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Share Name Share Symbol Market Type Share ISIN Share Description
Valeura Energy Inc LSE:VLU London Ordinary Share CA9191444020 COM SHS NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 29.50 29.00 30.00 29.50 29.50 29.50 5,000 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 7.9 -3.3 -4.5 - 26

Valeura Energy Share Discussion Threads

Showing 251 to 275 of 275 messages
Chat Pages: 11  10  9  8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
24/2/2021
16:11
I suspect that when the sale of the producing asset is formally signed off and concluded, the company will restate a cash value of c.38p a share. That would entirely discount the value in VLU's retained 100% interest in the deep, tight asset in Turkey. Extraordinarily quiet here and a little boredom setting amongst peeps as a few tiny sells chip at the share price The potential for significant upside here on several fronts remains however.....including sale confirmation, farm in partner for retained interests and M&A activity, as repeatedly stated by management. The sector is ripe for consolidation and is a buyer's market for those with the money. And VLU has plenty of money. Good luck, NAI and ADYOR.
oakridge
14/2/2021
15:01
Asian, European Natural Gas Benchmarks See Record Exchange Activity in January BY CHRISTOPHER LENTON February 2, 2021 Global exchange operator Intercontinental Exchange Inc. (ICE) saw record activity across its Title Transfer Facility (TTF) and Japan Korea Marker (JKM) natural gas benchmarks in January. Citing “volatile market conditions set against the ongoing liberalization”; of liquefied natural gas (LNG), ICE reported record monthly futures and options volumes for TTF and JKM contracts. “Customers from every corner of the world are turning to our TTF and JKM benchmarks to provide much needed transparent price discovery and enable them to seamlessly transfer risk,” said ICE’s Gordon Bennett, managing director, Utility Markets. “This was particularly needed during the recent turbulence experienced across natural gas markets.” TTF and JKM are cleared at ICE Clear Europe. European benchmark TTF futures hit record open interest (OI) of about 1.9 million contracts on Jan. 27 and TTF futures and options hit a record daily volume of more than 347,500 contracts on Jan. 12. TTF futures and options also hit a record monthly volume of four million contracts in January, beating the previous record set in January 2020. Asian benchmark JKM hit a combined futures and options OI record of 125,000 contracts on Jan. 14, and JKM futures hit a record monthly volume of more than 91,500 contracts in January. January was a particularly turbulent month for global natural gas prices, with Asian LNG skyrocketing above $30/MMBtu early in the month. Spot prices in Spain also shattered records early in the new year. Energy Aspects’ James Waddell, a senior global gas analyst, said severe cold, production outages, shipping constraints and a scramble to find supplies were a few of the factors behind the meteoric rise in Asian LNG prices in early January. The uptick in market activity since November has prompted analysts at Morgan Stanley to increase their 2021 European natural gas price forecast by 35% to $5.80, mainly on stronger forecast demand and lower LNG imports. The bank also increased its JKM spot forecast to $7.50 this year from an earlier projection of $4.50.
oakridge
14/2/2021
14:59
hTTps://oilprice.com/Energy/Natural-Gas/Why-Natural-Gas-Prices-Are-Set-To-Go-Higher.html Why Natural Gas Prices Are Set To Go Higher By Tsvetana Paraskova - Jan 18, 2021, 5:00 PM CST Join Our Community Winter temperatures below seasonal norms in the northern hemisphere have created a rally in natural gas prices from Asia to Europe. The spot liquefied natural gas (LNG) prices in north Asia jumped to record highs last week, while the key price marker in Europe, the Dutch Title Transfer Facility (TTF), rallied to the highest in more than two years. The natural gas markets at the start of 2021 look completely different from the beginning of last year, when milder weather and the pandemic hit to demand had dragged natural gas prices down to historic lows. This winter season, a rebound in Asian natural gas demand, supply issues at major LNG exporters, logistics issues at the Panama Channel, soaring tanker rates, and last but not least, the cold snap from Madrid to Tokyo, are pushing gas prices higher. Even when temperatures return to seasonal norms in coming weeks and the Polar Vortex-induced cold spells in Europe end, natural gas prices will continue to be supported through the spring and summer, as buyers would look to restock, analysts say. The record-high Asian LNG prices may not last for long, but these generally higher prices