Tullow Oil Share Discussion Threads

[rubberbullets] 23/3/2016 22:01

Tullow Oil (TLW LN): Wrong News at the Wrong Time - Downgrade to Underperform
Rating UNDERPERFORM
(from HOLD)
Price Target 166.00p
Price 225.80p
Key Takeaway
We are increasingly concerned over operational issues at the Jubilee field which is a fundamental stock risk overriding opportunity from oil shows in a new Kenya basin. Now trading 36% above our unchanged PT and at $22/boe 2P reserves the market is once again pricing in an unwarranted premium, in our view.

A lot more needs to start going right to keep these levels. Our upgrade to Hold in Sep 2015 accepted TLW trading at $19/boe 2P & $35/boe 1P reserves, both significant premiums to M&A precedent. Six months on, we see zero industry appetite for such premiums: M&A Update: Debt is the Growth Story.


Price Target 166.00p

[bakedbean57] 23/3/2016 17:05

That's messed the charts up on that finish.

[bakedbean57] 23/3/2016 13:56

Frustrating about all I can say, no value in stability of oil, chases the WTI like a dog at the minute but drops the stick when it gets hopeful!

[volsung] 23/3/2016 10:43

Checking on level 5. No coherent signal cap'n

[ifthecapfits] 23/3/2016 10:32

OK. Will do :)

[bakedbean57] 23/3/2016 10:30

Can someone turn the tap back on please...

[kevjones2] 23/3/2016 07:56

Are posters allowed to promote other companies on ADVFN? Personally, I wouldnt touch a company that needs to be blanket promoted by someone.

Any Tullow news?

[leoneobull] 23/3/2016 06:20

McLean https://www.dailyfx.com/forex/technical/elliott_wave/oil/2016/03/22/eliottWaves_oil.html

[wookie77] 22/3/2016 09:29

whatever level 3 is suggesting always do the opposite. I learnt this the hard way!250 will be hit this week.

[dave19w] 22/3/2016 08:55

That's right, booked for 17th of April in Doha.

[kevjones2] 22/3/2016 08:21

What meeting are you referring to? There is a meeting scheduled for mid April, I think.

[onjohn] 22/3/2016 08:01

no oil freezing looks like meeting didn't go ahead

[midasx] 22/3/2016 07:59

0802 GMT Oil companies are eager to hear the outcome of Monday's meeting between Kenya's President and his Ugandan counterpart over a pipeline route for crude fields in landlocked Uganda. Talks come amid heightened competition between Kenya and Tanzania over a route option for the region's largest oil fields. Total SA (TOT) has already raised the stakes after announcing a $4 billion funding to a pipeline through Tanzania. But Tullow wants a pipeline through Kenya to link up with its own fields. A pipeline deal would unlock long delayed commercialization of the oil fields. "Tullow Oil, Total and China's CNOOC -- have also been invited to the meeting," says Manoah Esipisu, spokesman for Kenya's presidency.

[bobic] 21/3/2016 21:37

oil price surges late in afternoon.good day tommorow.

[investordave] 21/3/2016 21:26

I couldn't allow a whole day to go by with nobody posting on the TLW board.... here's to a good day tomorrow.

[kevjones2] 20/3/2016 20:15

Thanks for that week old news, Albanyvillas.

[swerves1] 20/3/2016 20:02

Ny Girl sells early at 1.90. Unlikely to get back in now!

[jovi1] 19/3/2016 22:20

hopefully 226 227 228 229 230 .................................275 ........

[bobic] 18/3/2016 23:59

now crossed 200ema where share price next wk?

[hearts1] 18/3/2016 21:32

Ny girl sold at 190p!

[awe430save132] 18/3/2016 18:15

Dont often post but can someone please tell me why r people still buying GKP shares !