Tullow Oil Share Discussion Threads

[waldron] 06/4/2020 13:59

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Home » Reports » Broker Ratings » Tullow Oil plc 50.3% Potential Upside Indicated by JP Morgan Cazenove
Tullow Oil plc 50.3% Potential Upside Indicated by JP Morgan Cazenove

Posted by: Amilia Stone 6th April 2020

Tullow Oil plc using EPIC/TICKER code (LON:TLW) had its stock rating noted as ‘Reiterates217; with the recommendation being set at ‘NEUTRAL’; this morning by analysts at JP Morgan Cazenove. Tullow Oil plc are listed in the Oil & Gas sector within UK Main Market. JP Morgan Cazenove have set their target price at 26 GBX on its stock.

[waldron] 06/4/2020 13:58

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CentralNic Group In line and expects to remain resilient

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Home » Reports » Broker Ratings » Tullow Oil plc 50.3% Potential Upside Indicated by JP Morgan Cazenove
Tullow Oil plc 50.3% Potential Upside Indicated by JP Morgan Cazenove

Posted by: Amilia Stone 6th April 2020

Tullow Oil plc using EPIC/TICKER code (LON:TLW) had its stock rating noted as ‘Reiterates217; with the recommendation being set at ‘NEUTRAL’; this morning by analysts at JP Morgan Cazenove. Tullow Oil plc are listed in the Oil & Gas sector within UK Main Market. JP Morgan Cazenove have set their target price at 26 GBX on its stock.

[anslow] 06/4/2020 13:56

What's the buys v sells anyone with L2, surly 3-1 in favour of buys, this will pop soon

[spacedust] 06/4/2020 13:55

This was 1600p why on earth is it 24p.

[tidy 2] 06/4/2020 13:49

Brent spiking up again.

[talk2dubya] 06/4/2020 13:48

Also trying to inflate the PoO when the economy is contracting is not a great look for Trump.

Higher prices = higher stock market, that is his main interest in higher PoO but I would say the markets are screwed anyway.

[f0rl0rn] 06/4/2020 13:43

The Russians and Saudis are not going to take any notice of the U.S. unless it too agrees to cut its own oil production; which Trump is not keen to do because a further loss in jobs will hurt his chances of being re elected this year. His immediate political goal is to get people back to work.Precisely..... very doubt on any deal on Thursday, watch Saudis bringing oil prices to the floor

[tidy 2] 06/4/2020 13:42

Massive news on Friday put a lot of concerns to bed. Future proofed and oil cut talks in progress. Shaping up well and shorts need to close or risk wipeout.

[molatovkid] 06/4/2020 13:42

Jackthecat....buy low, sell high mate....oldest rule in the book son.

[anslow] 06/4/2020 13:42

This be the calm before the rise

[jackthecat1] 06/4/2020 13:36

if this was worth buying at 28p ( today) why on earth was it ever at 8p??

Just pure crookery if ever i saw it. this isnt investing, just plain gambling.

[anslow] 06/4/2020 13:28

It's the perfect time to do a good deal

[jarega85] 06/4/2020 13:24

What would someone buy from them in this market?

[anslow] 06/4/2020 13:00

I also think Sam will issue some CEO news this week and hopefully an asset sale would be the cherry on the cake

[sirmark] 06/4/2020 12:59

Totally agree, a nice big push this afternoon to close 35p would be nice :)

[anslow] 06/4/2020 12:53

This will explode over 30p today, the buying is relentless, they can't hold it back forever

[azalea] 06/4/2020 12:51

The Russians and Saudis are not going to take any notice of the U.S. unless it too agrees to cut its own oil production; which Trump is not keen to do because a further loss in jobs will hurt his chances of being re elected this year. His immediate political goal is to get people back to work.

[babbler] 06/4/2020 12:51

Or this morning

[teamwork1] 06/4/2020 12:46

Dow futures up by 800 points so hopefully this should go back up to 30, I wish I bought when this was 8p now I would have been in profit.

[waldron] 06/4/2020 12:46

talk2dubya
6 Apr '20 - 12:45 - 45529 of 45529
0 0 0


If they don’t do a deal he will be lucky to get 20 IMO




Energy
April 04, 2020 18:34
Putin Government Rewriting Budget at $20 Oil in 2020
Putin Government Rewriting Budget at $20 Oil in 2020
Putin Government Rewriting Budget at $20 Oil in 2020
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P resident Vladimir Putin’s government is rewriting its budget to prepare for oil prices at $20 a barrel this year despite US-led efforts to get major producers to rein in production.

To cope with lower budget revenues, Russia will ramp up borrowing by about 1 trillion-1.5 trillion rubles ($13 billion-19 billion) this year, according to people familiar with discussions who asked not to be named because talks are ongoing, Bloomberg reported.

The finance ministry estimates the budget shortfall will total 3 trillion-4 trillion rubles ($39 billion-52 billion) this year, the people said.

Putin has been keen to show that the economy of the world’s biggest energy exporter can cope with the 50% plunge in oil prices this year even as other oil producers struggle.

President Donald Trump called for a coordinated production cut late Friday, prompting attempts by the OPEC+ coalition to pull together a meeting of its members.

The budget proposals were likely in the works long before Trump’s latest push as Russia’s policymakers adapt to the new conditions. A nationwide shutdown starting this week is adding an extra strain on the economy, prompting calls for increased spending.

“If the forecasts of a 15-20 million barrel reduction in demand turn out to be right, then no production cut will help raise oil prices,” said Kirill Tremasov, head of research at Loko-Invest in Moscow and a former economy ministry official.

“The Russian government is doing the right thing, preparing for difficult times and a low oil prices. There are no other options,”

The finance ministry did not respond to a request for comment.

[talk2dubya] 06/4/2020 12:45

hxxps://financialtribune.com/articles/energy/102675/putin-government-rewriting-budget-at-20-oil-in-2020

If they don’t do a deal he will be lucky to get 20 IMO

[tidy 2] 06/4/2020 12:44

Yep shorts need to find 88.2m shares to close positions with the declared positions.