than last year’s lows are set to support the prices in Europe, which is likely to receive fewer LNG cargoes this winter considering that spot prices in Asia are much, much higher. In just two months, the global natural gas market turned from an oversupplied or a finely balanced market at best, into a tightening market, leading to hikes in prices from Asia to Europe. The much higher prices in Asia and Europe than the U.S. benchmark Henry Hub will incentivize U.S. LNG spot sales to those markets and the maximizing of U.S. liquefaction capacity, according to analysts. Related: UAE Oil Major Turns To Hydrogen Spot LNG prices in Asia have staged an impressive rally over the past two months and have now soared 18 times from April 2020 lows—and the surge is obliterating even the recent rally in Bitcoin prices. A perfect storm of unusually cold winter in north Asia, outages at major LNG exporters, and logistical and shipping constraints drove the price of Asia’s LNG benchmark, the Japan-Korea Marker (JKM), to the highest on record last week, soaring over $30 per million British thermal units (MMBtu) for the first time. In Spain, home of one of Europe’s biggest terminals, LNG prices also surged amid an unusual cold snap in the country, which brought a rare snowfall in Madrid. The lower-than-normal temperatures in many parts of Europe are driving higher gas withdrawals than usual, setting the stage for higher-than-expected demand through the spring and summer for replenishing stocks. Goldman Sachs expects a “perfect bullish storm” for natural gas prices this year, and raised its forecasts for the prices at the European benchmark, the Dutch Title Transfer Facility (TTF), to $8.30/MMBtu for the rest of this winter, from $6.65/MMBtu expected earlier. Goldman also lifted its spot Asia LNG price outlook to $14.30/MMBtu from $12.65/MMBtu. “The current cold spell in the northern hemisphere is paving the way for a tighter global gas market throughout the year,” Wood Mackenzie said last week in its 2021 gas market outlook. After the impressive surge, Asian LNG spot prices will drop in the second quarter, but the current cold spell is setting the stage for an increasingly tight summer gas market, compared to what looked like a finely balanced summer just a month ago, WoodMac says. Gas storage levels in Europe are already more than 15 billion cubic meters lower than last year and are now close to the past five-year average. Forecasts of higher coal and European carbon prices, also partially driven by the current cold spell, “provide headroom for higher European summer gas demand,” the consultancy noted. “Global prices reached record lows in 2020, with TTF averaging US$3.2/mmbtu and Asian LNG spot averaging US$3.9/mmbtu. 2021 will show a stark difference, we anticipate TTF averaging US$5.6/mmbtu and Asian LNG spot averaging US$7.6/mmbtu,” said Wood Mackenzie vice president Massimo Di Odoardo. The surge in Asian spot LNG prices is good news for U.S. exporters. The wide spread between Asia’s LNG prices and Henry Hub suggests there is “very little chance” of seeing U.S. LNG cargo cancellations—as in the summer of 2020—anytime soon, Warren Patterson, ING’s Head of Commodities Strategy, said in the bank’s Energy Outlook 2021. “Regional gas markets will be better supported over 2021, and it looks increasingly unlikely that we will see a repeat of cargo cancellations this year,” Patterson added.
oakridge
14/2/2021
14:54
An interesting read re. US natural Gas: hTTps://www.zerohedge.com/commodities/panic-across-plains-states-nat-gas-prices-explodes-80
oakridge
14/2/2021
14:46
hTTps://www.spglobal.com/platts/en/market-insights/latest-news/natural-gas/021021-norways-equinor-expects-volatile-european-gas-market-in-short-term Norway's Equinor expects 'volatile' European gas market in short term HIGHLIGHTS LNG market dynamics trigger shift in European conditions Sees more balanced market in one-two year timeframe Equinor exposed to LNG despite lack of physical assets Author Stuart Elliott Editor Daniel Lalor Commodity Natural Gas London — Norway's state-controlled Equinor expects a "volatile" European gas market in the short term on the back of the recent tightness in the global LNG market and low European winter temperatures, CEO Anders Opedal said Feb. 10. