Tullow Oil Share Discussion Threads

[blueball] 20/1/2016 20:17

I expect another 8p fall tomorrow.

[cat100] 20/1/2016 19:52

US Crude oil inventories announced tomorrow 11am EST.

[jovi1] 20/1/2016 19:26

wipo the reason for ithaca extra fall is the longer delay in teh stella project, the cost of production and the leverage on the oil underground is 13 against 5 or 6 of tlw clearly as well as the oil price.
ithaca much more risk there but the reward there can be great i got a small punt there too.

[paulbiya] 20/1/2016 18:42

If the debt isn't due back, and cashflow is significant these will bounce back h2

[paulbiya] 20/1/2016 18:38

Dow down 500 plus. Who said that low poo is good for us? It risks contagion. Best to take out the house of Saud

[paulbiya] 20/1/2016 18:30

2017 reasonably well hedged. I think about one third of production

[cat100] 20/1/2016 17:44

ppt arrived

[cat100] 20/1/2016 17:41

hxxps://www.aar.org/Pages/U.S.-Crude-Oil-Production.aspx

[cat100] 20/1/2016 17:32

The SPX Level one Circuit Breaker Halt kicks in at -7%, Would be unreal if they trigger it today. There's just no real buying yet.

[wipo1] 20/1/2016 17:32

Yes markets in the sh1t, will everyone want to be a buy to let landlord now?

[wipo1] 20/1/2016 17:29

I heard all this hedging breakeven price on Ithaca and did not believe that either.Saved me a few quid they are now 16p.

[cat100] 20/1/2016 17:28

Markets In TurmOIL

[cat100] 20/1/2016 17:25

Crude finding new lows right now.

[wipo1] 20/1/2016 17:24

Cat100 I don't think studying and research is much use, after all you're gambling your money.Oh and from what I hear it is around 45 per cent tullow are hedged for 2016 so it's not all of the oil.Correct me If I'm wrong.

[ny boy] 20/1/2016 17:19

Wipo the debt will probably finish them off but you still have many de,used investors who think they will be back to 300p in a jiffy.

The SPX point to a final bottom of this rout around 1760, still some way off as we just touched 1820

Crude is still searching for a bottom, maybe in the teens now, judging by the rate of falls each day.

[cat100] 20/1/2016 17:16

wipo1 I think you need to do a bit of study on Tullow

[wipo1] 20/1/2016 17:16

I am not all bearish though and I am interested in buying lower down

[wipo1] 20/1/2016 17:14

Sprinto Yes Tullow Oil are hedged for 2016 but what about after that and the debt is massive.

[ny boy] 20/1/2016 17:10

Closed out earlier 118p this rout in the markets is getting much worse, expect to pick these up much cheaper this week, there is going to be one hell of a final capitulation before the bottom is in, may get these for around 77p but not necessarily this week. Market technicals are terrible.

[spirito] 20/1/2016 16:54

Wipo you're an idiot because they have hedged the oil price they receive and are not selling at a loss if you take this well discussed factor into account.