Tullow Oil Share Discussion Threads

[sux_2bu] 04/4/2018 12:01

A bit over sold from 194.90 this morning. Dow will probably rise later.End of tax year is a possible cause for London markets down. Just a guess.

[sux_2bu] 03/4/2018 17:43

Lol, It's frustrating when everything on the chart is saying its going up. Even more frustrating as I bought more today Still have my target focused on the 210p gap.

[cojones] 03/4/2018 17:26

Oh calm down you old woman ;D

[paulbiya] 03/4/2018 09:00

https://oilprice.com/Energy/Crude-Oil/Oil-Prices-Poised-To-Rise-As-Cycle-Comes-To-An-End.htmlVery interesting. Worth a read on macros

[lairddavid] 02/4/2018 22:08

quite a drop in light sweet crude, 3%. could see a temporary pullback tomorrow.

[leoneobull] 02/4/2018 21:26

Broker upgrade from jpm follows that of Credit Suisse . They all jump on same bandwagon. Expecting a gradual rise poo permitting dyor https://www.americanbankingnews.com/2018/03/31/tullow-oil-tlw-receives-overweight-rating-from-jpmorgan-chase.html

[lullabite] 30/3/2018 20:15

Do you value tullow oil based on fcf ? When you stablish your target price ? Ev/ fcf seems like a good measure to me , What do you guys think ?

[sux_2bu] 29/3/2018 15:41

Wowser. Now I'm kicking myself for holding off till next week to add more.

Anyway, 210p gap to fill, bring it on

[nicebut] 29/3/2018 15:13

Seems to be trading in a very tight range....Could do with it moving on up.

[cojones] 29/3/2018 09:18

Choo chooo' ..mind the gap ;)

[sux_2bu] 28/3/2018 18:52

28th March 2018Credit Suisse Reiterate Outperform230.00pHold in there lads, just another volatile day. The trend is still up.I nearly bought more today, but decided to hold off, just at the point of pressing the buy button, as it's a long weekend and tax year end next week. I'll buy more next week instead. We might test circa 185p but it will turn back up soon enough, and could be sharp and fast.

[alfiex] 28/3/2018 16:54

Oil down 1.1% tlw down 3.5% typical

[xxnjr1] 28/3/2018 16:31

EIA
Stock Build Oil +1.6m barrels.
Stock Build Gasoline -3.5m barrels.
US Weekly Prod'n +26k bopd to 10433K (New record).
Oil Price -1.1%

[supermarky] 27/3/2018 15:44

Looking more positive here. Who knows though this can turn bad quickly

[spawny100] 27/3/2018 14:09

Here she goes

[craigo121] 27/3/2018 13:59

C'mon up ya rise! an breath the air above 200

[xxnjr1] 27/3/2018 13:49

Almost!

but volume, so far, not particularly high.

[spawny100] 27/3/2018 13:31

Can it break £2 today?

[cojones] 27/3/2018 11:34

About time ;)

[nicebut] 27/3/2018 09:43

Yup I appreciate that...Also the increase to 64k at TEN takes in to account some conservative down time- So room for an increase there, all being well.

Which reminds me- TLW havn`t replied to my request to attend the AGM.

[xxnjr1] 27/3/2018 09:37

nicebut - TEN has total of 10 wells currently, comprising five oil producers, four water injectors and one gas injector.

So recent ave per well about 10K to 11K bopd.

Maybe they are running wells pretty hard now? Dunno. But when 6th producer comes on I guess they could ease off on some of the current producers in the interest of good reservoir management. Maybe not - who knows. Just flagging up it may not necessarily be x + 10K + 10K etc - it may be a more measured rate of progress. And it depends what the starting point on TEN is when 6th producer added - is it 55K, 60K, 65K or whatever? Will be a useful update on this at AGM 25/4.