Tullow Oil Share Discussion Threads

[icac] 23/3/2020 08:42

Takeover deal could well be as much as £1 plus take on tullow debts.. share holders face similar situation as Debenhams scenario ...

[icac] 23/3/2020 08:39

Hi SBB. Hi Mr white... spoke with some people who currently work in china south sea . They state China plan to keep restoring their oil reserves out there and China president Xi plan to help the world battle coronavirus as well as takeover many struggling businesses around the world to show China dominance as global force while USA struggle under Trump.
Tullow ,PMO could be China's target

[justthemoney] 23/3/2020 08:37

TLW fair value taking into account hedges in place and current oil price is 109p per share. Market obviously doesn't believe equity will survive hence the massive share price drop. Short term successful RBL redetermination is the key, followed by a more optimistic CEO. OIL is most likely to have a V shape recovery, wider market U shape. Folks, there is a genuine shortage of OIL in the world. OIL will be USD100+ within two years. Many OIL producing countries were obliterated, no new investment into conventional OIL since 2014, shale is a "hot air" that'll fizzle out within a couple of years. I've written off my TLW shares as I believe deals have been done to push the company into admin and sell it off for £1 + debt. IMO, DYOR

[sbb1x] 23/3/2020 08:20

Mkt cap 137 million, even now should be closer to 350m = 25p per share.

[sbb1x] 23/3/2020 08:17

Getting more money Thursday/Friday will be adding here

[sbb1x] 23/3/2020 08:15

Close your shorts boys it's a crowded trade.140 million shares needed to close.!

[sbb1x] 23/3/2020 08:07

Novak meeting oil companies at 5pm today.

[sbb1x] 23/3/2020 08:07

Shorts getting squeezed elsewhere and needing to bank profit here would be great

[sbb1x] 23/3/2020 08:04

Total just borrowed 4b , I wondering if there making a move finally for Tlw

[ltcm1] 23/3/2020 08:02

Will crude hit the teens today???

[benny shares] 22/3/2020 23:45

It's not the capital city of most of the countries worldwide but the financial districts that seem to be the most effected with coronavirus :(

[spacedust] 22/3/2020 19:03

15000 cases in the USA in 24hrs!!!!

[sbb1x] 22/3/2020 15:54

If shale fall, the lenders fall, then America falls.Saudi either cut production or bombs fall all over Saudi Arabia, they have a choice cut or bombs

[texas ranger] 22/3/2020 09:18

Who's left holding the baby.

[leoneobull] 22/3/2020 05:13

SA damned predictive text

[leoneobull] 22/3/2020 05:12

Ft.com Pompeo to talk to SS this week.Brent rises above $30 a barrelOil benchmark remains less than half its price from JanuaryMarch 20, 2020 11:49 am by Derek Brower and Anjli Raval in London and Henry Foy in MoscowBrent crude oil, the global benchmark, briefly rose above $30 a barrel in the European morning, pushed higher by new government measures to combat the economic impact of the coronavirus and reports that President Donald Trump could intervene in the Russia-Saudi price war.Brent was up as much as 6 per cent in early trading, a gain of almost $2/b, to touch $30 a barrel, its highest price in four days. Softness in the dollar also helped support the contract, which gave up some of the gains to trade just under $30 just before midday in London.West Texas Intermediate, the US benchmark, was up by around 8 per cent, to more than $27/b, following a 20 per cent rally yesterday."The oil market remains characterised by extreme volatility," said Carsten Fritsch at Commerzbank. "The current price gains could soon collapse again."Both benchmarks remain less than half their price from January, weighed down by the collapse of global oil demand and expectations of a new wave of supply from Saudi Arabia and Russia following the collapse earlier this month of their pact to cut production.President Trump said yesterday that he would "get involved" in the market share war between Saudi Arabia and Russia at the "appropriate time". He and secretary of state Mike Pompeo have been lobbied by oil executives and congressmen from oil-producing states to ask Saudi Arabia to end the price war, said people familiar with the efforts.Mr Pompeo will have a conversation with Saudi leadership later this week, according to one person familiar with the matter.The Texas Railroad Commission, which regulates the state's oil and gas business, was reported yesterday to be considering restricting some output. US Senators have also called for an import ban on Saudi and Russian oil.Traders have also focused on comments from Russia suggesting its resolve may be softening.This week Russian officials have spoken publicly about the economic pain facing the country amid low oil prices, yet it seems the Kremlin is not yet preparing to change strategy. Russian presidential spokesman Dmitry Peskov told TASS that President Vladimir Putin has no plans for telephone conversations with Saudi leaders. "Not yet," he said.The comments come even as some energy executives are pushing for Moscow to resume bilateral talks. Leonid Fedun, vice-president of Russian oil major Lukoil, said: "It is necessary to reach agreements again, though for doing that it is necessary to overcome the pessimism of those who thwarted the deal."Analysts were sceptical that Russia's position was softening. "Saying you are willing to talk and saying you are willing to cut are two different things," said Giovanni Staunovo, commodities analyst at UBS.Mr Staunovo said today's rally was supported by the weaker dollar and President Trump's comments and more positive risk sentiment in the market, but was doubtful the rally would last."The potential for more mobility restrictions around the globe might drag oil demand further down and weigh again on prices," he added

[leoneobull] 22/3/2020 04:47

https://www.thetimes.co.uk/article/dont-visit-mum-today-its-the-best-way-to-show-you-love-her-zzt7592ph

[ammu12] 21/3/2020 16:48

Pompeo dispatched to talk to KSA to end price war with Russia. Mike Pompeo to ask SA to cease price war (FT)

[shujja1] 21/3/2020 13:19

Trust me with the elections coming up that is Trump's thinking

[shujja1] 21/3/2020 13:18

It's the only way out to make the stock market stop collapsing to talk to the Saudis and the Russians to bring oil price up to comfort the index

[ammu12] 21/3/2020 12:22

U.S. to send envoy to Saudi Arabia; Texas suggests oil output cuts #oott

[subsurface] 21/3/2020 07:28

Thanks stay safe

[leoneobull] 21/3/2020 07:21

Holdings RNS.

[turvart] 21/3/2020 07:19

N73,

They should just suspend World stock markets.