Tullow Oil Share Discussion Threads

[mccracken227] 15/11/2017 17:19

Frustrating to say the least!!! Oil now going up but will Tullow tomorrow?

[mcsean2164] 15/11/2017 17:07

All the gains of the last two months gone, doh!

[nicebut] 15/11/2017 16:19

Could just as easily open up 5-7p in morning...Tis volatile thats for sure!

[ifthecapfits] 15/11/2017 16:16

Jeez. Some shares really do try ones patience!

[midasx] 15/11/2017 15:42

EIA just reported a build of 1.9 million barrels of crude and a drawdown of 800K barrels distillate. Compare this to the API yesterday that the "Market" used to drop oil and oil stocks. They never let the truth get in the way of where they want things to move!


The American Petroleum Institute (API) reported a shocking build of 6.513 million barrels of United States crude oil inventories, against a Wall Street Journal analyst expectation that inventories would draw down by 1.4 million barrels for the week ending November 10. Three polled analysts expected a rise, and eight expected them to fall. The spread of the forecasts was wide, ranging from a draw of 3.5 million barrels to a build of 2.5 million barrels—significantly short of the massive build the API reported.

Gasoline inventories, according to the API, also saw a build this week, of 2.399 million barrels for the week ending November 10, against an expectation of a draw of 1.1 million barrels. The range of analyst expectations is from a 3-million-barrel decline to a 2-million-barrel build.

Both WTI and Brent benchmarks were down significantly on Tuesday prior to the API release—almost $2 per barrel under last week figures, as bearish news from the IEA emerged that suggested the oil market isn’t quite as healthy as some may believe.

[cojones] 15/11/2017 15:12

FTSE down past few days ORand MMS having a larf?

[alfiex] 15/11/2017 14:24

Oil not down so whats happening?

[mcsean2164] 15/11/2017 13:19

They are not selling-just a game after recent big rises and naive PIs are easily panicked like sheep into dumping their shares at a low as usual.

The conjugation seems to contradict the first supposition?

Fingers crossed we'll close above 180p...

[cumnor] 15/11/2017 12:05

They are not selling-just a game after recent big rises and naive PIs are easily panicked like sheep into dumping their shares at a low as usual. Remember oil is $60+-anyone falling for this little recent 'loss of confidence' in poo, orchestrated by a few hedgies, is a mug. Sell if you had planned to but if you panic on a little sell off are you suited to these kind of shares? imo

[mcsean2164] 15/11/2017 11:18

Think of it as 10 with the recent dilution. (They did get money though...).

This is maddening, I was going to cash out and buy a new car but can't cash out at this price. Actually can't understand why people are selling at this price. Oil rally over?

[jugears] 15/11/2017 10:29

These were nearly £15 a few years ago.

[supermarky] 15/11/2017 08:51

Trading on instinct. I have bought tlw with an average price of 182. Knowing tullow it a crazy animal and huge swings are fully expected. I turn off the emotion and rather than trade I choose to invest for the mid to long term here. I feel this will go through the roof at some point. I'm thinking Anglo American style. Patience is key. Everybody seems to want instant gratification. Tlw will come good. It might go down 5% tomorrow and up 20% over the next month. It's a crazy animal. If you want relative safety go for rdsb and collect those juicy divis

[cheek212] 15/11/2017 08:50

The shorts over 0.5% dropped again yesterday to 7% and given the share action over the past few days with relatively little volume, I am expecting to see a further fall in the overall percentage in the next few days. Despite the drop in Brent over the past two days, this share still looks to me as being manipulated and with no bad news in the last update the shorters have got little to hang their hats on now as oil prices rise and debt falls. They will be gradually closing out in my opinion whilst still keeping the share price as low as possible thanks to their trading BOTS.

[nicebut] 15/11/2017 08:40

Bit over done- perhaps helped by shorters- I`m hoping for a bounce at some point. 6 down days now is it?

[volsung] 15/11/2017 08:17

Same at PMO. Poo fall

[mccracken227] 15/11/2017 08:15

Oil down 3% Tullow down 9% always the way just manipulated

[frazboy] 15/11/2017 08:05

this fall is starting to look very company specific - anyone got any information?

edit: the only short term risk I could see for the company was the refinancing of the RBL but in the absolute worse case scenario that would have resulted in a rights issue, and I considered that scenario very unlikely at current oil prices

[mccracken227] 14/11/2017 22:29

Tin hats tomorrow, poo dropping faster than Tullow

[sux_2bu] 14/11/2017 19:19

dealy14 Nov '17 - 18:58 - 30905 of 30906

All of my socks have been hammered

............................................................................

What kind of sock got hammered ? thermal, ankle, woolen, nylon ? Dark colours , bright ones or maybe character picture ones ?

[helpaargh] 14/11/2017 19:11

Dealy, Put the socks away, put the hammer away just trade on instinct.

[dealy] 14/11/2017 18:58

All of my socks have been hammered like this over the last few days irrespective of fundamentals

[supermarky] 14/11/2017 16:59

Hold on and be patient. This is always a crazy mover but it's set up nicely for patient investors

[spirito] 14/11/2017 16:21

Ignore it. 6 months if poo over 60 we will continue to reduce debt with increased production. Sp will fly. Let the shorts scare some idiots