Member Info for Infor

Gosh the SP rising someone must have found a free gas and oil substitute.

Brent $112 and UK natural gas futures skyrocketed to around the 250-pence-a-therm mark following news that Norway's Martin Linge field has reduced capacity due to a compressor failure. Norway is the world's third-largest exporter of natural gas and the UK's primary gas supplier, exacerbating concerns about disrupted shipments in an already highly tight market. Gazprom decided to limit flows in the main Nord Stream pipeline to just 40% of its capacity, so surely going to plumit!

Hurricane up 3%, makes sense for an oiler with no oil!

Can't too many more sellers at these prices, we've hit rock bottom!

Last time the SP was this low was in February when Brent was $98. Good news to send the SP rocketing......its raining here :{

I knew that would send the SP plummeting, better not mention August Natural Gas Futures are 250p/therm or that the price of Fresh North Atlantic Haddock is 24.84 NOK per kilo, that would be disastrous.

$111 and rising...

Putin has signed a decree to seize the rights to Shell’s gas project in Russia in a move that could force the British energy giant to abandon its investment.
Good or bad for us?

Brent down to $108 but UK natural Gas Futures high at 248 for August.

All dem deh shares are getting mopped up for the next 3M UT and buy back tonight......

Harbour stated:
At $100 /bbl and 200 p/therm average prices for 2022, we expect to generate between $1.5 and $1.7 billion of free cash flow (after tax and the $200 million dividend payment) with the potential to be debt free in 2023. As a result, we have significant optionality over our future capital allocation, including for meaningful value accretive transactions and additional shareholder returns.
So with Brent @ $116 and 'UK natural gas futures skyrocketed almost 50% to above the 250-pence-a-therm mark and is heading for their biggest monthly gain since September 2021 following news that Norway's Martin Linge field has reduced capacity due to a compressor failure' Harbour is set to become one big cash cow.

Good old fashioned profit taking late on. On a steady upward track. Brent still at $117, all good in my mind.

Gosh! that's cleared out the cupboard for the big buy back tonight.

Big sale of 579k @ 3.74

There will be a big buy back tonight.....

Brent nearly $120

The movement with this one will be sudden and you've got to be there when it happens. I sold most of mine a month ago and can't see any reason for a proper rise just yet. Yes they sucked some in a couple of days ago to create some liquidity but generally the large spread suggests day trading is not being encouraged and the SP will drift. If I had stayed with it I would be sitting on a 33% loss instead I'm breaking even in energy hoping HBR will carry on its rise.

The ships leaving the HBR...

Why has a trade of 7.37m shares @349.687 just appeared dating back to 24/06?

Let's not forget:
2022 revenue forecast increased from US$4.92b to US$5.18b.
EPS estimate increased from US$1.62 to US$1.82 per share.
Net income forecast to grow 1,506% next year vs 57% growth forecast for Oil and Gas industry in the United Kingdom.
Consensus price target broadly unchanged at UK£5.83.