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GENL Share Chat - RSS Feed

Genel Energy Share Chat (GENL)



Share Price: 528.00Bid: 526.50Ask: 528.00Change: 8.50 (+1.64%)Riser - Genel Energy
Spread: 1.50Spread as %: 0.28%Open: 520.00High: 531.50Low: 515.50Yesterday’s Close: 519.50


Share Discussion for Genel Energy (GENL)


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JohnLewis79
Posts: 1,929
Off Topic
Opinion:No Opinion
Price:520.00
$147bn?
Today 13:38
Only way is if our 2p reserves are inc....I guess?
 
JohnLewis79
Posts: 1,929
Off Topic
Opinion:No Opinion
Price:519.50
Here's another..
Today 10:38
How about this one? Genel enterprise value $ or £ (take your choice) 147bn!!!! (Yahoo finance) not April 1st is it?
JohnLewis79
Posts: 1,929
Off Topic
Opinion:No Opinion
Price:519.50
rating
Today 08:39
Jeez!!!...Not another overweight rating! Oh well one day they may get it right? Stop it ffs nobody believes these ridiculous sp targets!
JohnLewis79
Posts: 1,929
Off Topic
Opinion:No Opinion
Price:519.50
OP
Today 06:05
Current $63.06 and has risen off a 6 wk low of $61.24. Do not expect any fireworks today, we'll see if 500 can be held, are you in or out ahead of the w/end? Presently I have no choice as I have missed many chances to close from recent 640. My masterly inactivity
strategy is not going well. Plain stubborn or plain stupid?
Del44
Posts: 2,893
Off Topic
Opinion:No Opinion
Price:519.50
View Thread (2)
RE: DNO AGM
Thu 21:20
OSLO, Norway, May 28 (UPI) -- Norwegian energy company DNO said Thursday it plans to invest more on its assets in the Kurdish north of Iraq as the business cycle improves.

"We are ramping up production, export and local sales following the recently completed Tawke capacity expansion," Executive Chairman Bijan Mossavar-Rahmani said in a statement. "We will dust off investment plans as our revenue stream continues to grow."

DNO in a quarterly statement early this month said weak sales to the Kurdish market and the low price of oil forced it to cut capital spending on the back of reduced revenues.

For first quarter 2015, production from the DNO-operated Tawke field in the north of Iraq was 104,925 barrels of oil per day, of which about 8 percent was sold in the local Kurdish market. For the current quarter to date, the company said production averaged 146,309 bpd, of which roughly 18 percent was sold in the local market.

The Organization of Petroleum Exporting Countries said in its latest monthly market report total Iraqi oil demand declined by about 100,000 bpd in March, the tenth straight month of decline.

DNO in early May completed a two-year investment program to double the number of wells in the Tawke prospect and improve pipeline capacity. It set a daily production record at Tawke of just over 150,000 barrels of oil and installed capacity to hit the 200,000 bpd mark.

OPEC said total Iraqi oil production for April was 3.67 million bpd, up 1.2 percent from the previous month.
http://www.upi.com/Business_News/Energy-Resources/2015/05/28/DNO-ready-to-spend-in-Iraq/5061432805923/?spt=su&or=btn_tw
Hawkey47
Posts: 11
Question
Opinion:Strong Buy
Price:519.50
View Thread (2)
DNO AGM
Thu 20:32
Any new from DNO AGM.
garyn
Posts: 34,450
Observation
Opinion:No Opinion
Price:519.50
stalin
Thu 19:36
Main reason for the pullback is the drop in oil price, plus worries over the imminent OPEC meeting - and of course other factors such as Iran hitting record levels of production and Saudi doing direct deals with China to take extra oil. Oil price is doing pretty much what i expected and hence why i sold when i did - plus any other oilies that i held as they'd had a good run but as is always the case with any correction it tends to be overdone on sentiment (same as drops are often overdone - Brent hitting $45 being a good example! - unless there is some really bad company specific news). This is still one of those where i think a takeover could come out of the blue at any time - more so than most other producers i can think of. In terms of the GKP rise today i think that was to do with talk of another payment coming imminently.
Stalin
Posts: 524
Observation
Opinion:No Opinion
Price:519.50
From the Pay Zone
Thu 19:25
DNO has said that they have achieved record production from Tawke and have got up to 170/- b/d of which 30/- b/d is for local consumption, the rest for export. With upgrades complete one can expect up to 200/- b/d which bodes well for Genel (LON:GENL) which is ludicrously cheap having come over 100p off the recent high for no sensible reason.
long.over.short
Posts: 110
Off Topic
Opinion:No Opinion
Price:530.00
View Thread (2)
RE: DGO
Thu 12:08
I do think that some of the difference would definitely made up if there was an offer for Genel. I actually think the Kurd troubles are costing more than 100p to be honest, any takeover offer would have to be well well above the 530p that we are currently sitting at.
thetruthhurts
Posts: 4,388
Off Topic
Opinion:No Opinion
Price:530.00
mmm
Thu 12:04
Something afoot Genl jumped to 0.8% up and GKP up 2.8% with some decent buys of 100k this morning





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