Trinity Exploration & Pr... Share Price (TRIN)

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Share Name Share Symbol Market Type Share ISIN Share Description
Trinity Exploration & Production Plc LSE:TRIN London Ordinary Share GB00B8JG4R91 ORD USD0.01
  Price Change % Change Share Price Shares Traded Last Trade
  -0.45 -3.61% 12.00 652,534 16:35:16
Bid Price Offer Price High Price Low Price Open Price
11.50 11.70 12.50 11.60 12.25
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 48.18 -10.60 -1.51 47
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:16 UT 3,305 12.00 GBX
Related Shares
Bp (BP.), Royal Dutch Shell (RDSA), Spitfire Oil (SRO), Nautilus Marine Services (NAUT)

Trinity Exploration & Pr... (TRIN) Latest News

Trinity Exploration & Pr... News

Date Time Source Headline
21/1/202116:55ALNCLONDON TRADING UPDATES: Luceco Expects To Report Record 2020 Profit
21/1/202107:00UKREGTrinity Exploration & Production Q4 2020 Operational Update & Investor..
18/1/202110:52UKREGTrinity Exploration & Production Block listing Interim Review
11/1/202112:08ALNCIN BRIEF: Trinity Exploration Celebrates Trinidad Petroleum Tax Reform
11/1/202107:00UKREGTrinity Exploration & Production Supplemental Petroleum Tax Update
23/12/202016:41UKREGTrinity Exploration & Production Second Price Monitoring Extn
23/12/202016:35UKREGTrinity Exploration & Production Price Monitoring Extension
23/12/202014:06UKREGTrinity Exploration & Production Second Price Monitoring Extn
23/12/202014:00UKREGTrinity Exploration & Production Price Monitoring Extension
23/12/202011:05UKREGTrinity Exploration & Production Second Price Monitoring Extn
More Trinity Exploration & Pr... News
Trinity Exploration & Pr... Investors    Trinity Exploration & Pr... Takeover Rumours

Trinity Exploration & Pr... (TRIN) Discussions and Chat

Trinity Exploration & Pr... Forums and Chat

Date Time Title Posts
23/1/202121:04Trinity: OIL PRODUCER 20201,680
22/1/202113:31Trinity Exploration - bickering thread 2020277
10/12/202021:46Trinity Exploration & Production 20188,953
03/2/202017:52Trinity Going to 1p2
02/4/201915:49Trinity Exploration & Production PLC6,470

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Trinity Exploration & Pr... (TRIN) Most Recent Trades

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Trinity Exploration & Pr... (TRIN) Top Chat Posts

