Tullow Oil Share Discussion Threads

[smurfy2001] 29/7/2015 16:29

Simple guys,

Brent Crude
5417.2
5420.2
+67.0

US Light Crude
4912.0
4915.0
+106.9

[mr aboii] 29/7/2015 16:20

HE He He me thinks :)

[bobsidian] 29/7/2015 16:01

Now that is quite an intraday share price reversal.

[n73] 29/7/2015 15:53

This stock is valued between 1100-1300

[smurfy2001] 29/7/2015 15:31

Valued less than Just Eat

[cashandcard] 29/7/2015 14:15

The way things are going, I would be surprised if they are not snapped up. 200p and lower beckons. Last time I saw TLW at those prices was well over a decade ago.


Cash

[shaf200] 29/7/2015 14:04

don't be sucked into a dead dog bounce (unless you want a quick in and out). I'm looking to take a long term position around 200p

[deanroberthunt] 29/7/2015 12:06

Debt is increasing, whilst revenue and profits are falling off a cliff.....not a good combination...it's what did for Afren..

If Oil stays low for another year or more, then best hope for investors is a buyout.

[ny boy] 29/7/2015 11:16

Dead cat bounces some large,some mini, price action shows lack of conviction on behalf of the Bulls, need to see the oil price above $50 to gain any upside traction here.

Gloomy for Bulls still

[topcar] 29/7/2015 11:16

Demand is not strong. It is slowing, and production is rideing !!

[dealy] 29/7/2015 10:10

High cost oil production (which everybody except the Saudi's have from now on after all the easy oil was consumed) requires a reasonably high oil price. Recently the financial markets have started to get scared that the oil price in the future will not be high enough to meet this high price requirement. They are completely wrong imo. We will have 100 oil next year because demand is strong and certain whereas supply from next year onwards is neither certain nor strong.

Such unbelievable short term thinking. Bears taking advantage of it. For now...

[n73] 29/7/2015 09:51

This stock is cheap.

[cricklewood] 29/7/2015 09:17

Cant read it Billy ?

[billy_buffin] 29/7/2015 09:15

'The lead operator of the Jubilee Oil Field, Tullow Oil, has announced the completion of repair works on the faulty compressor on the FPSO Kwame Nkrumah that resulted in the halting of gas export to the onshore processing plant for power generation.'

[topcar] 29/7/2015 08:47

Oil stops at this price for more than 2 years, imo tullow are bust !!

[ny boy] 29/7/2015 08:31

Bears appear to be still in full control, no appetite from the Bulls at present.

The bottom of the savage down channel is around 220/230p approx, certainly for any chance of a turnaround this area need to hold or there will be another sharp leg down.

[stevenrevell] 29/7/2015 08:31

Hopefully this wil get bought

[bobsidian] 29/7/2015 08:30

Problem is market forces are looking at the slender margins on expiry of hedges.

No doubt the share price will continue to be a highly geared play on the price of oil.

[asusasus] 29/7/2015 08:27

Knew the rise wouldn't last. Ffs.

[oilretire] 29/7/2015 08:16

Why are folk commenting on the divvy?That was announced in February.It's no surprise that today they are confirming it will remain suspended.

[ny boy] 29/7/2015 08:10

Short closing rally on smaller than expected loss, could be a dead cat bounce, needs to close above 280p resistance to become bullish again.