Tullow Oil Share Discussion Threads

[costax1654x] 09/3/2020 20:59

In 2 yr time Tlw needs to pay 800 mil

[sentimentrules] 09/3/2020 20:31

Canadian sorry i missed you today - maybe you were too busy getting mounted by TLW

You certainly will see me thursday

question is, will you see tlw?

[leoneobull] 09/3/2020 20:29

"People will have to take a view of how sustainable these oil prices are. If oil prices stay in the $30s, a lot of companies will struggle," said David Round, an analyst with BMO Capital Markets in London. "But in Tullow's defence, they do have a good amount of liquidity, have not near-term [debt] amortisations, and are pretty well hedged at much higher oil prices this year."https://www.irishtimes.com/business/energy-and-resources/tullow-oil-bonds-slump-as-focus-turns-to-2-8bn-debt-1.4197620

[turvart] 09/3/2020 20:10

ha ha ha is DB cooper moaning again.

[watfordhornet] 09/3/2020 19:22

"Only"?Sign of how desperate the market is

[up just a little bit] 09/3/2020 19:14

Whetherspoons will rock

[benny shares] 09/3/2020 19:10

Worst is yet to happen, now that BJ's health advicer has given the go ahead to take a 7 day break isolation if your suffering a fever or anything resembling the flu... no wonder Tescos shares ended the day slightly up!

[sentimentrules] 09/3/2020 18:53

Don't think many realise..you are witnessing much worse than the start of the financisl crash

[stupmy] 09/3/2020 18:51

It's already sending them to the wall and there will be others. Remember the following argument put foward I believe by 'Norm' Excessive intake of alcohol, as we know, kills brain cells. But naturally, it attacks the slowest and weakest brain cells first. In this way, regular consumption of beer eliminates the weaker brain cells, making the brain a faster and more efficient machine. That's why you always feel smarter after a few beers."

The market will still be there when this is over, but will we?

[leoneobull] 09/3/2020 18:42

Let's say they generate minimum FCF for 6 months. Disappointing, but once POO recovers , throw in an asset sale, gas flaring to raise production, they can still pay down debt. I recall 2016 when I first bought in . Brent hit 26 usd. I got in about 35 or so..

[up just a little bit] 09/3/2020 18:38

NHS England figures show that approximately 17000 people die each year of Flu.
COVID19 is expected to kill 350.

The herd mentality has cost thousands of jobs and will send hundreds of companies to the wall.

The press are the single most unscrupulous sector who are directly responsible for the current financial and medical rumour mill.. costing real people their livelihoods.

[costax1654x] 09/3/2020 18:38

From their updates

[costax1654x] 09/3/2020 18:37

Tullow expects to generate underlying free cash flow of at least $150 million from 75,000 bopd at $60/bbl.

[whites123] 09/3/2020 18:32

Costax1654x9 Mar '20 - 16:33 - 42721 of 42736
0 0 0
25?...you realise the oil below 45 means bankruptcy for them?

SILLY boy.
Solvency = liquidity.
Majority of 2020 production hedged at > $57
Results on Thursday.
No short term debt due.
2021 debt is covered by 2019 FCF
Silly statements for what reason? After all you have no position here, not even a CFD or a SB, let alone a naked short.

[sentimentrules] 09/3/2020 18:21

As a wise man once said. .

"You could analyse for days. .but it still means a loss if the smart money that moves a market isn't agreeing. "

....

When you analyse..how do you know your view is institutional outlook too? Their broker ratings? Loool

[sentimentrules] 09/3/2020 18:19

I know little about it now too. All I care about is what da money thinks. And trust me, they know far more than any of us

But basics like debt and that? 2 second research

[leoneobull] 09/3/2020 18:18

Sr difference is I followed tlw closely since 2016, you admitted you knew little about it when you started shorting it

[waldron] 09/3/2020 18:16

Dow Jones
23,889.28 -7.64%

[datait] 09/3/2020 18:16

Trump will leave them to fight it out.

[leoneobull] 09/3/2020 18:15

Bones. I suppose you know better than the African investor who has bought 12% and have forgotten about the 45000 hedged at 57 usd in 2020????