DateSubject
23/1/2021
08:20		Trinity Exploration & Pr... Daily Update: Trinity Exploration & Production Plc is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker TRIN. The last closing price for Trinity Exploration & Pr... was 12.45p.
Trinity Exploration & Production Plc has a 4 week average price of 10.38p and a 12 week average price of 7.40p.
The 1 year high share price is 12.75p while the 1 year low share price is currently 5.40p.
There are currently 388,794,303 shares in issue and the average daily traded volume is 929,052 shares. The market capitalisation of Trinity Exploration & Production Plc is £46,655,316.36.
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19/1/2021
18:28		nocents: Interesting posts. Thank you people. I haven’t looked at this board for while. Yes there was some selling today. Bailing out by a couple of people. Strange. But often happens with Trinity. Q4 no SPT. Q1 2021 likely offshore only. It is heartening to note that much-if not most of offshore SPT is offset by sustainability incentive and investment credits. . Q4 cash generation was always looking good so I am surprised by the share price drop today. By Heavens is Trin’s share price undervalued. Knowing the games which the market plays I do not expect revaluation to a decent level whilst we are wanting one! But it astonishes me to be at 11p. Just read Cenkos’ detailed breakdown from last year and look at the cash generation at $53 with no spt Q4 and only offshore Q1 2021. But no drilling Q4 ( low capex)and no spt means good cash. Trin has so many fingers in pies now...look at LPG too.I never cease to be amazed by how the market treats such an efficient and forward-looking company.
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16/1/2021
14:09		pavey ark: The share price has been sucking air for the last couple of days. Price rises 50% in two months....people sell...it happens. More share price rise to come but if you bought at 7p or 8p,,,,then 12p may be hard to resist. It should be noted that the "results" will be the Q4 update. I'm sure there will be lots for us to dissect and discuss but any news on farm out of TGAL, new license agreement, Jubilee/Heritage deal must be released as they happen as they are rather material......can't simply be rolled into this announcement.
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15/1/2021
16:12		galaga: Cos they have heard of the infamous Trin share price drop on results!
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13/1/2021
23:50		nocents: Just an addendum. There is an institutional buyer here. Or a large order beinf fulfilled at lowest possible price. The nature of the trading points fully towards this. Who buys £4:80.?To set the price so that all buys look like swlls. The sell price was higher than the buy price for much of yesterday. Then large”sells221; appeared which were actually buys. Shenanegans. Oh well ..hitch aride on a solid business. I wish I was in TXP and -even if they are in an exploratory phase -have multiplied 16 times in ayear. Trin have stated the same price. They may be a genuinely solid business and I believe they have a great workforce who are treated well... but have let shareholders down bigtime for 4 years and have some serious catching up to do to win confidence. Doesn’t mean they can’t. Cenkis at 32p yet again. Trin at 12p. BP have tripled. Tullow too. TXP 16 times. Trin shoukd be iver 20p now but ha e lost their investor base and are subject to short term selling as no div or incentive to stay without big plans being publicised. I am not wholly right and my painting is a little smudged...but Trin need to increase shareholder value significantly . Hopefully 2021 will be a start. 12p so cheap
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11/1/2021
09:16		pavey ark: This was a bit of a non story simply because as far as TRIN is concerned SPT is dead. The two year move to $75 is effectively suspending it entirely for two years and means that it is highly unlikely to return as a serious threat to TRIN's profitability. SPT has seriously reduced onshore oil production and the decline is there for all to see.....even if SPT does return it will not return at $50. SPT at $60 and above isn't a positive but but the highly efficient TRIN would make lots and lots of free cash at that level......SPT will not return as a serious threat to TRIN's profitability. I addition, the current two year moratorium takes us closer to the next elections and the opposition is more favourably disposed to getting foreign investment (no SPT). If oil production is up then that is proof that no SPT is working. If oil production is not up then more has to be done. Offshore....I don't even bother with the tax implications. TGAL....Cairn investment...TRIN investment....Jubilee/Soldado investment ...are simply not going to happen without clear, fair, long term tax agreements in place. I am sure that Cairn and TRIN are not in the game of ripping people off but they would not lay themselves open to the same happening to them.
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07/1/2021
11:54		pavey ark: I'm going from frying pan to fire here....Cairn are very unlikely to go for TRIN no matter how much cash they have. Work with TRIN on TGAL.... Join with Heritage and TRIN on Jubilee...get involved in other projects with TRIN and Heritage but no need to buy out TRIN....unless management and "friends and family" want out. Although TRIN is registered in London it is essential a local company and politically that is worth a great deal.
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06/1/2021
21:52		ab76: Trinity’s share price spent most of 2020 (an unprecedented year during which the oil price collapsed and drilling plans were subsequently put on hold) below 10p, but over three of the past four years its price has averaged well over 10p. If a share price has a natural habitat (which I doubt), Trinity’s is well above 10p.
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01/1/2021
20:13		pavey ark: I don't know what the share price will be but I would be very disappointed if the production rate isn't in 5k-7k BPD by the end of the year. This increased output could come from increased drilling to open up their west coast assets or simply more onshore drilling or both. Obviously any acquisitions would give an immediate additional lift and the TXP oil assets look a perfect fit as several of their licences actually touch TRIN assets. Obviously all down to price but I get the feeling that TXP would be willing sellers. Given my timescale of one year then TGAL is not included in my 5K-7K range. I'm not actually sure what the immediate benefit of the Heritage Jubilee Soldado deal is ....I'm sure there are benefits but just not sure what they are and the timescale. The picture is further complicated (in my mind) by the statement that the west coast assets will somehow be rolled into the deal. Does that delay the seemingly straightforward development and subsequent production boost from the west coast assets ? I agree that there should be an announcement soon regarding the license agreements and very little can happen until these are sorted.....no farm out at TGAL, no acquisitions, no new drilling. Anyway I am very confident that most/all of these very important and very valuable developments will come about and the share price should be well north of where it is today. Almost forgot....the 3D will give a boost to bookable reserves as will the reserves at the west coast that are ready and waiting to be booked.
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17/12/2020
17:08		aimmafia: As a neutral and not invested, but always keeping a close eye here, trin is 100% in a great position, the share price can only go upwards in the next 12 months. The cash in bank will eventually overtake market cap at this rate forcing the share price upwards
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03/12/2020
08:02		mark10101: TXP doing very well again with their latest drill, let’s hope the TRIN team is scouring their acreage for similar deep targets, adding gas to the portfolio would be a great addition as TXPs 10x share price move over the last year shows. I sold some TRIN at 13p this time year to buy TXP at 13p (for a long while TXP and TRINs share price was within a couple of pence of each other) after their first positive drill results. Well done to TXP for a fantastic year. The fact TRIN is now sub 13p, yet have more money in the bank account, a higher production, no SPT and drawing in partners such as Cairn is an anomaly the market can’t for much longer. Hopefully this will become a new golden age in T&T.
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