Member Info for comeonvog

davef24 .....Full of s-@t , move on son.

Yes it's lively , never a dull moment and always tradable.

bonker99 when did you join us here.

And a continuation of buy backs even if only 50 million easily affordable , the share count is going down nicely

MPeterson yes very quite today as we move north , i think you can asses who to not trust on this board when they start all the position posting. I still think some of our shorters left yesterday.

Welcome and good luck.

TU in 10 days and lets face it it's been a good two months production and profit to help lower debt.

$60's oil is in the past , inflation and costs of finding new oil make 70's the new low. Everything is going to cost more and then we get wage inflation just to top the lot IMO.

Back over £3 with ease. IMO

TU 10 trading days and counting , they have had plenty of time to plan their next move and my money is on we get something worth the wait.

No contact since before the xmas break.

Just got to ruff it out folks, this is not PMO we are a much bigger fish now.

On one day drop in oil and we get this , crazy. Driving season soon :-)

This is just a reaction to adverse weather in USA , China covid worry's which has hit demand. Hell even the wind is blowing hard after weeks of low wind speed, all will be forgotten in two weeks. All about the TU now with only ten trading days to take positions.

Just a reminder from TU in November, since then we have had Brent consistently over $85 and Gas over 200 pence/therm but we have dropped in SP from around £4.

Revenue of $4.1 billion with realised post-hedging oil and UK gas prices of $80/bbl and 86 pence/therm versus the average Brent price of $105/bbl and NBP gas price of 209 pence/therm

2022 total UK tax liability expected to be c.$900 million, of which c.$400 million relates to the recently enacted UK Energy Profits Levy

We are close to having nil debt ( PMO plague with debt ) buy backs at a huge discount and dividends. TU on the 19th not a time for rash decisions IMO

Why are we down.
Drop in price of oil
Drop in price of gas
War in Ukraine
recession fears
US bomb cyclone
WT
China covid worries
A gift at this price ? i think so as a chance of a bag here over the next year from this level.
China will open up again just needs to get through winter. IMO

proctor44 Well that is the 1 million $ question, i would say a near 50% drop in price might sway but who knows.

The shorts have their chance to leave but will they take it.

Posters were saying buy other assets when the price of oil was in the high 90's and gas was over 400 GBp/thm. That would have been a mistake so they have been right to wait.
Let the shorters out to get our value back, i will be buying more in the 270's if/when.

downbutnotout It will be back , they haven't even started buy backs yet and TU on the 19th , time to stay focused . i got 282.6p crazy cheep . Once China gets through this winter watch that engine grow, demand will be back to trend and Russia is now officially off limits. IMO