Tullow Oil Share Discussion Threads

[rayrac] 05/12/2019 21:47

It’s obvious surely that you couldn’t call Tullows balance sheet healthy, but is it manageable?...I think it is...as long as oil doesn’t hit $50.

[mccracken227] 05/12/2019 17:54

https://simplywall.st/stocks/gb/energy/lse-tlw/tullow-oil-shares/news/does-tullow-oil-lontlw-have-a-healthy-balance-sheet/

[alfiex] 05/12/2019 14:18

Defying the price of oil again

[rayrac] 05/12/2019 12:18

And with the increasing number of cars on the roads...few of them electric!..it’s going to drive the oil market higher, whatever the pundits say.

It’s a finite resource with demand in third world countries rising greatly for the foreseeable future. Who wants an electric car with a battery that deteriorates over a fairly short term and costs a fortune to replace?

[master rsi] 05/12/2019 11:54

Why the OIL price on the rise again today....

OPEC+ weighs deeper oil output cuts -- Dec. 5, 2019 6:36 AM

Reports out of Vienna suggest OPEC and its allies led by Russia are discussing increasing current cuts of 1.2M barrels per day by more than 400K bpd, as well as extending their agreement from March, to June or later.

Crude futures already soared 4.2% on Wednesday - the largest gain since the attacks on Saudi Aramco's facilities - on output cut rumors and tightening American stockpiles.

A final decision by OPEC+ is likely to come tomorrow afternoon. The group has curbed supply since 2017 to counter booming output from the U.S., which has become the world's biggest producer.

Crude futures +0.2% to $58.56/bbl.

[fraserdean] 05/12/2019 10:21

You have to run backwards for it to work properly.

She did say she though the fall was overdone... It's just when people have the strength to back that opinion.

They are closing on contracts on a load of infill drilling in Ghana and the government expects to approve the new legislation by year end to ease that, it's before parliament now.

[pally12] 05/12/2019 10:10

Can see these breaking 1.40 but hope I am not speaking to soon

[stupmy] 05/12/2019 10:08

It does that for sure, it just struck me that there was nothing that we don't know in there. Personally I'd have preferred some opinion/analysis. Those 5 minutes are gone for good Frazer! Unless of course I can 'turn back time', does that happen if I walk backwards quickly.

[fraserdean] 05/12/2019 10:04

Ha ha, go for a nice walk and look up and get those minutes back :).

Sticks to the facts though, that's all we all know. Anything else, to quote the great man himself, is jibber jabber.

[stupmy] 05/12/2019 09:51

Well that was a waste of 5 minutes of my life fraser

[fraserdean] 05/12/2019 09:41

Some logic rather than emotion


hxxps://www.edisongroup.com/edison-tv/bitesize-briefing-heavy-oil-in-guyana/

[rayrac] 05/12/2019 09:36

Just look at their interests on the two continents of Africa and S America. Just mind boggling from a potential point of view!

[sharekitchen1974] 05/12/2019 09:31

I think the manipulators want to get this 100p to fill their boots before this goes up but we shall see, I know a few that have said if tlw hits that price they will go overweight in the stock

[rayrac] 05/12/2019 09:27

Could be, but traders are waiting on Carapa and Suriname outcomes and it appears just small trades are pulling and pushing?

[alfiex] 05/12/2019 09:15

So volatile, no confidence in management hence price being artificially low

[rayrac] 05/12/2019 08:51

Everyone gone shopping?

[jammydodger1] 05/12/2019 07:29

Tonight you people need to research ALGWBIG PLANS 100,000,000 million. Credit facility about to be approved and signed by a leading UK asset managerMcap of this company is only 5m nowWill be multiples And way past 20pDnt be left out in the cold

[sharekitchen1974] 05/12/2019 07:22

I wonder what today will bring, a move to 140p or back to 130p

[spacedust] 04/12/2019 10:58

Once 140p is broken and finishes above 140p there's no stopping it

[mccracken227] 04/12/2019 09:59

Interesting to see Tullow non operated do well!https://www.ig.com/uk/news-and-trade-ideas/tullow-oil-share-price--what-now-after-stock-down-35--since-mid--191203

[mcsean2164] 04/12/2019 00:07

Interesting...

[costax1654x] 03/12/2019 16:58

Carapa next week!Is duster...big fall here,if oil big rally!15% CoS!!!