Member Info for laidback

Why is this not £3 + !!

Wow

Shows we are severely undervalued here !

Arc produces 370,000 boepd

So how much is Hbr worth ?!

Back to stand off and surging oil prices

Ok, we all agree share capital repurchased will be 8-10% of outstanding shares.

That is huge !!

There's no official confirmation of this .... just rumours. I think the stand-off will be longer ....

My estimate is @10% of outstanding shares will have to be repurchased, so @150m shares.

Still huge !!

DKOKS

45% must be returned to shareholders per company policy. If only $300m paid as divi, the rest MUST be buybacks. Still leaves 55% of FCF to be used to pay debt !

Crazy how FCF this year is nearly 50% of mkt cap

The longer the straits are blocked, the more 'baked in' higher oil and gas prices

More rises coming tomorrow

And trading update May 7th

We should be over £3 now ffs !!

Straits will not open any time soon. I think we are looking at weeks of this.

Oil will be $150 once tightness of supply feeds into global markets ... that moment is coming very soon !!

Rubbish. Hbr is perfect morsel size for one of the majors wanting to diversify away from the ME.

Even BP was a target a while ago

Longer the war goes on, more likely chances of a cheeky bid. What will majors do with all those enormous cash balances and dwindling reserves ?

Hbr is truly a sitting duck at this point, and cheap as chips. Won't be long before there is T/O activity in this sector.

All imo

Al Jazeera - Iran not going

Won't meet now. US just seized an Iranian tanker. Iran will not be going to talks in Islamabad imo

Lower oil better for world economy tbh ... demand destruction not ideal ... sweet spot for Harbour $80 - $90

EPL will end sooner than 2030. If blockade continues a few more weeks then the pressure to get drilling again in the N Sea will become overwhelming from the public. So that means changes to tax to incentive investment again.

Looks like Iran will also defeat the EPL

No I think rise is Hbr specific and to do with 60% undervaluation of the currennt share price

A larger coŕrection here is coming soon

Shell more likely ...