Member Info for Nitro182

$350mill divi would of been immense however it wouldn't of benefited the company would it? Other than a massive SP increase and then everyone sell once the ExDivi date has past.

$1 billion free cash flow after tax is still a hefty amount right? Aswell as 250mill share buy backs (hope they start soon as there's no clarification as to when this will happen) and $100mill divi. Got to be worth hanging around for hasn't it !

Can't wait for him to continue spouting the lies , "those North Sea oil and gas companies making unbelievable profits" , what an inept pr*ck he really is. The bloke should be retired to a care home.

Was a new one to me ! And didn't realise the EPL could be referred to next year while we keep the cash. Amazing. Today proves the the board are committed to rewarding its shareholders which I started to have my doubts about with how the last SBB's worked. Onwards and upwards from here , and in the meantime the government can go and sort their own issues out , given that they can't get their hands on the tax they really are in the sh*t !

Who else crapped it when they read "due to the EPL all our profits have been wiped out" ?

I know I did !

Those sells were hoovered up big time at opening.

Wow what a move by the board ! Absolute genius. We also get a 200mill SBB's and a real healthy dividend. Aswell as massive opportunity to buy elsewhere with all the cash we have. The massive positive is that the media here will highlight the company is making job cuts due to the EPL. Screw you government.

This is nothing compared to what we had the other week. Stay above $80 brent and I will be able to sleep at night ;-)

Well brent is hardly tanking and the US markets are now green !

Knowing my luck 240p and to lose even more of my hard earned wages. However the fundamentals are there for some positives tomorrow, including that $200mill + divi being handed out with even less shares in issue. I'm going for 500mill debt , 250mill divi and interest in an acquisition of some sort.

Well tullow are a different story. Fcf 200mill and 1.9billion debt. Says it all.

What's with the sell off today? Thought everyone would be scrambling to bag more shares before results? Unless that comes later.

https://www.harbourenergy.com/news-and-media/latest-news/2023/viking-ccs-receives-independent-verification-of-300mt-of-co2-storage-resources/

news out today from the official website

the POO is tanking , however its still above the much better improved hedged levels :-) just a bit of positivity right there. Also the pound to dollar ratio is to the companies advantage too ;-)

As for the buybacks stalling £15mill short , i wonder what the reason was ? recon we are looking at a $250mill divi pot?

It's funny how the FED want to raise interest rates higher to make the payroll data worse , I.e more people jobless. Wow. What a bunch of crooks. Psychos the lot of them.

Yeah , I'm pretty sure the market right now aren't taking any risks so will act accordingly to the results.

Also with further drilling in Mexico and Indonesia later this year the future production levels are protected as North Sea production declines. News of M&A , or a reduction in the WFT due to the low gas prices the SP will rocket. I'm still confident this is a good place to be.

FCF of 2.2billion , 500mill debt , 5billion revenue for the year cant be terrible reading at this SP can it? Should result in an excellent dividend and maybe more share buy backs.

As long as the poo doesnt tank during 2023 (opec has this under control) the better hedges here will result in the same revenue as last year , however the WFT off sets the profit but with the tax losses and less debt to pay the returns here should be excellent. That's my take on it anyway.

As soon as J Powell is due to speak the profits are taken here , and its rinse and repeat. This is because his speech always tank's or drives the POO. The dividend itself will protect this SP at these levels , however I'm not too sure how much gain we will see on Thursday.

Back in again at 293p. Thought best to play it safe.