focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
simple.
Nobody is selling this stock unless shrouded in fear uncertainty and doubt. Any person that can do simple math will see that this is a winner and undervalued. In a way this stock has reached its rock bottom, only way is up, good or bad publicity
If through lack of proactiveness they won't reveal their cards then external forces (media, analysts, shareholders, brokers) should force their hand
As negative as this chat gets, new depressive lows have been reached. It's true, that the shareholders have been cast into the shadows, solely relying on speculating between ourselves, debating on matters to which we're not privy, and even arguing on a personal level.
We know this is a great stock, but not everyone does. I think a decent start is to reach out to analysts that cover our investment:
Arden Partners - Daniel Slater - email: daniel.slater@arden-partners.com
Canaccord Genuity - Charlie Sharp - email: charlie.sharp@canaccordgenuity.com
Investec - Nathan Piper - email: nathan.piper@investec.com
Panmure Gordon - Ashley Kelty - email: ashley.kelty@panmure.com
Stifel - Chris Wheaton - email: chris.wheaton@stifel.com
The most recent upgrade came from Canaccord Genuity (speculative buy). We need more brokers to be rating the stock more favorably.
Management is reluctant to raise the value, maybe we the shareholders can influence the state of affairs.
UJO recently announced a maiden special dividend.
If HUR were to go down the special dividend route...What payout could we expect?
Glo
Spat some coffee while reading that. AM truly is a troll.
As it stands, without a future plan but with a revenue-generating well Hurricane will be good until EOY 2024.
Question: What happens to the company EOY 2024? Dissolution?
*far east xD
No, the company has switched to RNS on a quarterly basis "In line with industry standards"
Email Sent
1.2bn barrels they said.
It's true AM is too passive
there's no future for HUR with him onboard.
company ought to be taken over ideally by tullow oil and have new mgmt
Unlikely to call it a bad week if one doesn't have expectations. P8 garnered high interest but P6 is still the corner stone of HE profits, I call this mediocre news as with most news that comes from this BoD
Share buy backs - fine. For Sale sign up - For a company that has a single profitable well that is drying up EoY 2024, unlikely.
This is the end of an era. Without a doubt a huge loss to Britain and its people. I feel like Britain's biggest cultural export has just passed away and it will never be the same.
Brent is back to January 2022 levels and if it wasn't for the war then EPL would've never been introduced. All sectors are taking a big hit, hence there's no reason for the government to take a bigger cut from the Oil and Gas sector. On the other hand, the government could amend the EPL so that it doesn't tax profits on small oilers.
This is the calm before the storm. Sure, we've currently got a boring RNS from Maris, come September/October we will have big news:
- Next uplift will push profits close to half the market cap
- Mid-year reports
- Expansion/M&A???
Just because someone has money doesn't mean they are smart. Yes, I'm looking at CA with their 30% share and deciding who is on the BoD
Hurricane Energy (LON: HUR) has reached a “key milestone” paying off more than £78.5m in convertible bonds to its lenders.
The repayment marks a huge turnaround in fortunes for the firm, whose future looked uncertain 12 months ago.
Around that time it was looking at having to repay a total of $230m to bondholders, with limited cash on hand.
But the surge in Brent Crude oil – up from $40 in July 2021 to more than $100 – has changed its fortunes.
CEO Antony Maris emphasised the importance of the bonds breakthrough for Hurricane, and discussed future opportunities.
“The repayment of the convertible bonds is an important and key milestone for Hurricane as we move into a new phase for the company, focusing on building a long-term future for the business and creating additional value for our shareholders.
“The excellent operational performance of the Lancaster field, for which I pay a huge tribute to our whole team, combined with high oil prices has underpinned the establishment of a strong financial platform for the company.
“We continue our work to identify the most effective capital allocation opportunities both within and outside of our existing asset base, and which best fit within our growth plans in the context of both our own and the UK’s transition goals.
“I believe that Hurricane going forward is attractive to investors and well positioned to look for new growth opportunities. Our focus is on creating value for shareholders and we are being very rigorous in assessing which opportunities will best deliver that.”
Shares in Hurricane Energy are trading at 7.2pence.
Or they are getting AM and the BoD sloshed to get some extra info out of them. Wouldn't put this past senseman
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