Tullow Oil Share Discussion Threads

[dbensimon] 05/10/2021 13:09

This should be 80 by now...

[fizzmiss] 05/10/2021 12:21

Are you for real lol

[snowwalker1] 05/10/2021 10:19

How could you prove share price manipulation?

[fizzmiss] 05/10/2021 09:29

LOL MYYYYYYYYYYYYY LORD.

How can the scum MM get away with such blatant share price corrupt manipulation?

FSA? CARE TO DO A DAYS WORK AND INVESTIGATE THIS CORRUPT ACTIVITY?

Can you imagine what the scum MM will do with the share price for there sewer rat shorting masters if the oil price dropped back $10?

30P, SUCH IS THE CORRUPTION.


Tlw was trading at 65p when oil was at $75

The whole UK market stocks and share markets need a re-set to stamp out MM and BOT corrupt manipulation.

[waldron] 05/10/2021 05:53

European markets head for positive open, brushing off Wall Street losses


Published Tue, Oct 5 202112:34 AM EDT
Holly Ellyatt
@HollyEllyatt
cnbc

Key Points

European stocks are expected to open in positive territory on Tuesday with regional investors brushing off Monday’s losses on Wall Street.

The U.K.’s FTSE index is seen opening 20 points higher at 7,033 and Germany’s DAX 41 points higher at 15,083, according to data from online trading platform IG.

France’s CAC 40 is set to trade 9 points higher at 6,491 and Italy’s FTSE MIB up 75 points at 25,191, IG showed.

[subsurface] 05/10/2021 02:36

Tullow need to pull the stops out and get the second drill ship working offshore Ghana
Raul said sometime in 2023! I hope the extra FCF can be used to bring this forward and boost production.

Matters will come to a head regarding Kenya end of the year not far away and Tullow need a strategic partner prior to final investment decision to fund it but can they find one?

[subsurface] 04/10/2021 23:31

Shorters beware.


World's Largest Commodity Traders Burned By Massive Wrong Bets On Natural Gas

The world's top commodity trading houses are being told by brokers and exchanges to deposit hundreds of millions of dollars in extra funds to cover their exposure to soaring gas prices.
Glencore, Gunvor, Trafigura and Vitol are among the commodity merchants facing massive margin calls on their positions in natural gas markets across Europe and the U.S.
Two of the sources said trading houses and other players had together accumulated $30 billion worth of short positions in the TTF market.

[subsurface] 04/10/2021 13:57

Brent flying at the moment.

[grupo guitarlumber] 04/10/2021 12:38

Heads up: OPEC+ to meet later in the day

Mon 4 Oct 2021 10:37:29 GMT

Author: Justin Low

No change on policy is expected though

OPEC

The JMMC meeting will take place at 1200 GMT and then the OPEC+ ministerial meeting will take place at 1300 GMT. That's the schedule but if things go off without a hitch then expect the outcomes and decisions to be communicated sooner.

The latest reports are suggesting that OPEC+ is to keep the status quo and maintain a 400k bpd increase in oil output every month, sticking with the July decision.

The energy crisis may present more complications to that in the weeks/months ahead but for now, this will be seen as more of a placeholder meeting as such.

Oil prices are relatively steady, with WTI crude up 0.1% to $75.96 currently.

[grupo guitarlumber] 04/10/2021 11:49

4 October 2021


21st OPEC and non-OPEC Ministerial Meeting


Via videoconference

[grupo guitarlumber] 04/10/2021 10:06

Alas the market is fickle with tendency to trick all

[badger36] 04/10/2021 09:38

As oil rises Tullow falls in relative terms and Ryanair soars What a crazy market we have. Makes no sense or else the difference is management which I think it is now

[waldron] 04/10/2021 07:19

European markets set for positive open; China Evergrande trading halt watched

Published Mon, Oct 4 202112:31 AM EDT

Updated An Hour Ago
Holly Ellyatt
@HollyEllyatt
cnbc


Key Points

European stocks are expected to open broadly in positive territory on Monday as markets head into the first full trading week of October.

The U.K.’s FTSE index is seen opening 21 points higher at 7,040, Germany’s DAX 11 points higher at 15,137, France’s CAC 40 up 9 points at 6,506, according to IG data.

[mccracken227] 03/10/2021 23:04

htTps://uk.investing.com/commodities/brent-oil

[thommie] 03/10/2021 22:07

so does that mean, that they will flare all the gas for 14 days or reinject it?I like the part 'to improve its capacity...'

[powereddrones] 03/10/2021 19:07

2/3rds of China have blackouts right now. But how am I going to charge my Tesla?!!

[waldron] 03/10/2021 12:37

gxgxx
3 Oct '21 - 10:29 - 3289 of 3289
0 0 0
The global energy crisis is intensifying, hammering the shares of companies that consume a lot of power and sending the stocks of those that produce it soaring.

Economic recovery from the pandemic has boosted demand for gas and coal but their supplies have not been able to keep up. With the northern hemisphere winter on the horizon and China -- the world’s biggest electricity user -- ordering state-owned energy firms to secure supplies at all costs, investors are in a race to pick the winners and losers.

A key measure of international energy producers, led by names including Cabot Oil & Gas Corp. and ConocoPhillips, has rallied almost 10% over the past month. Utilities stocks have gone into reverse, wiping out this year’s gains, with materials companies joining them among the biggest laggards on the MSCI World Index.

