Tullow Oil Share Discussion Threads

[billy_buffin] 17/10/2015 14:29

edit and this:

[dlku] 17/10/2015 11:12

The rig tally fell by 10 to 595, the lowest since the week of July 23, 2010.


Tullows share price was £10 i think last time rig count was here

[dlku] 16/10/2015 20:20

A gradual decline in the level of supply is likely to force the oil price upwards next year, but the prospects for gold are weaker, according to James Sutton, client portfolio manager at JP Morgan Asset management.

[sawadee3] 16/10/2015 12:06

With this kind of capital appreciation, who needs divi's :-)

[doohoma3] 16/10/2015 11:44

tks mcc for info it made sense them doing that

[mccracken227] 16/10/2015 11:22

Doo they stopped the dividend when poo collapsed it was 12p per year

[doohoma3] 16/10/2015 11:07

anybody know if tullow pay a dividend and if they do how much it is

[sawadee3] 16/10/2015 11:01

Going from strength to strength :-)

Happy days chaps :-)

[jovi1] 16/10/2015 10:13

sorry should had been in english and the date should be 2021-2022 saying that if i find the way to sell in 2012 i will sell LOL

[albanyvillas] 16/10/2015 09:06

mega bowl on chart towards 400p

[gregpeck7] 16/10/2015 08:26

Coiled spring here, 300p in oil hits 55 used.

[cricklewood] 16/10/2015 06:32

Copied and pasted when drunk LOL.

[shaws67] 16/10/2015 06:31

Set ones calendar to sell between 2011 and 2012?How does that work now we are in 2015 and rapidly approaching 2016

[jovi1] 16/10/2015 00:50

Sorry I am drunk agai back from the pub.
Like last Thursday I will write my thinking and tomorrow blame the alcohol.
This last 2 days have been great for Tlw and many oil company, poo fall around 7 % but by in large o&g stay flat at decent volume this is another indication of green shut and market sentiment start to swing.
API and EIA reports both should have pushed down poo and possible share but this did not materialise. I am not saying poo has bottomed or is close to it but the time of the recovery is getting closer.
Don't forget to set your calendar for the selling time that will be between 2011 and 2012. Sound mad? Is I agree but you can set a calendar on oil price getting back in trouble a lot easy than on the recovery.
I don't generally write about share I normally talk about oil in general but TLW in the last few weeks had few good news.
Banks happy with credit.
Tens on budget and on time so far with assumption that we have the cash to complete it. Resolution do legal case in 2017 which would not effect Tlw other way, but will help to increase exploration in a low risk environment
Kenya reserve likely to increase.
Jubilee back up and running at full production and various other agreements that will keep production at least within expectations.
What is not to like.
Oil can fall at 10 or 20 $? Yes it can but will only last very little and only will play in the hand of the low price producer as they will benefit most to the sharp rise that will follow.
Hedging and cheap borrowings is running out for most producer and as it happen we will see production cut of a scale not seen for long time, major will start to identify asset to buy to increase reserve and some clever guy somewhere will create a new BP.
My suggestion keep buying slowly until 2010 and sell by 2012 and you will at least treble your money
No one can sell at less than can produce for ever, ultimately this will make the difference
Good luck

[gregpeck7] 15/10/2015 20:32

Brent just surged back through 50 USD... Looking good.

[shaws67] 15/10/2015 17:21

HerbyRainer

If it does head South ( which at the moment it could due to showing lower highs and heated T/A, apart from MacD ) I think 222 / 220p is the target which would be met near the end of October. But with everything, just reassess as it goes.
If one swing trades, that is.


Long term investors just sit back, blank out the noise and wait for your target cause as sure as hell, tlw will significantly recover very well, just have to wait it out.

[herbyrainer] 15/10/2015 15:43

shaws67

Still think range bound £1.50 - £2.50. I am not a day trader by the way.

[holmess] 15/10/2015 12:33

Has r=250 now become support? If so, the next move up could be imminent and strong...........

[shaws67] 15/10/2015 12:08

HerbyRainer

What's your thoughts now about 200p or lower?

[cricklewood] 15/10/2015 08:01

holmess

When posting a link replace the http with HTTP

[holmess] 15/10/2015 03:09

A bit of wti entertainment ;)http://video.cnbc.com/gallery/?video=3000431736

[jovi1] 14/10/2015 23:08

bad news tonight with oil on the API repost show build of 9.3 mill that is 3 times estimate build.
tomorrow a test on how much oil sentiments have improved. hopefully this is the storm before the calm and the big build before the reset button get pressed.
the main report remain tomorrow and hopefully will be better and will give a better picture with rafinery production.
good luck