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XEL Share Chat - RSS Feed

Xcite Energy Share Chat (XEL)



Share Price: 29.75Bid: 29.50Ask: 30.00Change: 0.75 (+2.59%)Riser - Xcite Energy
Spread: 0.50Spread as %: 1.69%Open: 29.75High: 30.50Low: 29.25Yesterday’s Close: 29.00


Share Discussion for Xcite Energy (XEL)


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toxicnerve
Posts: 32
Off Topic
Opinion:No Opinion
Price:33.00
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RE: A cynic...
15 Jan '15
True, sounds like a good business plan.
On the NS tax breaks etc , my cynical side feels maybe Osbourne does not want to
help NS until the GE is over as they may not be the UK gov?
 
mainshare
Posts: 1,007
Off Topic
Opinion:No Opinion
Price:33.00
Taskforce
15 Jan '15
maybe if david cameron and his cronies...were to sit upside down in a chopper...in a pool full of water..or in a blacked out smoke filled room....and learn to get out...it might bring them to their senses...taskforce...lol
ugiebear
Posts: 1,540
Observation
Opinion:No Opinion
Price:33.00
View Thread (2)
A cynic...
15 Jan '15
might suggest the Oilco's could take every advantage of the current slump to cut costs, while at the same time wring some hefty tax concessions out of the Government, who appear to be getting increasingly concerned about their golden goose...
highlandsbull
Posts: 1,411
Observation
Opinion:No Opinion
Price:33.00
View Thread (2)
RE: Golden opportunity?
15 Jan '15
Yep, just where is this money supposed to be going, and how many taskforces do these governments need before taking urgent action..
toxicnerve
Posts: 32
Off Topic
Opinion:No Opinion
Price:33.00
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RE: North Sea
15 Jan '15
On a more positive note US based Carlyle Group plan to invest $1billion in UK north sea. (£660 million)

So xel is in good company & we are cheaper to run!
mainshare
Posts: 1,007
Off Topic
Opinion:No Opinion
Price:33.00
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RE: North Sea
15 Jan '15
wgpsn asked for a 10% wage cut before christmas...and a further 10% in the new year....could the members of parliament no take the same cut....to balance the books a bit...and scrap the age old house of lords??
Sellhigh
Posts: 5,882
Off Topic
Opinion:No Opinion
Price:33.75
View Thread (5)
RE: North Sea
15 Jan '15
The North Sea oil industry will carry on, at the expense of contractors wage cuts and job losses. Operating costs will fall as a results and profits will start to rise again.
Sellhigh
Posts: 5,882
Off Topic
Opinion:No Opinion
Price:33.50
View Thread (2)
RE: BP
15 Jan '15
Didn’t BP announce it was cutting costs and reducing staff worldwide, even before the fall in the oil price? The oil price decline seems to be a convenient excuse
toxicnerve
Posts: 32
Off Topic
Opinion:No Opinion
Price:33.50
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RE: Watchthewind
15 Jan '15
Ugie: "As for the cost cutting being implemented, a large part of its attributable to companies shedding some high cost 'fat', which inevitably creeps in during boom times in any industry IMO."

Absolutely spot on! brings back the gaff " Good day to bury bad news" BP & other's taking full advantage to shed work force cut wages & remaining staff do twice the work, same old!
ugiebear
Posts: 1,540
Observation
Opinion:No Opinion
Price:33.25
View Thread (2)
Watchthewind
15 Jan '15
and a happy new year to you also.

Everyone knows the temporary oil price slump is driven by OPEC's current agenda.

With $13 billion invested in the North Sea basin last year alone, indicating companies foresee significant profits in the coming years, the vast majority of oilcos will simply grasp the opportunity to become more efficient.

As for the cost cutting being implemented, a large part of its attributable to companies shedding some high cost 'fat', which inevitably creeps in during boom times in any industry IMO.

ATB





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