Tullow Oil Share Discussion Threads

[plastow] 24/11/2016 16:43

Hedging there bets??

[phowdo] 24/11/2016 13:43

Edit: found the article



Anyway it makes sense,
They take out a equity swap with a DeltaOne desk that gives them upside from here for 5% worth. This neutralises a 5% short position without them actually having to close it (which of course would spike the shareprice if done in a short timeframe).

[phowdo] 24/11/2016 08:54

All depends on OPEC now.
If the deal falls apart that H&S completes and crude is back in the 30s.
If they do manage to agree a 4% cut then thats 1MMbbl/day off supply and that is going to make a difference and we probably see a rally into mid 50s. Will need to keep an eye on the strip then as Spot will probably fly and the producers will rush to hedge further out so market may well head into backwardation...

[plastow] 23/11/2016 21:12

Wti oil chart!!

[plastow] 23/11/2016 21:11

Head and shoulders formed on the daily which way is it going to go ¿?

[seguna43] 23/11/2016 13:37

Here's an interesting interview about what's next for the oil price - this analyst is basically predicting a $40 to $50 price for the foreseeable future

[eipgam] 23/11/2016 12:36

Cash-Settled Swap

A swap (usually a commodity swap) in which two counterparties agree a price and a quantity of an underlying asset today, with reference to a specific benchmark index as published at a preset date in the future. If the benchmark index at that future date turns out to be higher (lower) than the agreed price, then the seller (buyer) pays the buyer (seller) the difference between the two prices, multiplied by the predetermined quantity.

So I'm still not clear... are JPM betting that the price will be lower than it is today?

[phillis] 23/11/2016 12:24

cash settled swap

[eipgam] 23/11/2016 11:29

M&G sold... JPM bought

[lodgeview] 22/11/2016 10:08

52 week doh.

[lodgeview] 22/11/2016 10:08

Another indicator is the upward trend and we are almost at a 52 year high. Everything is cyclical. Patience required to see Tullow back up to where it used to be.

[lodgeview] 22/11/2016 10:04

If we can breakout of this resistance level and POO maintains current levels then a huge rerate is on the cards here.

[phowdo] 22/11/2016 10:01

Up 20% in 6 trading days. Going to need a big push to breakout now.


phowdo 14 Nov '16 - 10:12 - 27966 of 27985 0 0 Edit
Lows 240s looks good for a bounce into crude OPEX.

[sawadee3] 22/11/2016 09:33

Laughing all the way to the bank chaps :-)

Easy game :-)

Well done all buyers :-) :-)

[stewy_18] 22/11/2016 08:10

Trying to find a home for my AVS money. Looking at TLW and topping up on KAZ. Re TLW:- 2016 annualised gross production for TEN now expected to be around 15,000 bopd. Are the forecasts of 65,000 bopd for 2017 realistic? Surely then a no brainer or is that dependant of where POO goes? Is the Odey short something to worry about or could that be a catalyst going forward? I am by no means an Oil expert but the chart looks interesting. Any feedback welcome. Recent director buy of 50K looks like a sign of confidence. KAZ directors were buying in November last year and look where that has gone since.

[pounddreamer] 22/11/2016 07:56

can we hit £3 today?

[midasx] 21/11/2016 14:26

With short interest at 14.2% could get very interesting if a deal to cut is announced.

[pounddreamer] 21/11/2016 14:17

GS now in the bulls camp........

[mcsean2164] 17/11/2016 17:53

If we stay below 80M barrels per day for the next six - nine months, things could get v interesting for tullow....

[plastow] 17/11/2016 09:26

The charts don't lie the Russians do that's why if crude breaks yesterdays low expect more downside I'm holding unless crude drops below 4530 let's see if the trend continues up??

[stansmith3] 17/11/2016 08:51

why?if it goes lower the opec / russian jawboning will just start again pushing it up again

[plastow] 17/11/2016 08:12

Crude needs to hold 4530

[lodgeview] 16/11/2016 16:35

Loaded up here. Looking at 50% return over next few months.

[dlku] 15/11/2016 23:53

build in United States crude inventories caused West Texas Intermediate prices to fall