Tullow Oil Share Discussion Threads

[waldron] 09/3/2020 18:14

Dow plummets 2,000 points, S&P 500 sinks more than 7% amid oil price war
Published Sun, Mar 8 20206:01 PM EDTUpdated Moments Ago

[datait] 09/3/2020 18:13

Cash is king even though its hard to sell there will be others to buy at a huge discount in this market.

[datait] 09/3/2020 18:12

This has further to fall next circuit breaker to go in the US.

[waldron] 09/3/2020 17:34

Price (GBX) 16.00 Var % (+/-) -31.77% (Down -7.45)

High 18.13 Low 10.00

Volume 79,253,510 Last close 16.00 on 09-Mar-2020

Bid 15.91 Offer 15.98

Trading status End of Post Close Special conditions NONE

[icac] 09/3/2020 17:24

Latest news in China is that coronavirus will last until early next year if vaccine can be developed.
Latest poll suggest no one will travel around the world for leisure and that include luxury cruise.
Oil supply will continue to rise while demand for oil will continue to decrease . The biggest oil in demand now is cooking oil as more and more family choose to cook at home..online food orders will also increase and less people choose to eat out in case they catch this deadly corona disease.

[bones698] 09/3/2020 17:20

Wave goodbye to this company it has far too much debt . Can't raise money needed at these levels so will end up swapping d4e soon as the times up on them . This is knackered well and truly.
I did warn people months ago the debt would see this collapse and with the oil prices and recession now looking it's game over . A pity idiot rampers never listen . Too convinced they are clever and know better but it's cost you now and you got what u deserved

[sentimentrules] 09/3/2020 16:59

Now I can see why you are 90% down

Remember I called hur short 50p/60p?

You fought me there too

Must be death by 1000 cuts

Looool

[sentimentrules] 09/3/2020 16:58

No short term debt? Clown

[leoneobull] 09/3/2020 16:57

The Saudis were trying to massively cut production on Friday to boost prices. You are telling me that after 5 years of depleted FX reserves they want a long term price war?

[leoneobull] 09/3/2020 16:54

There is no short term debt SR. Clueless understanding . Just got lucky with the short gamble on coronavirus and Russian and Saudi POO policy.

[sentimentrules] 09/3/2020 16:52

Cheers stumpy

[leoneobull] 09/3/2020 16:51

Why has Saudi Arabia launched an oil price war? Fiscal BE will bring them all back to table ...I will do the CEO role.

[stupmy] 09/3/2020 16:45

It's a bit troublesome that they haven't found a new CEO don't you think? If that is not part of the announcement on Thursday it should really worry those that are not already worried.

Not sure who it was that clamined SR's calls were luck, but that just sounds like sour grapes and stupidiy. He/She called it confidently, didn't deviate despite much opposition to his/her views and we're now sat below his call of 21. Good effort SR, you deserve whatever profits you take.

[costax1654x] 09/3/2020 16:33

25?...you realise the oil below 45 means bankruptcy for them?

[sbb1x] 09/3/2020 16:32

Good results will see 25

[costax1654x] 09/3/2020 16:31

Bad results will take it below 10

[delta_1] 09/3/2020 16:25

Possible takeover ....https://twitter.com/davidburton1971/status/1236541994270363648?s=21

[justjill] 09/3/2020 16:20

Wish I had the money to buy some of these. Seems so obvious. Except if Putin backs down, he'll look like the small man of Russia. There isn't a big record of him backing down, and the Saudis can take the price cut more than Russia.

Who will blink first? That will tell where oil is going now short term. Damage of Coronavirus mostly already priced in?

Though I don't know much. Not a lot of peeps say things like that on here, do they?! lol

[philobeddoe] 09/3/2020 16:09

Subsurface, okay thanks for that much appreciated

[subsurface] 09/3/2020 15:54

Philobeddoe
Full year results. news if any on drilling plans Guyana,production forcasts for ghana
progress on cutting overheads/staff levels,Uganda and Kenya farm down progresss if any
new CEO and exploration director news,
Impact on free cash flow

[yidarmytom] 09/3/2020 15:42

this is going up folks, 25p by Friday as crude recovers

[yidarmytom] 09/3/2020 15:38

What? The total value of your portfolio??

Tom
Clerkenwell
London EC4

[datait] 09/3/2020 15:34

10p next stop I think