Hertz is selling about a third of its global electric vehicle fleet, citing weaker demand for its electrified rentals. The car-rental company says it will use part of the proceeds from selling about 20,000 EVs in the U.S. to purchase internal-combustion-engine vehicles.
Unfortunately this will fall on deaf ears - They couldn’t give a toss about wrecking jobs and people’s lives as we have already seen, they only care if it affects themselves somehow.
Honestly these loony’s we now have in parliament would sell their own kids if it was a benefit to them.
They throw the industry under the bus and painted this picture like it was the oil and Gas companies that were the ones that went to war for pure profit
I can't understand why someone hasn't challenged the government in court over the EPL charge and the statement of "Oil and Gas companies are making extraordinary profits and this is expected to continue"
That statement is wrong and should be challenged to "Some oil and gas companies"
They should also compare the oil and gas companies to the Banks over the past few years and see who made a bigger profit - They might want to add in a few MP's to that as well
I'm surprised AB hasn't taken us private.
We are 14 months away from a massive reduction in costs.
I wouldn't be surprised if we all get screwed over before that happens - There must a reason the SP is being so suppressed
I Fracking hope not
Why does our market cap keep on falling as the debt is being reduced? We should be seeing a seesaw effect going on, debt on one side Mcap on the other. There surely has to be a point when this starts to happen.
Jefferies Mark Wilson forecast a P.E. of 2.7 for 2024 but still he gives a poor target price.
Unbelievable
I personally think it would be a mixture of both as that would take care of any day traders wanting to short the stock and protect against any down turns whilst giving the larger funds attractive cash return
Stuart Payne's comments must be pathing the way to a Floor on the EPL charge, I can't see them removing it as that would be throwing Labour a bone but a floor of say-$90barrel will do the job nicely and that's much more difficult for Labour to complain about
The only other thing Labour are now stating is that our North sea oil is sold on the open market and is exported. So it doesn't lower our carbon footprint if we import oil as we export most of it anyway so it doesn't aid our energy security either.
Like I said before EnQuest have proposed different development concepts to NSTA but approval hasn't obviously been agreed, pressure is building and I'm sure its not too far away. Bentley more of a longer term project post ELP
Once Bressay gets the green light it adds a massive amount of asset value to our portfolio
Wee could be just weeks away
Https://www.zerohedge.com/energy/green-energy-waste-overlooked-climate-agenda
We were 14.2p before the news landed on the 22nd December.
How can one man and his opinion push our SP down so fast so easily.
This is a big problem for us as we have been and still are so easily manipulated
We are a investors nightmare and that wont change until we have returns on the table.