Tullow Oil Share Discussion Threads

[pro_s2009] 25/1/2020 16:50

Cannot see it happening, they will not achieve any good valuation.

Late 2020 or early 2021 a massive fund raising is the most likely outcome. Maybe 900m US$ in a significantly discounted placing is my view of what will happen.

[leoneobull] 25/1/2020 16:48

Brent below 60. Tlw needs a sale of one of its big assets.

[waldron] 24/1/2020 17:31

Brent Crude Oil NYMEX 60.52 -2.45%
Gasoline NYMEX 1.53 -2.98%
Natural Gas NYMEX 1.87 -1.73%
WTI 54.13 USD -2.71%


FTSE 100
7,585.98 +1.04%
Dow Jones
29,052.13 -0.37%
CAC 40
6,024.26 +0.88%
SBF 120
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Euro STOXX 50
3,779.16 +1.14%
DAX
13,576.68 +1.41%
Ftse Mib
23,930.51 +0.94%

Eni
13.47 +0.09%



Total
47.385 +0.14%

Engie
15.5 +0.00%


Bp
486.1 +0.82%

Vodafone
156.5 +1.49%

Royal Dutch Shell A
2,187 +0.67%

Royal Dutch Shell B
2,200 +0.96%

[teamwork1] 24/1/2020 17:28

Oil not looking good

[waldron] 24/1/2020 17:07

Price (GBX) 51.94 Var % (+/-) +3.88% (Up +1.94)
High 51.98 Low 50.22
Volume 15,475,900 Last close 51.94 on 24-Jan-2020
Bid - Offer 51.70
Trading status Post-Close Special conditions NONE

[sbb1x] 24/1/2020 16:19

Everyman and his dog knows this is worth minimum 70p right now today

[littlepuppi7] 24/1/2020 16:04

Someone is buying..

[earwacks] 24/1/2020 13:35

It seems fairly evident as Petroleum Economist state 'There is no quick fix for TLW. Too many balls in the air. If they can sell Kenyan stake that would be good. Pay down debt and/or drill more Guyana. Price of oil may be key here. They have already had to write down average price from $75 to $65. Its not inconceivable there could be another reduction. In which case are they not better off sorting the problems out to increase what is already in production. The Peru drill at the end of this month could provide a welcome relief if successful. Its going to be a volatile year for sure.

[jimarilo] 24/1/2020 13:18

Tullow holding back on drilling Guyana wildcats

[leoneobull] 24/1/2020 12:00

Correction Rubicon. Last few years

[crossing_the_rubicon] 24/1/2020 10:00

"Leoneobull23 Jan '20 - 19:21 - 40654 of 40664
Most people have to work Rubi CON. The attempt at rhyming slang was feeble"

Not as feeble as your Anti Brexit drivel over the last few months!

[billy_buffin] 24/1/2020 09:27

Marina-1 well, Peru: "Stena Forth" under way again and close to drill site.

[ny boy] 24/1/2020 09:16

Momentum players back, buying the pull back the same with (PPS) nice buying after a 20% tree shake.

[littlepuppi7] 24/1/2020 08:47

Agree. From these levels that is very possible

[rinato5] 24/1/2020 08:14

It might go up 20% in one day anytime.....

[littlepuppi7] 23/1/2020 21:41

Oil and Dow strong finishes. Could be a decent day tomorrow especially news if offers could emerge at the weekend..

[burial] 23/1/2020 21:29

Buyers will need to look very carefully at the details of Tullow's Kenyan asset. IMO, it's a pig in poke.

[sentimentrules] 23/1/2020 20:41

Only to short it. I wouldn't even take any tlw stock as a gift. Might contaminate others

[smartie6] 23/1/2020 20:10

Leon, why do you believe this share is worth £1.20? Please clarify.

[smartie6] 23/1/2020 20:02

Disastrous?

Will there be another substantial write off?

How much is this share really worth?

SR, would you go anywhere near it?

[leoneobull] 23/1/2020 19:21

Most people have to work Rubi CON. The attempt at rhyming slang was feeble.

[crossing_the_rubicon] 23/1/2020 17:10

"Leoneobull23 Jan '20 - 14:44 - 40649 of 40652
I cant show a valuation as I'm busy at work. I cant give up the day job with share price languishing at 50p LOL"

I don't feel your pain, that's why I didn't vote Remain!

Thankfully
Touch wood.
There but for the grace of god.