Tullow Oil Share Discussion Threads

[teamwork1] 22/2/2019 12:41

How much is the dividend

[badger36] 22/2/2019 12:32

I'd prefer a share buyback as the tax on dividends and USC makes 53% deductible whereas CGT is 33%

[romeike] 22/2/2019 11:32

You need to be holding shares on ex div day 4th April, you will receive a dividend based on the number of shares held at that date x the dividend value announced. To be honest at this stage the value of the dividend compared to the volatility of the stock makes it a bit neither here nor there, but it is a good gesture by the board and a sign that the company is headed in the right direction.

[manicat] 22/2/2019 11:27

and they pay it on the 10 of may

[manicat] 22/2/2019 11:26

you have to wait for the ex divi date to get the dividend which is the 4 of april

[billvernon] 22/2/2019 11:04

Can someone explain the tullow procedure in paying the dividend that was recently announced. I understand it's to be paid in May. I've owned my current batch for the last 6 months. If I sell before div is paid out do I lose out?

[chessman2] 22/2/2019 09:39

I’m optimistic that Guyana will see the Tullow share price rise quite substantially.

Only a few months to wait, in the meantime we may see institutions stake build.

[j0sekl] 21/2/2019 18:42

Oil price outlook getting cloudy and signs of US slowdown

[manicat] 21/2/2019 16:09

a rise from 170 to 230 its just profit taking imo

[alfiex] 21/2/2019 15:57

In freefall mode, not price of oil and upgraded for Jamaica so whats going on?

[ifthecapfits] 20/2/2019 15:50

Guyana sinking in. Stena Forth rig contracted for June spud. See ECO.

hxxps://uk.advfn.com/cmn/fbb/thread.php3?id=40810001

[romeike] 20/2/2019 14:41

oil down, tullow up

[chessman2] 20/2/2019 09:01

I expect the ECO news to push this higher. Come June when the drilling starts more assets will have been added.

Who knows, could Exxon or Total be interested in part of us?

[j0sekl] 19/2/2019 23:07

Kenya is incredibly corrupt, I sympathize with the things the company has to deal with in relation to the host government. Nevertheless I believe the team's E&P capabilities. One day this will be rewarding.

[bootycall] 19/2/2019 09:34

Uganda FID now forecast to be Sept. Useful article.
hxxps://www.standardmedia.co.ke/business/article/2001313519/uganda-s-oil-production-starts-in-2022
The fact that Kenya has also decided not to pursue a refinery also simplifies project economics.The same issue caused numerous delays in Uganda where Musaveni’s small refinery was a loss making pet project no one wanted to finance.

[mcsean2164] 19/2/2019 07:55

Oil up, tullow down, profit taking or something else?

[gkp_banggone] 16/2/2019 18:34

SALE BY SCHEME OF ARRANGEMENT ANNOUNCED BY 8:00 AM FEB 19YOU CAN TAKE THAT TO THE BANK 😊 AND YOU ARE VERY WELCOMETrev on lse#1 I have had two of my devices prevented from posting comments to this site.#2 800m effective 2P is the very minimum reserve level the company has at its current WI of 80%. A typical M+A valuation applied $boe would be typically a multiple of 14-16, for reserves of such scale. $ 12bn some £40 a share in current issue. I read speculation that the company has bought back its own shares using a third party via broker or banker. Until confirmed this is obviously speculation. It is clearly what the company should have been doing as it would add even higher upside for remaining investors.#3 An additional valuation metric is $ paid per flowing barrel. This reflects the lifecycle stage of the project, the fact that production infrastructure exists, and revenues are in place. It also widely fluctuates dependent upon a resources growth potential and lifetime. In the case of Shaikan it is very early stage, high growth potential, and if the directors are to be believed, has a lifetime of perhaps as much as a century. On this basis the valuation could be a good deal higher.#4 the real valuation is what a buyer is prepared to pay. If the Chinese are the buyers exclusively or as part of a consortium then the mandate these state led organisations have, is to ensure Chinese state access to long term reserves, with cost secondary. The Chinese would place reserve securitisation above price.#5 CNPC is the clear suspect as buyer had around 3.6bn reserves 2017 reports. We can see therefore that acquiring GKP would add transformational to these, with the considerable advantage that if oil prices were too fall, these reserves can still be booked as commercially recoverable , at far lower crude price models, as the lifting costs are so low.#6 I maintain that a minimum of 800m 2P is effective. It is very likely with EOR and future discovery, and with the real possibility the matrix is releasing oil to fractures, that this is very conservative.#7 The Chinese will also know that, and would potentially pay a large premium. Sinopec for example has in the past paid more than $1bn to drill far smaller unproven acreage than Shaikan.#8 this will be my last contribution to this forum, and I wish genuine investors every success, and believe that that success is likely near term. Man ska inte skåda given häst i munnen.xxczczx

[manicat] 14/2/2019 10:49

sentiment has changed for the better here tullow are ripe for a takeover bid any one got a figure that would take tullow out?

[billy_buffin] 14/2/2019 09:36

ss

Gas not to be desired I expect unless there is multi tcf for LNG. If plenty of condensate could be stabilised and spiked into Venezuelan heavy for example to boost its API?

[subsurface] 13/2/2019 20:30

Pleased we are keeping the 60% Orinduick prospect,And the credit Ratings have improved
Uganda getting better but still some way to go. short on detail at the moment. be very happy to see 150,000+ bbls a day then get back into the FTSE top 100.
Just wondering if the fact that we are up dip of Lisa is there more chance of a find being condensate and gas ?