Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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Are we expecting a rise in the next few day as FOMO sets in ?
Harbour Energy (HBR) Share Forecast & Price Target
HBR Stock 12 Months Forecast (prior to recent Brent price rises):
Based on 5 Wall Street analysts offering 12 month price targets for Harbour Energy in the last 3 months. The average price target is 406.25p with a high forecast of 545.00p and a low forecast of 360.00p. The average price target represents a 40.45% change from the last price of 289.25p.
Highest
545.00p
Average Price Target
406.25p
Lowest
360.00p
https://www.tipranks.com/stocks/gb:hbr/forecast
FT.com today :
Oil markets are set to become “extremely tight” in the second half of this year, according to hedge fund giant Citadel, as Opec+’s control of the market allows it to keep prices high.
Sebastian Barrack, the firm’s head of commodities, told the FT’s Commodities Summit in Lausanne on Monday that the cartel has “definitely regained control” of the oil market.
That means that the volumes that its member nations supply, and the timing of that supply, “will define where prices go in the next 12 months”, he said. Citadel was last year named the most successful hedge fund of all time and has made large profits trading commodities.
Barrack’s comments come after Brent crude, the international benchmark, climbed above $90 per barrel last week for the first time since October, driven by fears of a widening conflict in the Middle East."
Maybe I will hold HBR for a little longer....?
For those interested in who's been doing what recently Link below
Select buyers, sellers, funds or institutions on the top tabs - dates can be found on the L/R scroll bar at foot of table
https://www.morningstar.com/stocks/xlon/hbr/ownership
"Always excellent to note, further reductions in HBR Short positions as noted here today, now this being the second consecutive/back to back reduction by GLG Partners LP (3 & 4 April 2024)."
Shorts Closing, HBR Director's Buying, and as for today, Gas prices nicely on the up here with Brent trading at circa $90, now looking forward to the upcoming dividends followed by the 500,000+ bpd resulting Wintershall Dea merger by Q4 this very year!
Bloomberg 8 April 2024
Oil Market to Get ‘Extremely Tight’ in Second Half, Citadel Says
Prices could rise to a level that will constrain demand
OPEC regained control of the market, says Sebastian Barrack
Global oil markets are on track to be “extremely tight” in the second half, with prices rising to a level that will eventually constrain demand if OPEC doesn’t bring back more supply, said the head of commodities at hedge fund Citadel.
“It has really fallen back to OPEC,” Citadel’s Sebastian Barrack said at the FT Commodities Global Summit in Lausanne, Switzerland on Monday. The group has “definitely regained control.”
Crude futures topped $90 a barrel last week for the first time since October as a combination of robust consumption, output disruptions and geopolitical risks pushed prices higher. Similar supply-demand dynamics have also lifted other industrial commodity markets out of their slumber, with copper hitting a 14-month high.
Citadel, a multi-strategy firm founded by billionaire Ken Griffin, has grown in recent years to become the biggest hedge fund player in commodities. It managed around $59 billion of investment capital as of March 1, according to its website.
In gas markets, the rapid growth of US liquefied natural gas supply in the next two years will be increasingly important for global prices, Barrack said. Exports of the fuel connect the country with the rest of the world and will have an “incredible” impact on volatility both domestically and internationally, he said.
https://www.bloomberg.com/news/articles/2024-04-08/oil-market-to-get-extremely-tight-in-second-half-says-citadel
As my father used to say " you are mouth and no trousers. Just buy the dips and hold, fundamentals will see this rise eventually!
I'd probably get arrested for grooming you sound like a 2 year old
Not going to post my holdings on a share forum, but as I said I don't lie, meet me and i prove i hold a substantial stake in harbour.
Can't be fairer than that.
Buy the way this share will come good, it's just going to take time...patience!
Time it took you to type that you could have just copied and pasted the transaction
Coco
Given the rise we've seen recently - a pullback/consolidation is a good thing I think.
CPI this week so no doubt we'll have some volatility.
Jackabe, I hold a substantial amount of shares in premier oil/harbour energy. In fact a life changing amount! I'm in Southampton if you want to meet up, I can prove to anyone on this forum if they don't believe me. No reason to lie on a faceless share forum!
Well at least it pulled back half of the drop
These exaggerated asian moves usually smell of heavy 'paper oil' trading but perhaps you are right - no Iranian attack on Israel took some risk premium off
Considering we have 2 big companies with multiple drills going on it’s extremely quiet? Must be a good thing I guess as all the focus is getting it over the line.
We are now 4 months into this and no news of any obstructions in the road to stop it which has to be good news.
I would imagine Harbour will start up the printing presses soon to get the deal votes on which is due to be completed this quarter….0
Could be more to do with the Isreal situation.
There’s no way Biden can have that conflict going on and win the election..
Another day… Another 500,000 BOPD equivalent production…..
But you didnt pop your invrstment up tho along with the rest.
So tell me what point of worthwhile ness have you posted.
Now to me the west going into a full blown dictatorship is a worthwhile topic to talk about because anyone with just half a brain could make a connection to that and the potential effect it will have on the stock mkt.
But to all you regulars and new accounts you think that and the fact the Govs globbally intentionally poisoned there citizens is of no concern and shouldn't be spoke about.
Yet none of you in the last 4 years have ever been right about anything
Pop your investments up then if your encouraging others to buy what's wrong with that.Should be a case of here you go heres my investment I truly believe in it and am loading up.
But no its all bs with you paid to post muppets ;-)
Have I missed a news story or is it our US shorting friends maximising impact by selling into thin asian trade?
After all, soaring oil prices are never good for a president in election year.....
It looks suspicious as gold also getting hit and there is no real move in the US dollar
Jackabe if that ousted jibe was directed at me,
I'm afraid I only post in my name! Been a member here since 2017, and rarely post. Unless I have something worth while posting...unlike someone.
We have so much to chose from but Norway has huge potential to be a great slow but steady earner.
No "get rich quick scheme" but safe and secure investments albeit in a high tax environment..
And so so much to choose from.....
https://www.offshore-mag.com/regional-reports/north-sea-europe/article/14303713/wintershall-dea-secures-five-licenses-as-operator-in-latest-apa-round
Are we involved in all 3 ?
https://www.bnamericas.com/en/news/wintershall-dea-highlights-progress-in-mexico
This looks very futuristic and helpful for future exploration.. I assume its part of the deal ??
https://oilreviewmiddleeast.com/technical-focus/dug-partners-with-wintershall-dea-for-global-virtual-seismic-processing-centre
If it was a buy at $80 oil.
Surely it’s a screaming buy at $90 oil.
And does that mean there is at least another 10% upside on the merger
I'd say so.
Solid business, great cashflow, high dividend, massive growth prospects, almost no debt, in what's looking like an ever increasing inflationary environment.
Oops somebodies just ousted himself
As you said was that in another of aliases that you've never been right in hence the new account
Coco
Jackabe, You should be the one embarrassed, Spouting inappropriate info on this board!
As I said go to a more appropriate site!!!