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Speaking to reporters following the publication of Equinor's Q4 earnings, Opedal also said he anticipated a return to a more balanced European gas market over the coming 1-2 years. European gas prices have risen from lows of just over Eur4/MWh ($4.8/MWH) last summer to more than Eur20/MWh in January, according to S&P Global Platts price assessments. The TTF day-ahead price was assessed Feb. 9 at Eur19.80/MWh. Opedal said the recent elevated gas prices in Europe followed LNG market tightness -- which saw cargoes diverted to Asia and away from Europe -- and the resulting increased demand for European pipeline gas. Higher European gas demand due to unseasonably cold weather and fewer LNG imports also resulted in higher withdrawals from storage, he said, impacted also by the delay to the start of the Nord Stream 2 gas pipeline from Russia to Germany. Because of these factors, Opedal said: "I think we will see a volatile market." The recent market dynamics have also given "support for a positive outlook for prices, also coming into the summer season", he said. Further out, Opedal said Equinor expected the market to be more balanced "when we move a year or two ahead". The 55 Bcm/year Nord Stream 2 link had been due to start up at the end of 2019, but the threat of US sanctions has led to delays in its completion. As a result of the delays, Gazprom must rely either on booking more short-term capacity via Ukraine if it wants to increase exports to Europe or on continuing to draw down its remaining gas stocks in Europe. LNG exposure Opedal also said Equinor was "increasingly exposed" to LNG prices within its portfolio, given the impact of global LNG market dynamics on European gas. "We saw that when Asian [demand] was spiking due to cold weather and LNG outages, we have also seen the price increasing in Europe due to LNG being moved to Asia," he said. Equinor did not have to have physical LNG production assets to be involved in the LNG market, and that the company used "contractual arrangements" to manage its portfolio and participate in the LNG trade, he said. Equinor operates the 4.3 million mt/year Hammerfest LNG export facility in Norway and has term commitments for supply from the plant. However, it has been shut since September after a fire. A company spokesman told Platts on Feb. 10 it was still Equinor's best estimate that operations at Hammerfest LNG would resume in October. Q4 output With the outage at Hammerfest -- fed with gas from the Snohvit offshore gas field -- Equinor's equity Norwegian gas production in Q4 slipped by 4% year on year to 698,000 b/d of oil equivalent. Its average realized gas price in Europe was $5.04/MMBtu in Q4, up from $2.72/MMBtu in the previous quarter. Despite the year-on-year drop in Norwegian gas output, the company increased production compared with Q3 when it averaged 654,000 boe/d. Equinor deferred some gas production from its main 'flex' fields on the Norwegian Continental Shelf -- Troll and Oseberg -- last summer due to very low European prices. "We increased our NCS flex gas production to capture additional value as the European gas prices continue to recover through the fourth quarter," CFO Svein Skeie said.
oakridge
10/2/2021
10:14
Just a couple of tiny buys visible so far today and we're on the move. Hopefully the sale of the conventional assets to TBNG will be concluded soon. This would then bring all cash to a touch below 50M US $ (+a few extra million in extra royalties)......and would infer a share price in the 40ps. Even then, a share price in the 40p's would value the retained deep tight prospect at around zero. It would also value the companies strategic cash advantage at around zero. The potential of the BOD to produce a decent M&A result would also be in for nothing.
oakridge
10/2/2021
09:14
EMRGD BUYS
lennonsalive
04/2/2021
20:05
VLU CEO's Latest Corporate Overview: hTTps://vimeo.com/505274792
oakridge
04/2/2021
19:53
Valeura Energy Inc. @ValeuraEnergy · 23h #Auctus Advisors commented that #Valeura “holds much more cash than what is held by many other shells”… hence allowing “#Valeura to target larger transactions combining the cash on the balance sheet with funds from other sources” #oil #gas $VLE $VLU
oakridge
04/2/2021
19:52
Latest tweets from VLU: hTTps://twitter.com/valeuraenergy?lang=en Valeura Energy Inc. @ValeuraEnergy · Feb 3 Very pleased to have analyst Stephane Foucaud at #Auctus Advisors initiate research coverage on #Valeura today. “Well financed to amalgamate assets in a well managed entity.” Read the full report on the Auctus website. hTTps://auctusadvisors.us4.list-manage.com/track/click?u=a34716aef80e27c0f0f4edc8e&id=0547d7485b&e=ce3db9882c… $VLE $VLU
oakridge
04/2/2021
13:30
VLU quietly falling off the radar again but I remain a buyer. If you want volume (decent volume at a decent price) you have to buy on quiet days. Limits close very quickly when the twitterati get stuck in. I'm expecting a deal closure before tooo long and another c.$15M in the kitty. I also think M&A activity here will hot up over the coming month or so too. The size of the rise will reflect the quality of any deal. Currently trading at around net cash (ish). ADYOR and NAI.
oakridge
19/1/2021
16:27
Up on the TSX exchange on light volume.
