Tullow Oil Share Discussion Threads

[adrian j boris] 14/4/2021 15:54

Real-time Estimate Quote. Real-time Estimate Cboe Europe - 04/14 03:52:12 pm

49.32 GBX +8.68%

[crazi] 14/4/2021 15:40

Looking great today :-)

[dbensimon] 14/4/2021 15:31

Oil is flying

[bootycall] 14/4/2021 11:05

@dealy Spot on. Now imagine this conundrum. The analyst has to make conservative assumptions with regard to refinancing terms . Once the RBL and bonds are repaid or the facilities renewed, with pushed out maturities (my bet is by another three years)...they will then focus on the real flex points involved, namely deploying an extra rig in Ghana, which may allow Tullow to reach nameplate capacity on both fields within two years maximum ?Remember, that Authorised Financial Expenditure will be designated as cost oil to be recovered immediately from production....which at these prices will ensure payback in as little as three months per well drilled . If the share price does not perform during that period the Company has the option of buying its shares in with all the excess cash. All we need to do now is send Dorothy on her way. How we avoided a debt to equity swap with her in charge I will never know...Tullow has chronically underinvested in fields with world class potential...although a large share of the blame must go to McDade for not drilling development wells at the expense of some pretty high risk exploration. The write offs and bloated costs have been eye watering. I believe that we are fast approaching a period of chronic under investment in the oil industry which will become totally reliant on OPEC for additional short term production. US Shale production under a Democratic President will always be handicapped by growing environmental regulation and the IOCs are producing black (oil) and reinvesting (green). This could all get very nasty...which is great news for us. The WHO have just come out to say the pandemic looks as though it will be under greater control within a few months.......which means oil demand returning with a vengeance. Gargantuan oil stocks are finally depleting so load up on the popcorn ! Booty DYOR

[dealy] 14/4/2021 10:41

HSBC raising their target on Tullow today from 17p to 43p. Where did they get 17p from? Totally under estimated the company's ability to adjust. These analysts wouldn't know a real business situation if it jumped up and punched them

[kulvinder] 14/4/2021 07:29

No Fiss, meaning would have come out with a descent profit at 65p....

[alfiex] 14/4/2021 07:13

In theory should open higher today poo up 1.4,%

[hades1] 13/4/2021 22:11

Really don't believe the Market Makers are doing anything.Likely 44p is the low.Fizz sadly is a nut - not an unpleasant one but a nut that rants on and on about MMs that aren't there!A nut.

[fizzmiss] 13/4/2021 21:07

Wow, you bought in at 65p? really?

[kulvinder] 13/4/2021 18:32

Yes it does appear some one wants this as low as 40p....if only I had bailed out at 65p...

[fizzmiss] 13/4/2021 17:56

Tomorrow should be interersting; oil went up today and TLW crashed.

The oil Price will be down tomorrow so let's just see how much the MM crashes the share price down for their mates the sewer rat shorters.

After All, If Goldman Sucks Wants 40p The MM will manipulate it down to 40p, No problem

;@) Oink Oink!

This is DEFO being processed and manipulated down just like PMO was whilst yet again the FSA play the 3 wise monkeys.

[fizzmiss] 13/4/2021 17:56

Tomorrow should be interersting; oil went up today and TLW crashed.

The oil Price will be down tomorrow so let's just see how much the MM crashe the share price down for their mates the sewer rat shorters.

After All, If Goldman Sucks Wants 40p The MM will manipulate it down to 40p, No problem

;@) Oink Oink!

[fizzmiss] 13/4/2021 17:37

Oil has dropped from $70 to $64 down only $6

TLW has crashed and burned from 65p to 45p a manipulated price of a 20p crash during this same time period, nearly lost a 3rd of its value within 3 weeks.

And when oil went up by $10, TLW hardly moved.

Go figure out what's going on here since Goldman Sucks re-invested within a few days before the crash.


TLW gone bust?
World come to an end?
Saudis pumping max oil output again?
TLW assets all turned to water?
No loan deal?
No sale of assets?
No sale of future assets?
etc.
What is the mystery jinx that has inflicted the appalling share price performnace?

Rnut of the oil stock litter for sure and treated accordingly by the MM for their sewer rat shorting mates.

[grupo guitarlumber] 13/4/2021 17:02

Delayed London Stock Exchange - 04/13 04:35:08 pm
45.38 GBX -1.54%

[adrian j boris] 13/4/2021 14:45

OPEC Sees Oil Demand Boosted by Stimulus and Vaccine Programs
13 April 2021 - 01:29PM
Dow Jones News

By David Hodari

Some of the world's wealthiest nations are grappling with stubborn coronavirus rates, but a brightening outlook and historic stimulus packages will boost economic activity and oil demand this year, the Organization of the Petroleum Exporting Countries said Tuesday.

In its closely-watched monthly market report, OPEC increased its 2021 global oil demand forecast by 100,000 barrels a day and raised its forecast for global economic growth by 0.3 percentage points to 5.4%.

The cartel said its increased demand forecast was prompted by forecasts of a better-than-expected second half of the year, thanks to "stimulus programs and a further easing of Covid-19 lockdown measures, amid an acceleration in the vaccination rollout," largely in the club of wealthy nations known as the Organization for Economic Cooperation and Development. Chinese demand has also remained resilient in recent months, OPEC said.

