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Share Name Share Symbol Market Type Share ISIN Share Description
Sterling Energy Plc LSE:SEY London Ordinary Share GB00B4X3Q493 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.20 -1.65% 11.95 11.40 12.50 11.40 11.40 11.40 24,301 16:35:01
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -1.2 -0.5 - 26

Sterling Energy Share Discussion Threads

Showing 33051 to 33072 of 33075 messages
Chat Pages: 1323  1322  1321  1320  1319  1318  1317  1316  1315  1314  1313  1312  Older
DateSubjectAuthorDiscuss
12/11/2020
20:15
On a smaller scale maybe. But I don't buy the idea that will be anywhere near enough to maintain the oil prices where they have been over the last decade.Cash
cashandcard
12/11/2020
18:02
it will mean that oil products that cant be substituted will become more expensive, and will underpin the oil price
excellance
12/11/2020
17:43
I know that, petrochemicals bitumen etc.but the demand driver has always been fronted by energy use. That will change as easy oil is plateauing across the globe and the rewards are not going to be the same in the future.Cash
cashandcard
12/11/2020
16:13
oil isn't merely an energy
excellance
12/11/2020
15:48
They have missed the boat. Investment has shifted away from oil and gas to other areas. Oil in particular may rise a little but even the shale drillers are back out again soon as oil goes near $40/bbl. Its not what it used to be. There is longterm potential in gas, but I worry about the sustainability of oil as an investment given who will occupy the Whitehouse soon and is promising $2trillion in green energy initiatives. Oil will still be a major part of the worlds energy mix for another couple of decades - but it will reduce as a proportion of the energy mix as each year passes. I suspect the guys at SEY agree with me hence they are refusing to actually invest in oil. They are better off moving into a different space - but that would actually mean work! Cash
cashandcard
12/11/2020
14:33
Shareholders here are responsible for allowing this to continue. No one else to blame but them. No incentive for management to do anything except screen assets endlessly while on the gravy train. Cash
cashandcard
12/11/2020
14:16
Isn't it a free carry? Why then "let it go"?
excellance
14/10/2020
04:27
I wonder if SEY should just let Somaliland go (the country's right to exist, let alone exploit any oil discoveries, seems tenuous at best)? The world has moved on since SEY first got involved with Somaliland (at the time, oil prices were sky high and affordable opportunities scarce).
septimus quaid
13/10/2020
14:13
13-9-19 The Government of the Republic of Somaliland has granted a continued extension to the current period of the Odewayne Production Sharing Agreement ("PSA"). The expiry dates of the relevant exploration periods under the PSA shall now be: Third Period: 2 November 2020;
excellance
11/10/2020
09:16
Because now is a great time to pick up some very good cash producing assets that may be struggling with finance. M&A is the name of the game in oil and gas right now. Look at PMO premier oil, share price down 90% due to hugely over leveraged position, and then there's spirit oil owned by centrica, and dozens of others. Oil is over sold and will only rise from here next summer.
excellance
11/10/2020
07:45
Excellence, Apart from drawing fat salaries and fees, they have done next to nothing for years besides screening assets. What makes you think anything is about to change? I mean, why would they trouble themselves with the responsibility of running an oil company with costs, production and oil price to worry about ?The is the best gravy-train strategy I've seen from any AIM lifestyle management. Just keep screening assets endlessly and pick-up a salary for doing so.Shareholders will have little to no way or measuring the performance of these so called endeavours.Cash
cashandcard
11/10/2020
02:56
There are some fantastic oil and gas opportunities out there for companies with cash. Mind you I'm not sure we can bank on the "experience" here at SEY. I am however hopefull of some positive developments shortly, after all we have an aim listing, $44m in the bank, and, a potentially excellent asset in Somalia with a top partner and low cost to us. All we need is to acquire a private business with producing assets that needs cash and a listing. Exciting year ahead.
excellance
28/8/2020
12:41
After that hard won 3p climb, nice fall...now that's the SEY we know! LOL
optomistic
29/7/2020
11:59
just to remind myself, year ending 31/12/19, SEY had circa £34.5M cash in the bank ...with 220M shares in issues, equates to 15.7pps
septimus quaid
28/7/2020
12:01
been ticking up over a number of weeks, maybe free cash has some appeal!
septimus quaid
24/5/2020
22:10
three year down trend is now broken, breakout confirmed, but no idea why!
excellance
24/5/2020
22:09
free stock charts from uk.advfn.com
excellance
23/5/2020
12:28
free stock charts from uk.advfn.com
excellance
23/5/2020
12:27
i have to confess to selling out in 2010 immediately after taking advantage of the 40/1 share consolidation and open offer taking a nice little opportunist profit. i did hold a few for the failed sangaw drilling in kurdistan but limited my exposure to reflect the high risk. Delighted SEY got rid of the USA business and that the dwindling chinguetti field came to an end without massive cash penalties. cash position at that point was $120m, and despite several projects since SEY now only has $45m in the bank and 34% free carry on an exploration license in Somaliland which wont drill for another two years. So what can we expect in the next 12 months and why are credit suisse holding and YF increasing their holding? The market is awash with distressed oil companies, so opportunities abound right now, but with economic activity increasing post covid and central banks providing infinite liquidity surely now is a great time for SEY to poach some producing assets to provide long term financial security? free stock charts from uk.advfn.com
excellance
22/5/2020
18:35
well, we don't know what goes on behind closed doors, but excluding a blue sky deal investors should be aware that they may potentially face a lengthy wait. However, with credit suisse holding firm and YF taking a stake maybe something is about to happen?
excellance
22/5/2020
17:37
so, no drilling of Somaliland for another 2 years, but we could get some interpretation data. meanwhile the bod continue to look at other projects. interesting bunch of shareholders!
excellance
22/5/2020
17:12
YF also own a large chunk of TAG oil for "investment purposes"
excellance
Chat Pages: 1323  1322  1321  1320  1319  1318  1317  1316  1315  1314  1313  1312  Older
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