“The energy crisis can exist for the next several years. I think a super cycle in energy has started and will continue for several years," said Sumeet Rohra, a fund manager at Smartsun Capital Pte. in Singapore. “Energy stocks are very well poised to generate big returns."

China’s factory sector contracted in September for the first time since the pandemic began, thanks to power cuts that have affected regions making up more than two-thirds of the nation’s gross domestic product. The energy crunch has also reportedly halted production at suppliers of global tech giants such as Apple Inc. and Tesla Inc.

Meanwhile, European inventories of natural gas are running low as economies come out of the pandemic lockdown and the White House has expressed concern about the jump in oil prices.

Here is a guide to how the crisis is playing out in equities market:

Energy Producers

Companies that produce gas, oil and coal are set to continue benefiting as winter approaches and demand rises.

Royal Dutch Shell Plc, TotalEnergies SE, Eni SpA, and BP Plc are among big European names that may rally further. In Asia, traders have their eyes on companies including Woodside Petroleum Ltd., Petronas Gas Bhd., Inpex Corp., Oil and Natural Gas Corp. and Reliance Industries Ltd.

“It is not just about a short term supply-demand imbalance," said Gary Dugan, chief executive officer of the Global CIO Office. “The energy crunch is very concerning as it leads to the worst case scenario for markets -- that of stagflation," he said, referring to a situation in which economic growth stalls while inflation and unemployment rise.

If the current tightness in the gas market endures into next year, then Total could see 2022 earnings boosted by 18% and Eni by 12%, Goldman Sachs Group Inc. analysts including Lilia Peytavin wrote in a note last week.

Bloomberg Intelligence analyst Talon Custer said U.S. exporters of liquefied natural gas, such as Cheniere Energy Inc. and Sempra Energy, appear well positioned in an LNG market that should stay extremely tight through the winter.

Exxon Mobil Corp. said on Sept. 30 that elevated gas prices will boost its third quarter profit by about $700 million.

A three-year-high in oil prices also helps Exxon, and should keep others such as Schlumberger Ltd., ConocoPhillips and Halliburton Co. on the radar of traders.

In contrast, gas distributors such as China Gas Holdings Ltd., Hong Kong and China Gas Co., Kunlun Energy Co, and Indraprastha Gas Ltd. may face margin pressure if they are not allowed to pass on rising input costs.

Amid surging prices of coal, key stocks to watch are Arch Resources Inc. and Peabody Energy Corp. in the U.S., Glencore Plc. in Europe, and China Shenhua Energy Co., China Coal Energy Co., Adaro Energy Tbk, Whitehaven Coal Ltd. as well as Coal India Ltd. in Asia.

Materials & Metals

While rising power prices hurt all users, it is particularly acute for energy-intensive materials and metal companies.

In Asia, these stocks include Aluminum Corporation of China Ltd., Baoshan Iron & Steel Co., Angang Steel Co., China National Chemical Engineering Co. and Zhejiang Longsheng Group Co.

European construction material maker Sika AG also fits the mold, as does steelmaker ArcelorMittal and cement producer Holcim Ltd. In the U.S., steel producer Nucor Corp. and paint maker Sherwin-Williams Co. may be focus.

Bank of America Corp. analysts see input-cost headwinds for Indian cement makers such as UltraTech Cement, Shree Cement Ltd. and companies in the paint sector.

Power Utilities

Many government-backed electricity providers are likely to face margin pressure while those that are less regulated or independent have a better chance profiting from higher electricity prices.

Barclays Plc.’s analysts including Peter Crampton expect further strength in power prices to create winners in less heavily regulated northern Europe. They identified Electricite de France, Engie SA, Fortum Oyj and RWE AG. The analysts expect significant earnings-per-share upgrades, particularly for EDF, and raised their 2021 and 2022 estimates by 82% and 61%, respectively.

The most visible signs of stock market distress so far have been in southern Europe’s heavily regulated utilities. Iberdrola SA and Endesa SA shares are both trading at their lowest levels in more than last year.

In Asia, potential losers include Korea Electric Power Co., Tokyo Electric Power Co. and India’s NTPC Ltd. In the U.S., companies such as Southern Co., American Electric Power Co. and Duke Energy Corp. could face pressure.

Green Stocks

Higher energy prices and efforts to cut carbon emissions are also flowing through into the share prices of renewable power and nuclear stocks.

Bloomberg Intelligence’s Laurent Douillet sees large nuclear and hydro electricity companies as potential winners over those that rely on gas and coal.

READ: China’s Energy Crunch Sends Coal Shares Up, Renewable Firms Down

Key stocks to monitor are Europe’s Scatec ASA, Azelio AB and Orsted A/S, North America’s First Solar Inc. and SolarEdge Technologies Inc., and Asia’s LONGi Green Energy Co., Trina Solar Co., Sungrow Power Supply Co. and Adani Green Energy Ltd.

“There hasn’t been a confluence of so many factors happening at the same time in energy and commodity markets since at least the 1980s," said Robert Ryan, chief commodity and energy strategist at BCA Research.

[subsurface] 03/10/2021 08:59

With the Oil price it feels like we have gone full circle I hope Tullow can get the debt down faster.