Tullow Oil Share Discussion Threads

[sentimentrules] 15/1/2020 21:44

Should watch that FT documentary

It's amazing

[sbb1x] 15/1/2020 21:41

I dont believe in climate change either, its 2nd biggest scam after the #EUMAFIA

[sbb1x] 15/1/2020 21:40

Thank you for sharing that. Lots of big guns asking questions.

[sirrux] 15/1/2020 21:35

Remember Chicken Little?

[bootycall] 15/1/2020 21:35

Sentiment Rules When I said the FCA should ban shorting, I never thought that you would present such a good case for me. This company has numerous pension and retirement funds as investors ... not to mention private investors backing it... and you think “burning it to the ground” is a legitimate pastime . WTF!

[sentimentrules] 15/1/2020 21:25

Watched a great documentary that proved it unequivocally. FT

[sentimentrules] 15/1/2020 21:24

Don't believe in climate change. It's a myth

[sirrux] 15/1/2020 21:20

Not burn surely? That wouldn't be carbon neutral!

[the grumpy old men] 15/1/2020 21:09

teamwork1
15 Jan '20 - 21:07 - 10 of 10
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[teamwork1] 15/1/2020 21:07

https://seekingalpha.com/article/4317081-tullow-oil-plc-tuwlf-q3-2019-trading-update-conference-call-transcript

[sentimentrules] 15/1/2020 20:58

I think the best thing to do here is ask the shorters to burn tullow to the ground, so it can't catch future investors

[teamwork1] 15/1/2020 20:55

https://seekingalpha.com/article/4317081-tullow-oil-plc-tuwlf-q3-2019-trading-update-conference-call-transcript

[leoneobull] 15/1/2020 20:51

Do you have a discount card there Asa?https://shorttracker.co.uk/company/GB0001500809/

[sirrux] 15/1/2020 20:47

I'm sure you've all see Africa Oil Corps deal, up 15% today. Will the TLW BOD get their heads out of looking down the hole and do something? Just look at peers and what the ex-boss (AH) is up to for clues! Why would they be looking at efficiency when Africa is the growth spot? To get out of debt, you need to be bigger so the debt is smaller - that's what the US does, although arguably they are not outpacing the debt growth by much at all, another story. If TLW take their cues from the debt holders, they will continue to shrink and yes they will pay off the debts but there will be no business left! The debtholders just want the equity holders to pay them off so they can go elsewhere, they have no interest in TLW's long term prospects.

[amaretto1] 15/1/2020 20:31

How olds that ???

[bootycall] 15/1/2020 20:28

EdmundJ The point you make about correlation to oil prices is a fair one. Please watch the video I posted about shorting algorithms.. you might find it enlightening... but only if your willing to listen . Must admit those “told you so” articles like the FT throw a massive dose of cold water for any enthusiast to swallow. Shame they can’t raise the bar of reasoned argument beyond the bloody obvious . If oil prices are to collapse in a decarbonising world, it is the least efficient fields which go first. Heavy oil, GTL projects, etc., Then what happens to US shale oil production ( even if it could turn a profit) if the Democrats get elected ? The shameful widespread practice of flaring, currently allowed to excess by the Texas Railroad Commission, would almost certainly be stamped out.. have you ever considered the carbon emissions per barrel from shale...especially as the gas/liquids ratio climbs dramatically as the major decline curve sets in .

A sophisticated view of the E&P sector will acknowledge that it is the companies with large scale fields with good fiscal terms and high well productivity which will survive and prosper . Most E&Ps worth their salt with conventional production have had to re establish fully costed operating break evens down in the mid $40’s per barrel. If Governments want reserves to be exploited they will have to improve licence terms if access to capital becomes an issue. Even if, the oil companies become more vilified than the tobacco companies, this has 30/40 years to play out.
Now watch the private equity teams laugh at our sudden carbonisation guilt trip and snap up oil and gas assets on the cheap. When the City becomes irrational , as it has done many times... it is the industry players who set the agenda not financial journalists. I am sure some competitors will try and steal assets below market... but Tullow is not a forced seller... as people will come to realise. Have to hand it to the bears they appear to have caught Dorothy with her drawers down...she wanted to have all her ducks in a row before letting people know there was a future for this Company. Nothing wrong with the asset portfolio... just a short term opportunity for shorters to reap havoc. The single biggest cause of the production guidance decline is the failure of the Government of Ghana to take its allocation of free gas...now I though that was a relatively carbon friendly source of energy !

[the grumpy old men] 15/1/2020 20:15

Texaschaser
15 Jan '20 - 19:26 - 5 of 5 MODERATED (Filtered)


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[sirrux] 15/1/2020 19:53

Yeah I agree with that. The diversity of views matter, that's what makes life exciting. Imagine if we all agreed 100% of the time!

[sentimentrules] 15/1/2020 19:49

Be 40p at close if they had. Maybe less caught out

[sentimentrules] 15/1/2020 19:49

Surprised none of them quoting true short interest too in the media