Member Info for Jim800

Not surging indeed but DEC share price is up 18.2 % over 2 years, up 23% over 1 year but down 6% over last 6 months. That’s not including a very healthy dividend.

So your view is dependant on your entry points.

My SIPP capital now in the blue due to more buying on drops last few years. My ISA capital now only down 20% or so, mostly due to historic purchases in late 2010s prior to consolidation.

I’ve been well paid in dividends for 10 years now so not as gloomy as you 😀

Ex General now paid talk circuit guest.

I never said US wasn’t over reaching itself I just doubt Israel will attack Turkey in the next few decades. They’re pretty busy with current activity.

Anyway - back to GKP share price - still up 😀

Mr G - I think the emotional impact on share price from O&G price rises is immediate but restrained.

The bigger actual impact on the bottom line takes longer to hit results so more time to impact share price.

Of course with gas, there isn’t really a price. There are lots of markets depending on where your delivery infrastructure ends. HH only up 5% today at 3.3 ish - much lower than it has been earlier this year when it hit 4 plus. Not all dec gas can get to the international market.

“Former” - there’s a clue!

Guess the financial incentives to open up are mounting if you call that pressure.

But doubt anything will happen until either:

Iran changes strategy and stops attacking its neighbours and focusses on Israel and US targets.

Someone puts a defensive shield over the oil fields.

Someone underwrites the cost of loss or damage whilst pumping going on.

Think the first one is only credible hope and don’t see that for a few weeks yet.

Of course Donald could just call a victory and go home any day he feels like it.

I’m pretty sure there are plenty of other forums for tin foil hat wearing conspiracy theorists.

No need to clog this one up with your slightly bizarre opinions - we’ll be back to faked moon landings next 😀.

Meanwhile, for a non-producer with no income, GKP share price doing very nicely today.

Another 250k shares bought back on Friday.

LSE late with the 0700 RNS releases today.

Hex up

25% over 6 months

11% over 3 months

15% over 1 month

5% over a week

Lots of holders in profit and some will want to take it for reasons other than lack of long term confidence.

I can’t see anywhere better but that’s what makes the market.

No BBs since 26 Feb would explain some of the reduced buying and hence falls.

Amazing how many companies buy back shares when prices are “average” yet cease when the price falls lower and they would be far more cost effective.

Depends on your definition of substantial. From Jan trading and ops update.

Production

Israel (kboed) 108 - 114

Rest of portfolio (kboed) 32 - 36

Total production (kboed) 140 - 150

So pretty heavily skewed towards Israeli reserves. Only about 25% elsewhere.

Arrow street now seeing the light. Yesterday they reported a reduction in short volume from 3 March, reducing by 0.08 percent to 2.25%

That’ll add some buying as they continue to escape.

US aftermarket up again yesterday so UK price likely to be up 20-30p on open.

All looking more positive.

BBs still continuing at significant volumes.

Makes you wonder where the SP would be without them!

Anyone understand the rationale behind the recent snakes and ladders in the share price yet again?

Big swings in both directions for no obvious reasons.

About £670k worth of UK trades after the UT today as well.

Positions are changing both sides of the Atlantic.

Well they got properly burnt.

Bought in and topped up at 940/950 ish - then cashed out at between 990 / 1140 on results day. Had to pay a dividend as well 😀

The numbers in end of year report did not include latest Sheridan deal do we don’t know today’s cash position.

Whilst SP is rising they probably want to complete Sheridan deal then re-assess cashflow. They might miss some bargain prices but will hopefully avoid expensive borrowing.

Hopefully plotting off book BBs in the background.

Ponzi obviously not an AI bot.

I’ve never seen so many spelling and grammatical errors in one post.

No RNS seen but Reuters were reporting DNO halting production and moving staff to safe areas on 28th Feb.

Genel won’t get a say in the decision.

Emotion always trumps fundamentals in the short term 😀

Bet Barclays wish it was the other way round 😀