Tullow Oil Share Discussion Threads

[jailbird] 28/4/2020 07:45

That would not surprise me and would not rule it out Co is doing it best to raise funds through sell of recent asset but will it be enough ?If it goes sub 20p.. warning signs may be there that not all is as rosy as we think .. that includes me

[whatsthepoint] 28/4/2020 07:40

It might be 6-0 to the shorts at this price but how many goals do you concede in buying back over 150 million shares. What is the length of the game. And that's about all it is to Shorters a game !!!

[waldron] 28/4/2020 07:38

Tullow Oil: Jefferies remains with underperform and a target price raised from 5 to 12 GBp.

[smartie6] 28/4/2020 07:38

Jailbird you’re correct but from the statement it’s just words. The contract needs to be seen and understood.
Wouldn’t it be funny if after a month of last weeks statement they come back to shareholders for funding. Even worse they indicate liquidation.

[jailbird] 28/4/2020 07:33

Just like to know how much Co is making or losing on the 40% non-hedged for 2020This will determine how much profit Co will make overall for this year Do not worry about 2021 as sure oil prices will me higher than current levels by then

[smartie6] 28/4/2020 07:31

I’d like to see the details of the hedge contract. You can hide anything within that statement.

Then break even analysis.

Everything tells me accuracy, accuracy and accuracy.

[jailbird] 28/4/2020 07:30

I have a question "60% of 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 "What is the Cos break even oil price ?

[smartie6] 28/4/2020 07:26

Interesting that analysts are split 50:50 on whether the price of Brent will crash.
Anyone still feel following last weeks euphoria, sheeeeeeeet was it only 2 working days ago, that you’re in a sound place with your investment.
That 40p is stinging my eyes. Wait it’s not 40p but almost 20p. If it was a football match it’d be 6-0 to the Shorts.

[geckotheglorious] 28/4/2020 07:24

Smartie

"60% of 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 "

[cwossingthewubicon] 28/4/2020 07:19

Gecko,

Leon cannot help himself. Born whiney loser.

Doubt he asked himself why only 6,000 of the 50,000 completed the video interview. Nor why the recruitment companies employed by farmers search for Europeans first(lowest cost) and often do not give indigenous populace a fair crack.

Leon is clearly a fascist.Fascists do not accept votes that go against them. And it is not as if it was only ONE vote to LEAVE:

We had EU referendnum 2016
We had GE 2017
We then had Euro elections 2019
GE 2019

4 votes, all to leave.

Leon still wont accept the vote - time for Leon to be imprisoned - well, it's an action that fascists like him would appreciate.

Personally I'd have him lined up against the proverbial wall.

[leoneobull] 28/4/2020 04:37

The Alliance of Ethical Labour Providers, which is the main contract supplier to farms, received 50,000 applications but only 6,000 of these then completed a video interview.Some 900 then rejected job offers from the Alliance, with just 112 of those who applied accepting a seasonal position on a UK farm, the Telegraph reported. Up to 80,000 workers help farmers harvest their crops across the UK, the vast majority of which are from Eastern Europe. However, the coronavirus pandemic has stopped many of those workers travelling to Britain.  

[leoneobull] 28/4/2020 04:35

https://www.dailymail.co.uk/news/article-8263237/Britains-Land-Army-goes-AWOL.html"Just 112 of 50,000 applicants have taken up roles picking fruit and vegetables on British farms after they discovered the rigours of working in the fields".Shortages in doctors and nurses too, sadly.

[cumnor] 28/4/2020 00:03

Astonishing the number of losers, like the two above, on this BB. Fascinating tripe.

[sbb1x] 27/4/2020 23:57

Shorts up according to short tracker, dirty parasites.

[spacedust] 27/4/2020 23:31

Nz eased lockdown
France Germany Spain Italy lockdown ends.

In May many more countries will reopen

[spacedust] 27/4/2020 22:17

Meanwhile wti tanking and Brent following. Now we have to put up with that Smarties pants for a lot longer

[control1] 27/4/2020 19:58

Not that I have any particular axe to grind in this conversation but 1,300 is hardly "flooded", I was expecting to see 10's of thousands...Most Brits do see this kind of stuff as beneath them however, if you missed the furlough and made a loss as a self employed person, supermarkets or this is pretty much the only work out there...Desperate times and all that and boy, those haven't even begun yet...

[cwossingthewubicon] 27/4/2020 18:59

And yes it is "CrossingTheRubicon"
My PC crashed, lost all my bookmarks, and passwords for many websites.
And given my age,no I couldnt remember them all!

[cwossingthewubicon] 27/4/2020 18:58

Oh look, more such evidence.

"Farm flooded with applications from UK workers wanting to pick fruit"

[cwossingthewubicon] 27/4/2020 18:57

Remember the liar, Leoneobull, who claimed Brits were not volunteering to pick for farmers and that we were dependent therefore on Eastern Europeans?
And thus, by default, bizarrely, we needed to Remain in EU!!!!

Contrary to the lies Leoneobull is telling

"Brits applying for fruit picking jobs ‘are being rejected in favour of cheaper foreigners’"
BRITS applying for fruit picking jobs are being rejected over foreigners because they do not need to live in on-site accommodation, furious applicants claim.
Farm owners are instead hiring cheaper Eastern European workers who live in fleets of mobile homes based on their land — because they can dock food and housing costs
from pay.

Brits who live locally to farms already have their own homes — and will “cost farmers more money” to hire, it is claimed.

The damning accusations come in spite of a government drive to encourage furloughed British workers to apply for some 80,000 seasonal jobs across the country in the wake of the coronavirus crisis.

The farming industry has warned that thousands of tonnes of fruit and vegetables will rot in fields if the vacancies aren’t filled.

Some 35,000 Britons are said to have applied for seasonal worker vacancies so far.

Yet despite the patriotic call to arms, some 150 “critically important” Romanian fruit and vegetable pickers landed at Stansted Airport on Wednesday before being transported by buses to a 7,000 hectare super farm in East Anglia.

They will live in a fleet of existing accommodation on farmers' land, where they are usually charged around £70 a week for the privilege which is docked directly from their pay.

Brits who have applied for jobs say they have been rejected for “lacking experience” – despite adverts insisting “full training” will be provided.

Others, who come from agricultural and farming backgrounds, have simply been ignored.




Landscape gardener Anthony Hicks, 37, from Chessington, Surrey, applied for numerous fruit picking roles — but only heard back from one.
He said: "They said I'd not been accepted, no reason given.
"I have worked in vineyards, picked grapes, done landscape gardening for a decade.
"I'm willing to work and get off my backside and I don't understand why I'm not suitable.

“We’re hearing it over and over again, that hundreds of people we know are applying for these jobs but it’s clear the farms simply do not want British workers.”

[sbb1x] 27/4/2020 16:15

Low volume.Gold fish traders getting bored