Tullow Oil Share Discussion Threads

[topazfrenzy] 11/6/2020 08:45

Could we see single figures here again, probably not

but 15p is a distinct possibility

[topazfrenzy] 11/6/2020 07:59

Market correction overdue

some heavy selling over the next week or two could happen across the board

[koetser] 11/6/2020 07:57

if it does will load up big time

[itsnotmeitsy0u] 11/6/2020 07:56

back to 20's?

[koetser] 11/6/2020 07:04

prepare for pullback today

[koetser] 11/6/2020 07:03

leoneobull,

cheers

[leoneobull] 11/6/2020 05:53

I like this posterTornadotonyPosted in: TLWPosts: 976Price: 36.58No OpinionKenya likely to be the next big news event10 Jun 2020 09:05I believe the blocks will sell for around $400M if the whole lot goes. They may need to throw in some plant and trucks that are on the property. The rest of the $1B met by FCF. The company will then be a lot leaner and highly focussed. Any Guyana block farm down would be spent on drilling. We then have the excitement of finding something and adding new resources. It would be this phase that is more likely to get the company back over £1 a share again.

[leoneobull] 11/6/2020 05:48

If bond investors are buying, who by definition are more risk averse than equity holders, it's a good sign

[koetser] 11/6/2020 00:04

leoneobull,

So the corporate bonds for Tullow went up 6%?

Meaning Tullow can borrow at lower rates?

[leoneobull] 10/6/2020 21:48

Bond up again.Today 21:42https://www.bourse.lu/security/US899415AE32/266318Bond up over 6% today. Somebody spotting what a great bargain it is.

[koetser] 10/6/2020 19:50

actually I was happy that the shorts increased for that very reason. As shorters are delayed buyers.
While current investors are just sellers

[teamwork1] 10/6/2020 19:33

Let's hope your right

[leoneobull] 10/6/2020 19:31

I wouldn't worry about shorters closing then shorting again after a spike. The real usefulness of the shorters is like having a useful idiot around.... when good news hits they will have to buyback providing upwards momentum

[leoneobull] 10/6/2020 19:28

Brent 41.70 we have lift off tomorrow. I'm convinced we will see 45 is in June, 50 in July and 150 in August

[dbensimon] 10/6/2020 18:05

Let's see what the Fed does this evening.

[waldron] 10/6/2020 16:45

koetser
10 Jun '20 - 16:42 - 560 of 560
0 0 0
shorts increased on tullow?




7.83%

[sbb1x] 10/6/2020 16:44

Citadel increased short above 0.5 threshold.They are trading up and down. In and out.

[koetser] 10/6/2020 16:42

shorts increased on tullow?

hxxps://shorttracker.co.uk/company/GB0001500809/

[sbb1x] 10/6/2020 16:31

Dow 27,064Brent 40.84$At 16.30 close

[umitw] 10/6/2020 16:19

Do you work for TLW?Seems like you have an inside info! LOL

[waldron] 10/6/2020 16:05

Oil Prices Fall As EIA Confirms Crude Inventory Build
By Irina Slav - Jun 10, 2020, 9:51 AM CDT
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Crude oil prices accelerated their fall today after the Energy Information Administration reported a rise in U.S. crude oil inventories of 5.7 million barrels for the week to June 5 and an increase in fuel inventories.

A day earlier, the American Petroleum Institute reported a crude oil inventory build of 8.42 million barrels, which caused prices to dive after several days of gains. Analysts had expected the EIA to report an inventory decline of 1.45 million barrels for last week. A week earlier, the EIA reported a decline in crude oil inventories, at 2.1 million barrels.

In gasoline, the authority reported an inventory increase of 900,000 barrels for the week to June 5, down from a build of 2.8 million barrels a week earlier. Gasoline production last week averaged 8.1 million bpd, compared with 7.8 million bpd a week earlier.

In distillate fuels, inventories went up by 1.6 million barrels last week, which compared with a hefty 9.9-million-barrel increase a week earlier. Distillate fuel production averaged 4.8 million barrels daily, compared with 4.7 million bpd a week earlier.

Refinery runs rose last week, to average 13.5 million bpd. This compared with 13.3 million bpd a week earlier. Capacity utilization averaged 73.1 percent, compared with 71.8 percent a week earlier.
Related: Is Shell’s Dividend Cut Permanent?

Before the API shocked traders with its estimated inventory build, oil was trending higher on hopes the market would soon rebalance. However, there was downward pressure following news that U.S. producers were restarting production and worry that some Middle East producers, notably Iraq, will continue to produce more than their OPEC+ quota calls for.

At the time of writing, Brent crude was trading at $40.40 a barrel, with West Texas Intermediate at $38.10 a barrel, both down by about two percentage points from opening today.

Meanwhile, Norwegian consultancy Rystad Energy warned that deep production cuts could lead to a lasting deficit of oil, beginning as soon as this month. This could provide some upward pressure for prices especially if it is coupled with more positive news on the demand side.

By Irina Slav for Oilprice.com

[proj] 10/6/2020 15:53

LOL, state of the derampers on here now. Just LOL.

Average of 15p here....and not selling a share until £2, minimum. Looking forward to reading all the'if only' post from next spring onwards.

This will be solid gold if you hold. On the other hand, why should I care.....day traders and snidey derampers ALWAYS get burned.

Gl all.

[spirito] 10/6/2020 15:23

drift to low 30s seems probable