Member Info for oxygen

Would be interesting to know projected profitability of CCS at this scale, and subsequent tax treatment, but irrespective will certainly help our ESG credentials.

@Rip. Well over 10yrs ago….may even have been when in short pants !

Think I’ll wait till we go thro 225p ( bought at 22p ! ) .

Impressive performance yet again under AW’s leadership. Clearly been able to raise pricing and maybe ahead of inflation but hasn’t impacted upon sales and a welcome increase in Divi. SP should react positively.

Only Traders catching up on yesterdays IEA Report predicting demand would outpace supply by 2 million barrels per day (bpd) in the second half of the year. Tomorrow they’ll worry China is going into recession.

“Then why did he ever float on the stock market “ …..to mug investors at a ridiculously high price and in so doing make himself rather rich ….easy money.

This is a no brainer for those of us LTH’s outside the UK !

Just another Fund trying to get rich on the back of others hard work. Good decision, hopefully others will now realise MM isn’t quite the mug he’s painted by some.

Not forgetting the Management who must be viewing their latest Growth Plan SP hurdles as now pretty difficult to reach, but guess they’ll just all agree to pay themselves more instead.

Unfortunately it’s probably now fairly academic what Sunak/ Hunt do, if anything to support the Industry, as the chances are the new Administration will merely unpick the knitting. The Markets response to todays update is rather telling and fairly depressing !

I view that production / gas upgrade as now covering the Dividend ( 1p ) !

Well it’s a positive move and as stated “ aligns with EnQuest's strategy of ……enhancing exposure to gas and international assets “ .

We’re just seeing the true nature of Politicians currently playing to the populace with misleading ideas that the O&G sector can easily afford higher WFT’s to offset domestic energy bills. When in power they may discover a bit of a problem with that idea.

All those US Regional Banks seem more loved than us right now, not helped by headlines ( Daily Mirror) such as ‘Obscene’ profits by Shell & blaming them on ‘failure of Tories to increase WFT further ‘. Couldn’t blame AB now wanting early retirement and regretting his past Tory Party donations !

Looks like a ‘fat finger’ error, with two 100m transactions, the second cancelling the first according to the Exchange print out.

Give it a few months, I suspect sentiment will change once POO stabilises with help from the Cartel. The lack of BoD purchases at this level could indicate something in the wings but irrespective if this continues to fall further I will be a buying again.

I read that Keir Starmer is now calling for the Government to hit the Industry with what he calls a ‘proper’ windfall tax, on the back of BP’s Profits. Either complete naivety or just a wish to cripple a rather crucial Industry, I fear the latter.

See the latest comforting advice from the Bank of England is to just accept you’re now poorer which presumably applies to all those recently mugged by the Chancellor, and a likely indication they realise their Monetary policies ain’t working too well !

@Tim. As I thought, but these meaningless throw away comments add nothing to an otherwise generally informative BB.

Are we presenting / attending at Chicago ?