Tullow Oil Share Discussion Threads

[wildsheroo] 22/4/2020 17:05

I'm aware of TLW hedging, that's doesn't support the fall from 27 to 16p recently.Oil dipped since market closed, it's below $21 now.

[asusasus] 22/4/2020 17:03

50p that would be awesome! Dow flying. More of the same tomorrow please!

[whites123] 22/4/2020 16:57

Wildsheroo22 Apr '20 - 16:46 - 47164 of 47165
0 0 0
It all depends how oil price play out during the nights.
With oil price volatility TLW is not the one to hold over night.


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

Please please please explain why wildsheroo22.
For weeks TLW has been played by daytrading fools.
There is a correlation between TLW and Oil, of course there is, but with 60% hedged for 2020 the correlation is disproportionate to the swings.
Spread betters, CFD's, Leveraged gamblers having so much fun.

[spacedust] 22/4/2020 16:57

This week has been a classic case of the transfer of funds from the impatient to the patient.

A good rns tomorrow and 50p in May 2020

[f0rl0rn] 22/4/2020 16:54

And white box 0.21%

[sbb1x] 22/4/2020 16:51

Glad your eyes work.It's just be updated,Citadel just poke there head above the 0.5% threshold

[f0rl0rn] 22/4/2020 16:50

When the last time you checked short position 7.78%

[sbb1x] 22/4/2020 16:46

The perfect storm.1 Big guns adding.2 Sammy buying3.shorters needing stock.Remember the big fat numbersXyz150m140mWow!

[wildsheroo] 22/4/2020 16:46

It all depends how oil price play out during the nights.With oil price volatility TLW is not the one to hold over night.

[ein4] 22/4/2020 16:42

Should be a good day here tomorrow , plenty of news to come?Unusual to see Goldman Sachs buying into a small cap stock, they hopefully do not expect it to stay small?

[spacedust] 22/4/2020 16:38

The kids have bailed out back to their Smarties. They'll get lots of other opportunities in yrs to come

[aljm] 22/4/2020 16:37

already marked up ,

[sbb1x] 22/4/2020 16:35

Closed Ut 20.29Gap up in the morning chaps ?

[sbb1x] 22/4/2020 16:29

20p paid.Now where are all those derampers I had to battle with this morning... lol

[spacedust] 22/4/2020 16:28

Well done kevin

[spirito] 22/4/2020 16:26

first time I got one right!

[sbb1x] 22/4/2020 16:22

High of the day being paid....Mid 20s tomorrow!

[spirito] 22/4/2020 16:21

desperate last minute buying

[suffolkjim] 22/4/2020 16:09

Yes, because Goldman Sachs will be daytrading Tullow won't they?

[cool hand kev] 22/4/2020 16:09

I'm expecting the new CEO to be rather UPBEAT.

[maxplus2] 22/4/2020 16:02

Thst was on 17th April. No doubt they sold when it rose a few days ago

[sbb1x] 22/4/2020 15:51

Happy to see positive posters are back on the board.!!!!!!!!!!!Good Rns tomorrow and we are mid 20sKEEP IT UP LADS.