Tullow Oil Share Discussion Threads

[deanroberthunt] 27/7/2016 08:15

If you take out the mega cap Oilers, this is the best of the rest.....

[billy_buffin] 27/7/2016 08:07

Press comment shows approval especially re unexpected profit. Edit: hence jump in share price Edit: then down again!

[hearts1] 27/7/2016 07:39

Who are the 2 idiots?How many mid cap oilers are making a profit?TEN near which results in a lot of cash flow to help balance sheet.

[oilretire] 27/7/2016 07:38

Still 31k hedged at $65 in 2017 - also in that year production forecast up significantly & capex down significantly.....

[frontdoor bull] 27/7/2016 07:38

Looks great to me, very good results.

[admin900] 27/7/2016 07:25

Doesn't look good.

[emptyend] 27/7/2016 07:23

So.....post-tax H1 was $30mn, after including nearly $20 per barrel of revenue from hedges. What will it look like when those hedges run off?

[leoneobull] 27/7/2016 06:17

If there is a glut how come the US importing 1m more barrels a day than a year ago? And nobody wants WTI

[dealer1972] 26/7/2016 18:46

My guess is that it will be somewhere in between ;)140 is a bit of an ask though. 185 is possible if oil downturn continues or poor update tomorrow.

[hem007] 26/7/2016 18:21

Are we just throwing out numbers willy nilly??

[admin900] 26/7/2016 16:39

Huge dept and low oil prices tullow time is up 140p tomorrow.

[skhawaja] 26/7/2016 16:24

Tomorrow trend will be upward will go around 230 plus

[mr aboii] 26/7/2016 12:00

--- David Brent 26 Jul'16 - 10:53 - 27249
I think, it's both

[david brent] 26/7/2016 10:53

Is the drop related to tomorrows announcement or the oil price???

[edmondj] 26/7/2016 09:39

Gary Shilling reckoned the oil price recovery was overblown, had mooted $10:

hxxp://www.businessinsider.com/gary-shilling-predicts-10-oil-2016-5?IR=T

Anatole Kaletsky, the financial columnist, had similarly argued (albeit some months ago) for $10 based on the marginal cost of production. Whether oil ever gets that low (or other reasons prove more influential) but the point was made, lately lost.

[p_dharmendra] 26/7/2016 09:37

Why is it going downhill??Any idea??Or tomorrow trading update no as good as investors expected ??

[cyberian] 25/7/2016 14:18

Oil price downturn looks pretty grim, and need to see how much further it will drop before stabilizing as I am sure it will. Not too sure how much of TLW's hedging cover in the $70 plus level remains, or whether they traded out of some or all of it? Would look to buy on any weakness after this Wednesdays results, as US$ remains strong and that will help matters, hopefully. Again with a lot of International companies it also depends on whether a large slug of their costs are priced/invoiced in US$.

[mcsean2164] 25/7/2016 01:20

Interesting:

[mcsean2164] 25/7/2016 01:14

Care to expand leoneobull?

[leoneobull] 24/7/2016 13:39

Solan first oil tanker arrived at pmo

[mccracken227] 21/7/2016 22:47

Cyberian, correct 27/7 is reports day

[cyberian] 21/7/2016 22:26

Can someone confirm that the next set of results is next Wednesday 27th...thanks.

[mercer95] 21/7/2016 14:43

Come on Tullow, spike up, news on ten can't be that far away

[leoneobull] 20/7/2016 11:15

Am interested in getting back in pre Ten but don't want to hold through results July 27th