oakridge
19/1/2021
09:50
FINALLY a bit of volume available here for those who were struggling to buy all that they wanted just recently....so a shout out to the many, many twitterati following this stock including: @EvertonRob1 @Borg74 @DarthStock @Afzal Valli @JordanBMZ I've found that buy limits close pretty sharpish here as soon as any interest arrives. Surely moving closer to sale of asset and M&A news? Any uplift here will be commensurate to perceived value / quality of next strategic move. Company is rolling in cash so well positioned to pick up a decent deal. CEO said discussions were "well progressed" in mid December. ADYOR & Good luck.
oakridge
12/1/2021
22:57
Closed UP again on the TSX. All set for Q1? Due news: * Confirmation of sale of producing business for c.15.5M to add to the 31M already in the bank. * CEO stated in mid December that screening process for a Merger or Acquisition is quote: "well progressed". * Confirmation of farm in partner to drill appraisal "sweet spot" in retained gas play. $100M invested to date with high pressures already encountered over multiple targets. Company is cashed-up and in a very strong position in a sector ripe for consolidation. ADYOR and GL.
oakridge
12/1/2021
08:25
Valeura Energy - Brief Summary of presentation from mid December 2020: A gas production company active in Turkey for 10 years, on the brink of change / expansion. Listed on AIM and TSX (VLE). Strong cash position, with no debt. Cash in bank: 31.3M US$ Awaiting further cash inflow expected imminently from sale of asset: c.15.5M US$ + Royalty. Total potential cash: 47M US$. This would equate to a cash value on the TSX to: Can$0.70 cent per share. Currently trading at Can$ 0.58. c.86.6 M shares in issue with Baillie Gifford largest shareholder @ c.20%. Experienced executive team looking to add value with cash reserves through M&A activity. Well-positioned in the industry to grow - buyers market for those with cash, targeting distressed firms with good assets. Sector ripe for merging and consolidation. Retained high-value option on a deep tight gas play in Turkey (Thrace Basin), which has to date received investment of $100M, demonstrating that significant gas is in place (wells encountered high pressures of gas). Company seeking a partner in c.Q1 2021 and intends to pursue appraisal drilling to prove / demonstrate commercial flow. Quote: "huge potential upside". Main focus for the cash however is M&A. Strong local market for natural gas and on the doorstep of Europe via in-place pipeline to Italy. Priorities (as stated by the company in the Mid December 2020 video): 1) Sale of producing business for 15.5M. 2) Screening process for M&A - quote "some well progressed" - target for completing c.Q1 '21 3) Looking for a Partner and a well permit to be in place Q1 2021 for an appraisal well to be drilled in 2021. The above is just what I've deduced from the presentation. ADYOR.
oakridge
12/1/2021
08:21
VLU finished up over 13% on the TSX. If the sale of the gas asset completes as the company anticipates, it will be trading at well below cash. Company stated in mid December that it hoped the sale would complete in a month or so. I'd imagine an RNS on this as soon as it has been inked.
oakridge
11/1/2021
16:23
A case of adyor as ever, KCACO. This upload by the company outlines much of the potential here and isn't a bad place to start imo: hTTps://www.youtube.com/watch?v=ntJ9Of_02m0
oakridge
11/1/2021
15:53
Hi . I’m just taking a look at this today for the first time . Any LTHs have any view points or comments as to where this might go ? I see it was up at nearly £2 at one stage . I’m relatively new to this
kcaco
11/1/2021
12:11
Thanks rolo. @evertonrob1 was also buying VLU up a short while ago. It seems the stock is on quite a few radars. There's quite a lot to like here: Cash rich No debt Sale of existing asset agreed will add further cash (confirmation due shortly) Significant upside potential from retained gas play in Turkey Favourable local market for natural gas and into Europe Clear stated ambition for quality M&A activity Strategic advantage through significant cash position. Only 86.5m shares in issue. Free float is relatively small.
oakridge
11/1/2021
11:53
It wasn't easy but I got some more on AJB.
holdbucket
11/1/2021
11:28
https://twitter.com/AfzalValli
rolo7
11/1/2021
11:15
Good volume often hard to get here. MM's drastically pulled the buy limit over the last 15 minutes or so...
oakridge
11/1/2021
11:04
Have kept half an eye on VLU for a little while. Certainly good uplift in buying today. Acquisition News incoming?
oakridge
11/1/2021
10:19
1 month on and more buying after being quiet. Anyone know of anything?
holdbucket
16/12/2020
13:27
Heavy buying today?
encarter
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