Member Info for Nitro182

I read an article 2 weeks ago where apparently $70wti is the best price of oil for the US economy. It seems Trump does not care about that.

Small amount but good to see.

It's the trade war and price of oil. Just got to sit tight. Check out talos energy share price, and bp. All oilers have been hit hard.weird times.

All I'm hoping for is the UK government reverses the wft as needs to be energy resilient and the US is not a safe alliance right now.

Remember the main reason why last years financial results were so bad were because the one off costs associated with the merger completion.

I think the most important is that you collect a decent divi and have more powder dry to buy the dip on ex div day. As for hbr operations I can't see any danger due to the sheer scale of production and the hedging. The UK government have far more to worry about.

Well this is a positive given the rest of the turmoil in the markets. Hopefully this is the bottom and enjoy natural growth from here for years to come. Hold and enjoy.

$14 mscf is really high pricing what I believe.

Well i didn't think politicians could be so stupid but there you go. The north sea is nothing but a black hole on the global investment stage right now. Who would of thought such industry would be forced into demise by the ones who have all the power. So scary.

With market crashes like this I'm still chilled about it all woth hbr. Alot of there production is hedged really well and the world still needs oil and gas just like last week. Nothing has changed other than short term proce volatility. The investment credit rating still exists and so does the decent cash position. Just got to sit tight for a while and possibly add more at super low prices

The world is on fire. Never thought I'd see this again ! Everyone is losing !!! And I mean everyone !!!

Imagine how Carlos feels right now?

Thing is in this scenario I'm sure hbr can get a great deal buying back basf shares at a cheap price.

Also , I also gather than hbr are better positioned that the likes of the majors,bp , shell when the oil price tanks? Bp have $70billion debt (scary) and shell have $62billion ! At least hbr are just an upstream producer rather than refinery and other services which will be getting hammered all over the show.

Well $70wti is best for the US economy

Well, the financial performance of hbr is less volatile to oil and gas prices now due to the investment credit rating , alot less capital spend going forward due to the great producing assets acquired, and also the very good hedging. Not to mention last years one off costs due to getting the wintershall merger complete which now won't be on the overheads.

Imo the risk is in labours hands as the north seas jobs are decling at a rapid rate, and this isn't so much a hbr problem as the assets in the North Sea are just ticking along nicely at minimum costs (150k boe a day which again is minimal production)

Well i think it's more what are the government going to do in the spring with the spending review and the epl. The industry in the North Sea is in turmoil and the government can't risk destruction surely ? Even more so with current global events !

Massive volume ! 2x 18million trades at 212p at 1300pm.

Yep and get paid in may.

The share price will tank on ex div day , which then I plan to purchase more shares.

Https://markets.ft.com/data/equities/tearsheet/profile?s=HBR:LSE

check out the movers tab under profile. There are many companies showing 100%sold inc JP Morgan (market maker) . Maybe now the selling has completed (part of the driving down SP exercise) the buying will occur?

What is going on?

2m x2 traded at 11.23am , at 196p

EIG Global Energy Partners LLC

125,983,303 8.748 % 360 M p

this is EIG's current holding

https://www.marketscreener.com/quote/stock/HARBOUR-ENERGY-PLC-120993565/company/

And this states HBR's portfolio of investors. EIG hold a massive amount of shares , are they selling to then buy back more as BASF are selling too?