Tullow Oil Share Discussion Threads

[mintington] 18/3/2021 13:32

Still looking to see this break 70 before months end......but that would be peak....presently undervalued

[kidknocked] 18/3/2021 13:09

Just stick with Tullow for the medium term.

[kidknocked] 18/3/2021 13:08

That's not really a collapse....

[mccracken227] 18/3/2021 13:05

Oil collapsing 67.2 just to spoil the rise in sp

[kidknocked] 18/3/2021 12:47

It was a break down, which is fine, nothing too dramatic.

[kulvinder] 18/3/2021 12:30

Sorry 7RD, some glitch with my internet, it seem to post it some time later from when I pressed the send botton, but done it several times...

[fizzmiss] 18/3/2021 12:28

Needs to go back down to 52p so I can buy back in, gonna click my high heels 3 times and make a wish..

Playing with my own money now.

[kidknocked] 18/3/2021 12:26

Flag and pennant building on the chart. This normally means a break up or down when the pattern is breached. Good luck I guess !

[crazi] 18/3/2021 12:00

I still believe Tullow's current fair value is circa 55p (pre-covid level at this oil price). Trading range 50 to 55. Outer range 45 to 60.

The quick jump above 60 was news of the FTSE250 entry. That wears off.

The dusty well is not good news either but I agree it doesn't really affect the share price to the extent that it won't fall because of it as the value is still circa 55p without that well. Had it been good news it would have driven value higher. There is no obvious corruption here - just a price hike above 60p on the hope news would have been good.

So for me anything above 55p without "new good news" to back it up is just a day trading punt...imho

Good luck :-)

[nicebut] 18/3/2021 11:59

Odey short still over 30m shares...Total over .5% reporting short is still over 6.5%. Amazing really.

[ammu12] 18/3/2021 10:35

Our dividend capacity is solid, despite having Sarta, Qara Dagh and Bina Bawi that all have potential to require near-term capital in the success case. The Board has approved the final dividend unchanged at 10c per share, resulting in a final dividend payment of around USD28 million. Including the earlier distributed interim dividend, this brings our total dividends for the financial year to 15c per share, a total payment of USD42 million. We continue to look to increase the dividend, with confidence in a growing reserve base and outlook cash being key to that decision.

[xxnjr] 18/3/2021 10:34

Its maybe due to the distal location in the basin. Apart from Ranger which was a carbonate reef build up laid down on the shelf, the deeper water sandstones have been disappointing so far. Kosmos drilled 3 dusters on Sur 42 & 45, Exxon have drilled 2 dusters (Tanager/Kaieteur Block & Bullewood/Canje Block). Exxon haven't given up


There's plenty of source rock down there, plenty of good reservoir quality rock..... perhaps the trapping isn't working (so far) in the more distal locations.

[mcsean2164] 18/3/2021 09:39

Held up well, suspect market relieved that it was just a duster. I wonder where we'd be if the actually discovered a resource, it's been failure after failure.

Monkeys and typewriters, maybe the odds are more in their favour now especially with all the seismic they've been gathering.

[7rademark] 18/3/2021 09:07

We noticed

[fizzmiss] 18/3/2021 09:07

Do keep up, I sold and will buy a cream egg with my profits.

My profits were wiped out by corrupt insider information being released over previous days. IMHO

Anyway enough about me and talking with Trolls.

Well done to those who held and invested, pleased you all made some good money today. Need to sit down and re-assess my investing strategy.

You need to post more Crazi, you seem to have it spot on petal.

[danb45] 18/3/2021 09:04

Never trade in the first hour good example today.

[sif12] 18/3/2021 09:04

FSA -> FCA 8 years ago. however i do agree the FCA is a completely useless organisation.

you stated this company is 5hite etc. you dont believe in the company, you think the system is corrupt, then why are you here?

[fizzmiss] 18/3/2021 09:03

Sewer Rats Is a well knows name for Shorters?

What's your problem with that? They are sewer rats.

They work like Sewer rats and destroy anything they come into contact with and manipulate the market with the help of the MM to destroy any value within a company.

Goldman Sucks is a prime example, they have been fined many times for corrupt share price manipulation and get away more or less scot-free; PMO is another prime example when the FSA turned a blind eye to share price corrupt manipulation by its lenders.

[aalli] 18/3/2021 09:01

I think we all did Kully

[sif12] 18/3/2021 08:57

resorting to such language only confirms what kind of poster you are and just check your long tenure on advfn of just ovr 12 months.

comparison to historic highs is a poor way to evaluate your investments.

you posts just read like a shorters. or someone so bitter and angry.

i didnt but at 20. i bought once at 26 sold around 40 and then bought at 33, sold some when it when down to 26- very poor timing and have held the rest.

Market is massively sentiment driven + everything going up + oil price increase + some news over last few months which was positive'ish.