where have I ramped today?

[csmwssk12hu] 08/2/2021 23:09

Marky the main man