Tullow Oil Share Discussion Threads

[sillyname] 07/11/2011 08:26

Mentions Tullow near the end of both articles.

[mpclag] 07/11/2011 07:49

dosent 90days equate to 3 months?

[ringer12] 06/11/2011 16:35

So now these new laws to regulate the oil industry will take 90 days to pass in parliament. Two or three weeks ago it was going to take three momths though it has only taken them several years to reach this point. Ah isn't it wonderful how so called lawyers can stretch weeks into months....and beyond!

[85gary] 06/11/2011 13:46

Looking more and more positive,

[85gary] 05/11/2011 12:02

Maybe of interest?

[phillis] 04/11/2011 15:04

turnover per share means nothing

it cannot/does not support your argument in any way

[slim 333] 03/11/2011 21:44

Phillis:
just trying to argue that the current share price does not look overstretched.
Such a massive rise in forecasted production (and revenue) indicates how valuable Tullow will become in the next few years. Turnover per share (turnover divided by number of shares) merely emphasises what this can mean for existing shareholders and reflects how cheap the company's current valuation is in terms of prospective cash flow and profits.

This makes Tullow enormously attractive to both the oil majors and national oil companies.

[eipgam] 03/11/2011 18:42

yes... if it were to be the Chinese or any other NOC that buys TLW, it will be the security of oil supply they are interested in, not the potential for cash generation.

[phillis] 03/11/2011 18:16

you,ll need to educate me re turnover per share

how is this relevant?

[slim 333] 03/11/2011 17:40

According to Citwire, Tullow is forecast to increase production to 200,000 barrels per day by 2015. If we assume that oil prices will be $120 by then (conservative, if you accept that we are approaching peak oil), then Tullow's annual turnover will be £5.47 billion based on current exchange rates. That works out at just over £6 per share, 5 times the latest figure. That should produce a massively increased cash flow and make the current share price look cheap ..... if it lives to see the day.

[eipgam] 03/11/2011 17:12

Thanks silly... heard it before, hopefully one day it will be true(ish)! = £16.58 a share.... can I have some more, please!

mpc.... I find it best not to think too hard at times like this...

[mpclag] 03/11/2011 13:31

took out hedge after seeing what was happening in Greece. Now totally unhedged!
Amazing what a few minutes can do to your tought process in this market.

[eipgam] 03/11/2011 10:19

any ideas what?

are you closing your hedge?

[mpclag] 03/11/2011 09:54

sometyhing afoot here

[mpclag] 03/11/2011 07:12

I'm hedged for a downturn. When limits hit I will buy more-short term too many negatives imho.

[eipgam] 02/11/2011 16:12

no worries to our share price today then.... Liberia news next please.

[mpclag] 02/11/2011 08:04

not such good news mor cap ex and lost production short term

[eipgam] 01/11/2011 20:02

This may affect us tomorrow, but it hasn't unduly worried Anadarkos share price today. so fingers crossed.

[phillis] 31/10/2011 20:46

TLW are running their business and getting on with life

[mpclag] 31/10/2011 08:12

more exploration acerage just signed in Mauritania!