Tullow Oil Share Discussion Threads

[smartie6] 21/4/2020 12:15

Whites, yawwwwwwwwwwwn.

[whites123] 21/4/2020 12:12

Tullow Update:

As outlined at Tullow's Full Year Results, the impact of reduced oil prices is mitigated by the Group's robust hedging strategy. Tullow has 60% of its 2020 sales revenue hedged with a floor of c.$57/bbl and 40% of 2021 sales revenue hedged with a floor of c.$53/bbl. Tullow's realised oil price in January and February 2020 was c.$62/bbl and following the recent price drop, hedging receipts of c.$30 million are forecast for March 2020.

[smartie6] 21/4/2020 12:09

Whites. Yawwwwwwwwwwwn.

[whites123] 21/4/2020 12:02

I would value any opinions on our choice of CEO I had a look at Dolonex Operations in Chad Ethiopia and with Tullow in Kenya

Chad has proved a difficult environment for the big oil companies with many leaving
so he will have Africa experience for sure







interested to know what our posters think?

On the face of it a superb choice.
Certainly has the calibre to take the reigns, but moreso contacts..
His contacts and associates are what is likely to be extremely important going forward.
We are certainly due some newsflow in the coming months now.
He will be ensuring everything is in place to in his words.
"re-build an exceptional business."
Rahul Dhir has ties with Uganda and I expect to see some great updates.

He has a couple of years to get this righted.
We have 60% of 2020 production hedged at > $57
And we also have 40% of 2021 hedged at > $53

(Best ignore the silly fools who predict doom... They know not what they say)

[smartie6] 21/4/2020 11:51

I think he said he’d be okay with you ending it all.
Real scummy comment.

[investor114] 21/4/2020 11:25

Cheers jas0701.

[subsurface] 21/4/2020 11:24

I would value any opinions on our choice of CEO I had a look at Dolonex Operations in Chad Ethiopia and with Tullow in Kenya

Chad has proved a difficult environment for the big oil companies with many leaving
so he will have Africa experience for sure







interested to know what our posters think?

[jas0701] 21/4/2020 11:15

hey investor114thanks for pointing out DDDDI think you're right it's a cure for Covid 19 that is most needed right now. cheers Jas

[whites123] 21/4/2020 11:13

Tullow Update:

As outlined at Tullow's Full Year Results, the impact of reduced oil prices is mitigated by the Group's robust hedging strategy. Tullow has 60% of its 2020 sales revenue hedged with a floor of c.$57/bbl and 40% of 2021 sales revenue hedged with a floor of c.$53/bbl. Tullow's realised oil price in January and February 2020 was c.$62/bbl and following the recent price drop, hedging receipts of c.$30 million are forecast for March 2020.

[yidarmytom] 21/4/2020 11:13

Target price = 0p

[asusasus] 21/4/2020 11:09

Looks like they are going bust.

[whites123] 21/4/2020 10:51

Tullow Update:

As outlined at Tullow's Full Year Results, the impact of reduced oil prices is mitigated by the Group's robust hedging strategy. Tullow has 60% of its 2020 sales revenue hedged with a floor of c.$57/bbl and 40% of 2021 sales revenue hedged with a floor of c.$53/bbl. Tullow's realised oil price in January and February 2020 was c.$62/bbl and following the recent price drop, hedging receipts of c.$30 million are forecast for March 2020.

[ronwilkes123] 21/4/2020 10:35

Smartie my son was right all along

[investor114] 21/4/2020 10:30

Oil stocks not the stocks to be in now... its Bioteck and Pharma looking for a cure for the virus.


4d Pharma(dddd) might be worth a look at but as always DO YOUR OWN RESEARCH.

[ronwilkes123] 21/4/2020 10:28

TullowHurricaneAnymore for the knackers yard list

[smartie6] 21/4/2020 10:26

Brent 21.3 dad.
Can you fix my tullow toy please it looks like it’s fkd?

[ronwilkes123] 21/4/2020 10:25

Tbf with Brent collapsing today all eps will be losersNot a time to be holding indebted oilers

[ham74] 21/4/2020 10:04

So WTI May contract expires today. Volumes traded have been very low, so In effect June is already the liquid contact. When does Brent front month expire? Same day or another day?

[sbb1x] 21/4/2020 09:54

My accumulation of tlw shares is amazing on these large swings, I'm such a looser lol

[smartie6] 21/4/2020 09:39

15.8p, come on 12p. LMAO.

[smartie6] 21/4/2020 09:38

Cumnor all cash with the exception of a £10k holding in Drax. Waiting Exdiv this Thursday. What did a lose on the fall to 23rd March? 0.5%. What did others lose, the lot. Lol.

[cumnor] 21/4/2020 09:31

Filtered dolts like smartie, sbbix, torr etc a while back-they know they are losers who lost out big on this and are as bitter as hell-problem none has a pot to p..s in or the means to even get in at these great prices-thus their wishful thinking.

[eodfire] 21/4/2020 09:27

Thanks for your posts this morning. Good to see someone here with a level head and sensible comments. Good luck.