Member Info for onedb

So Monday with oil futures above $105 we have reached $100 year to date which will be delivering the oil side of debt free

As for Gas average its at 230p Happy DAYS

And we have 3 days of value creation as we enjoy our long weekends .

What is there to worry about today lol ? This is great for bulls

I think that contract was expiring today as June is higher . Normally that is also a correct link , but that contract expired today

Use this today https://www.theice.com/products/910/UK-Natural-Gas-Futures/data?marketId=5253319

or ticker on trading view UKG1

futures that is.

So for as long as we stay above $100 the debt clearance comes quick , if it falls below it will probably just get delayed a few months Needless to say its a great average as $70 would have made me happy prior to all this rally and geo political mess

one could argue that at least he still has interest in women as opposed to his counterparties that seems to want to cancel them ..
On a serious note MPs of all sorts are in so many cases really unfit for public office . No bench excluded the fact people still vote for one or the other like it matters is what bewilders me

hahha cheers for that. Sting I have to put that disclaimer as am told by my own compliance.

Mind you i hope this flies and you'll make loads of cash

little reaction to the much awaited for Tolmount (am finally happy with this )and again this morning we get a hint from earnings Aker BP record profits should be a hint of where we are going . I don't think forward P/E is as a post here below suggests at 3 but much lower at 2ish .
Firm is bang on track to be debt free by early 2023 . Much faster than many I track in the US oil and gas segment .
Time to wake up as even double this is low now.
Disclaimer:
I hold and the above is just opinion and no advice to be taken from it please .

I added believing this to be crazily under valued and added to my bigger pot . To me this is a buy the dip moment . Read Moody’a outlook on oil and it seemed very positive . I can’t see the structural issues of insufficient capex across the industry being reversed whatsoever . These prices are great and outlook great too
All in my opinion no advice given I hold this stock in my personal portfolio .

what a pathetic reaction today. Must say. Will add on any further dip

Hi Plebleens

Add to that , that in 10 days with Brent at 105$ ( future) current $107plus , we will have a year to date average of $100 which is what they wanted to support a debt free 2023 forecast .

As for valuations vs US as I read here please don't forget that US oillies have been multiplying and have moved a lot faster than European oillies , so the catch up for HBR in my view has now started.
IF anything look at Margins ! The key metric , they are rising super fast . The impact of FCF will be amazing and I can't wait for next ops update

beaten me to it that is

hahah "even I understand most of it and computers were steam driven in my day." what a classic ! Made me chuckle.

I agree its all very simple precisely for what you posted . Mind you I felt I was explaining it easily but you beat me to it

that is a good thing you mention there Romaron, Moody's ratings. the next notch up is important. The higher the better quality investors it attracts. The more stable outlook the cheaper it is to issue bonds . I look forward to seeing the ratings rise across the sector as the forward curve in oil prices looks very solid all the way out to 5 years.
Imagine that P/E ratio is based on earnings that are already bettered and margins looking good here (which is my key metric and wish we had a live chart of them , I can dream )

HI Romaron Reg S is SEC-compliant way for U.S. and international (Non-U.S.) companies to raise capital in and outside the U.S. Nothing sinister about it . After all Enquest is in Europe and I believe it would need a presence/setup in the US otherwise / They also don't need to register with the SEC, they have to file a Form D, which includes information about the company's offering, promotors, the companies themselves, and some further information about the offerings.

So in essence its all about compliance efficiency and costs. nothing more. But will ask my compliance later as am no compliance officer . So above is just my educated guess.

Should read " Average Front Month (future) now at $99.21 YTD

Again another great indicator as nearly 4 months have gone this year so far and we are on track to achieve the averages needed for a dream scenario of great FCF creation . For Gas so far we are even well above target 200p .

Next trading and ops update on the 11th of May .

Getting closer to 100$ year to date and hence giving solidity to the debt free statement .

Its only a matter of days before 100 is reached on average and may well go a bit higher .

Q1 2023 debt free and if we get further big rallies who knows an early Christmas present .

Whatever the date I don't mind as its implying strong free cash flows and the confirmation will come at every update

My view is to accumulate here as I am doing

For those who are not familiar with him he is a well known Credit Suisse investment strategist, very direct and outspoken, One to follow in my view if you don't
Now look at his view on oil and commodities
Am keeping if not even adding to my pool of oillies and soft commodity plays , but oillies in particular
Why ?
Well read this( see link below ) as it shares my analysis and the conclusion is inevitable oil rises are coming
The other view I have is that inflation adjusted Brent is no way near any all time highs and it would be crazy to suggest that we won't get there So for me 2023 150$ here we come

Enquest target of 30 was achieved , next 38 next 48 next ... well will tell later
All in my view no advice as always

Enjoy reading this

https://www.benzinga.com/news/22/04/26435189/you-can-print-money-but-not-oil-to-heat-or-wheat-to-eat-zoltan-pozsar-warns-central-banks-wont-be-ab

good memory and thanks . I was stopped on a spread. LIke I trade so this happens nearly every week its normal doesn't mean I don't buy back or trade as I see fit , which I often post with a disclaimer as am forced to do so

BBs should lose the anonymity in my view , force people to publish with a real name . Its pretty clear that BBs would benefit .

I know me and you are due a coffee as I promised , hopefully in May I have your mail

all the best

Anyone knows this smartpants , just about all his posts are focused on me .

If there is someone I need to contact I'll gladly contact admin given this troll has been following me under different guises on other bbs . Time to get rid of people like him, a wimp