Tullow Oil Share Discussion Threads

[wodahsnoom] 30/11/2019 17:27

Appreciate your insights but it might not be the drop you are hoping for

[costax1654x] 30/11/2019 15:46

Carapa might land this coming week!A duster will drop the share price!

[dealy] 30/11/2019 14:30

Could bounce next week now that the month has finished and the hedge funds have got the close they wanted

[wodahsnoom] 30/11/2019 11:28

Whites123 - I agree with your sentiments but I still think executives have much to learn about how to manage investor relations and perceptions created by bad or late comms. Also operationally they haven't covered themselves in glory.

I believe a deal will be done in Uganda soon, giving TLW 200ml and a carried 11% share of 200,000 b/d in due course. Probably more important than any one drill result?

[subsurface] 30/11/2019 08:31

Gils/Eco update last week



Expecting news soon from Uganda to see if we have a new deal?

[sirrux] 29/11/2019 20:27

A Peel Hunt downgrade ... is that a good sign? Could be.

[whites123] 29/11/2019 20:02

A lot of you guys are funny..

Charts will plot and show you historical events only.
Charts do not, can not and will not ever predict the future.
Heck, if they did then everyone here would be multi millionaires not worrying about checking the share price every two minutes or making further comment about dipping in, dipping out nd shaking it all about.

Carapa has now been talked about so much there are some here who believe its a make or break drill for TLW... Again, you allow yourselves to be directed into believing forums.

TLW has debt, of course it does, but again the debt has been on the booked for some while... Its not new and its not a surprise, in fact the debt is lower and quite considerably lower than it has been... but yet again people are suddenly discussing like it is a new issue..

TLW is in fact a very healthy Oil Producer with some great licenses.

There was a hiccup in that the recent discovery has turned out to be heavy oil which "MAY NOT" be commercially viable to produce... again there has been no abandonment of this find, yet the forum has allowed itself to be blindly mislead into believing its essentially been capped.

Im so so glad none of you are in charge of my money... I would have sleepless nights, whereas putting it into TLW i can sleep well in the knowledge that when the shenanigans have played out it will rise and rise some more to a much fairer valuation and will reward me with great profits.

[leoneobull] 29/11/2019 18:49

I recall when this hit 126p back in 2016 winter. Bounced back. I have some at 153p. I wont average down yet

[rationaleee] 29/11/2019 17:54

So close to a billion £ market cap gets wiped off from a £2.8bn company post the trading update and no one is held accountable? Thought IIs usually are very strict especially when tlw would mostly have big IIs on the register.

The managmnt seems more interested in running a BAU co. Than a growth focused company. Exploration strategy is terrible, no focus, are basically in every region with no core areas. As if the strategy is to buy into all the available acreages worldwide ... maybe one of them will be the next Guyana , in the next decade or so. It’s like buying every stock in the stock market to nail down the sure shot multibaggers. Silly strategy. Tlw Needs to pull back from so many places and be more focused. Why was there a need to enter Argentina’s malvinas basin when there are 20 other better geological countries left to explore in the existing portfolio. Unnecessary capex when balance sheet needs to be strengthened ASAP. Tlw Needs to start offloading stake in Ghana and boost production more in stable non Ghanaian African oil producing countries.

[romeike] 29/11/2019 17:06

Gambling lol. This isn't gambling, TLW at this price is Christmas come early.

[alfiex] 29/11/2019 16:42

This is not an investment any more it is just plain gambling

[badger36] 29/11/2019 16:34

Anybody sacked for this debacle?Of course not. Stupid likes stupid and mutual admiration is the order of the day

[mcbull] 29/11/2019 16:00

BLOE, what does BLOE mean? TIA

[g2theary] 29/11/2019 15:45

I'm sure they had $4B (over) debt in 2017 and raised only £600M I didn't hold back then but have watched theM for a long time...

[deanroberthunt] 29/11/2019 15:42

BLOE guys, big news due monday

[frazboy] 29/11/2019 15:26

Errr, wasn't a significant quantity of the debt reduction due to the RI?

[romeike] 29/11/2019 15:24

It amazes me investors referring to debt as if A: the debt only just appeared on the balance sheet out of thin air, B: as if Tullow is the only entity that took on debt in response to the collapsing oil price C: completely ignoring that trend for loaded balance sheets in large companies D: totally ignoring Tullow's pretty decent performance in reducing debt levels

[billy_buffin] 29/11/2019 15:23

Crew Boat 'Harvey Sailor' on the way to Carapa-1. End is nigh or crew change?

[hoper2] 29/11/2019 14:41

Will they continue paying a dividend with disappointing production figures and the bad news from Jethro and Joe? There is an awful lot of debt to repay ($2.8 billion).

[deanroberthunt] 29/11/2019 12:57

6% DIVIDEND, BOUGHT AT 139p, I've set up auto reinvest....

[g2theary] 29/11/2019 12:32

I'd say if it is £1.80 that day... these seem low enough to have a go to me :)

[deanroberthunt] 29/11/2019 12:24

and if its a gusher?

[costax1654x] 29/11/2019 12:04

If Carapa is a duster (15% COS),bottom will be below 100