Oil prices rose Tuesday, with Brent crude oil -- the global benchmark -- up 1.1% at $63.96 a barrel and West Texas Intermediate futures, the U.S. benchmark, climbing 1% to $60.27 a barrel. Upbeat Chinese economic data gave oil a boost early Tuesday, according to Helge André Martinsen, senior oil market analyst at DNB Markets.

OPEC and its allies agreed earlier this month to boost their collective output by more than two million barrels a day over the coming months, betting on resurgent demand as they and the rest of the world assess the economic consequences of the pandemic's trajectory.

That decision came despite a faltering oil price rally, which has stalled in recent weeks as some of Europe's largest economies reimposed tight coronavirus restrictions and as organizations such as the International Energy Agency dismissed the idea that oil was entering a "supercycle" of low supply and climbing demand, pointing to glutted global oil inventories. OPEC said it has reduced its oil demand forecast for the first half of the year.

While OECD stocks fell by 45 million barrels in February, they remained some 57 million barrels above their average level for the five-year period between 2015 and 2019, OPEC said.

During March, OPEC more or less maintained the supply discipline that has allowed it to regain control of oil prices since they crashed last spring amid a price war and the most seismic effects of the pandemic on demand. According to secondary sources OPEC cited, Saudi supply slipped by 33,000 barrels a day last month, although the kingdom will start to unwind its unilateral million-barrel cut in the coming months.

Meanwhile, Iran -- which is exempted from the cuts of the OPEC+ alliance -- increased its output by 137,000 barrels a day in March in what may be a signal to oil-market watchers of things to come. China has been importing more Iranian oil in recent months, with Tehran circumventing U.S. sanctions.

Investors have been closely monitoring indirect talks between Iran and the U.S. as the two sides explore reviving the 2015 nuclear deal that could see Washington lift those sanctions that currently prevent Tehran from exporting oil at will.

Elsewhere, the cartel slightly reduced its forecast for 2021 supply growth from outside of OPEC, inching down its forecast by 30,000 barrels a day.

Write to David Hodari at [e-mail]



(END) Dow Jones Newswires

April 13, 2021 08:14 ET (12:14 GMT)

[xxnjr] 13/4/2021 14:31

Have no idea what Fizz is on about having used filter button ages ago. But if posts are still a tirade about sewer rats and manipulation then it probably means Fizz is shorting. Nothing else makes sense!

Fizz will probably rapid fire about 5 rants now.

[crazi] 13/4/2021 11:41

Fizz - what price are you holding?

[fizzmiss] 13/4/2021 09:37

Now we have posts stating the manipulated share price crash is now to oil falling from $70 lol, utter trash.

TLW hardly went up when oil went from $55 to $70, it simply played catch up to all other oilers who had great gains before oil went up.

TLW hardly went up when they sold assets and gained access into the 250; if anything it caused the share price to crash back down due to corrupt reasons.

Like it or not and uses as many excuses as you like this is nothing more than blatant corrupt share price manipulation.

UNLESS; insider information has been released the loan deal has turned out to be a disaster or TLW has gone Bust or The latest drill is a duster.

Something stinks!

IF not its simply share price corrupt manipulation with the help of the SCUM MM

[alfiex] 13/4/2021 08:08

Par for the course

[fizzmiss] 13/4/2021 08:06

Oil up and we open a manipulated down, shocking!

Well as said, the MM are in the sewer rats pockets and will manipulate the share price down to whatever price the Sewer Rat Shorters demand, such is the corruption within UK markets.

As predicted: Anyone noticed how since Goldman Sucks re-purchased the stock, the share price has tanked! Historical with any share they buy, an utter disaster for a share price if they get involved. they simply hedge and short IMHO.

BAN SHORTING!

[fizzmiss] 13/4/2021 07:54

Can't see them invading just yet; they are testing what reaction the West can muster and it ain't much, toothless Europe can't even agree on the correct shape of banana never mind react to Russia invading Ukraine.

All about gas and pipes

[bertie bee2] 13/4/2021 07:44

Morgan Stanley voting against a Russian invasion of Eastern Ukraine then.....

[fizzmiss] 13/4/2021 07:40

Morgan Stanley stating we won't see a super spike in oil, now all we need is Goldman Sucks to state the same and its buy buy buy.

Always do the opposite of what these sewer rat shorter Scum say.

[waldron] 13/4/2021 07:31

European stocks set for muted open as data and earnings come into focus

Published Tue, Apr 13 20211:54 AM EDTUpdated Tue, Apr 13 20212:11 AM EDT

Elliot Smith
@ElliotSmithCNBC

Key Points

April’s ZEW economic sentiment index for Germany and the euro zone is published at 10 a.m. London time.

Earnings season also gets underway in Europe, with French luxury group LVMH reporting after the bell, while the U.K.’s JD Sports and Switzerland’s Givaudan report Tuesday morning.

LONDON — European markets are set for a flat open on Tuesday as investors await key economic data and the beginning of corporate earnings season.

Britain’s FTSE 100 is seen around 4 points lower at 6,885, Germany’s DAX is set to climb around 21 points to 15,236 and France’s CAC 40 is expected to edge around 7 points higher to 6,169, according to IG data.