Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
If BASF are selling out of the combined entity after the deal someone needs to load up.
If its Mr Slim whats the problem.
New money taking buying in.
Short term price moves aside, not sure about a 12 month multi bagger, but 360p with divi's along the way will do for me.
The US dollar is getting stronger at the moment.
Which, apparently reduces commodity prices like oil.
Were seeing this at the moment and perhaps why O&G stocks are falling.
If your invested here, you have to believe the world still needs oil and that HBR are doing the right thing by diversifying internationaly. HBR are cashed up, at the moment, and can maintain the divi while you wait for the deal to hopefully rerate the shares closer to 360p.
Otherwise buy a tracker fund.
Not just CEY.
Resources stocks in general seem to be having a better day. EDV etc
More likely that overall politics are having an effect.
With China talking about repatriating ALOT of money back to china how will the US dollar react?
I weaker dollar suggests stronger commodity prices which would be better for miners.
Markets looking ahead ??
Reading all the projects pfc have in the pipeline they do seem like a company with huge potential. Leaving the past politics behind and sorting the current cash flow, surely makes this a great share to own. Huge risk of equity being wiped out. But traders aside, the underlying business seems intact and a huge asset for someone to own.
Manufacturers seem to be in favour at the moment.
With things settling down after the serious disruption of the last few years it seems they are getting used to the new normal.
Companies reorganised and going for growth.
Bab included.
Nothing spectacular from todays update.
Small production fluctuation, product prices as expected from recent oil and gas price moves which can be seen daily.
Uk production to pay the bills, overseas projects to provide the growth, which takes time.
Waiting for the Wintershall Dea deal to go through which with 25% acceptances is not a done deal, yet.
Debt free and paying a nice divi, while waiting for progress.
As one of the bigger and more diversified middle tier production companies HBR is surely a better option than north sea focused players.
As with most investments, take your divi, sleep soundly, and wait for the deal, whichever way it goes.
Trade if you like, and provide fodder for MM's. Who in my opinion do a good job of promoting 'liquidity'.
Plenty to like in the energy sector with updates from Wood group, Hunting and gulf marine services all pointing to good times ahead. With increased focus on sustainable fuels, which is welcome.
DYOR
Is a 0.1% change in inflation really statistically significant?
The margin of error on data collected is quite wide from what I remember reading in the past.
We've seen many times that stats are updated later down the line as more data becomes available, sometimes fir the better somtimes for worse.
Doubt people change their spending habits on such low indicators.
Perhaps part of todays move is due to the announcement that DRAX is going ahead with the carbon capture scheme.
Harbour are players in that market too.
https://www.theguardian.com/business/2024/jan/16/drax-gets-go-ahead-for-carbon-capture-project-at-estimated-40bn-cost-to-bill-payers
Having invested in KMR years ago, only to be wiped out when the debt needed refinancing, I vowed never to be a backer of an early mine start up again. HZM has always been a great story and fantastic to read about. But mine financing is best left to the big boys in my opinion. Cost overruns and delays are inevitable in big capital projects. Impossible to place a 'future value' on the shares becasue its not known how many extra will need to be issued, in my opinion.
I'm sure the mine project will do well with the backers it has. But will retail investors be wiped out before then.
Could share price weakness be due due to the obsession with tech / AI at the momen?
O&G all down recentley.
They just need to announce they will be using AI to improve flow rates and the share will fly!
https://www.investorschronicle.co.uk/news/2021/07/15/tullow-oil-finds-cash-flow-life-raft/
Last week POG were tipped as a trade, with a risk of a takeover, and ultimately UK shares becoming worthless.
https://www.investorschronicle.co.uk/the-trader/2020/06/18/petropavlovsk-going-for-gold/
After today's events they've updated their opinion to they've had enough of the board room fights for control ...
https://www.investorschronicle.co.uk/tips-ideas/2020/06/30/yet-another-board-coup-at-petropavlovsk/