Tullow Oil Share Discussion Threads

[volsung] 12/3/2020 07:46

It’ll be a volatile day thats for sure

[the canadian mounted] 12/3/2020 07:45

Going to enjoy my day do you know why?
Because I don’t Day trade.
Well time to have breakfast and enjoy the sunshine.catch you losers later 👋

[honestmarty] 12/3/2020 07:43

20p??
Halve that and subtract 2p

[honestmarty] 12/3/2020 07:42

LOL

You are a funny guy Volsung.

[sbb1x] 12/3/2020 07:42

This share is for trading nothing more at this time.

[pro_s2009] 12/3/2020 07:42

I did say TLW need a massive placing end of 2020/early 2021.

Guyana is the big pull......billions of cretaceous barrels to attract interest.

However, the placing price.......well, going to be very low - alternatively a very lowball hostile takeover offer.

Eithr way equity shareholders will get rinsed over a few times......thats just the way it is.......TLW will survive but everyone might lose a load more money from here.

[tracy_moore] 12/3/2020 07:39

CAPS LOCKS LOADED THEY ARE GETTING ANGRY AND MEAN BUSINESS LMAO ! grow up girls.

[volsung] 12/3/2020 07:39

These are hitting 20p today

[money mad] 12/3/2020 07:38

Oil demand does not drop of a cliff even in recession . Population size is still growing and we still need oil . If fracking goes under , there won't be enough oil - end of . Prices will readjust . I think it's clear 92 percent off the price of tullow has taken account of the worst case situation . Budgets in shale already being slashed . Tullow have time and options.

[yidarmytom] 12/3/2020 07:37

I'll be buying mid-morning at sub 10p

[idoflykathy] 12/3/2020 07:37

CANADIAN GERBILS, PREPARE FOR MOUNTING!!!

[smartie6] 12/3/2020 07:33

It’s time the rampers went for a walk in the fresh air. Thought about the current position. When you’re so far underwater you’d even argue black is white in the hope of a turnaround.
Anyone seen the futures today, and that after a U.K. stimulus package and budget the likes we’ve only seen once in a lifetime.

[leoneobull] 12/3/2020 07:33

Oil sales hedgedToday 07:1260% of 2020 sales revenue hedged with a floor of $57/bbl; 40% of 2021 sales revenue hedged with a floor of $53/bbl45 usd breakeven........or a lot lower than most sovereign producers....like SA who need 60 USD to implement their vision 2030 diversification strategy

[sentimentrules] 12/3/2020 07:32

CANADIAN

SPARTANS MOUNT YOU IN 38 MINs AND SLAY YOUUUU

[the canadian mounted] 12/3/2020 07:32

Bye bye losers 👋

[honestmarty] 12/3/2020 07:32

A difficult day ahead for you Canada.

It was only money.

[novicetrade68] 12/3/2020 07:31

Obviously key and see how it fits into their debt commitments and hope POO recovers somewhat after the 18th of March.

-- Portfolio management planned to raise in excess of $1 billion of proceeds, further streamline the business and reduce gearing

[the canadian mounted] 12/3/2020 07:31

Sad sad benefit boys

[volsung] 12/3/2020 07:31

They are hedged until 2021

[smartie6] 12/3/2020 07:30

He’ll never thank you as it would show him to be two faced but in his bed he’s probably smiling.

[nw99] 12/3/2020 07:30

Net debt ($m) 2,806

[volsung] 12/3/2020 07:30

Shorts are toast.