Member Info for Pelle

Hello Romaron,
Mexico, I think they do monster hedge around same time every year without any intelligence added.
Little bit different

If AB would have gone full hedge 2018 for 2019/20 we could have got 80/70 approx 900m additional FCF.
0 hedge was done . Think that was foolish.

It’s also not so nice go without hedge with debt pile.
Swing SP between 40-8p.

What is 62404?
You just did it?

Funding secured!
For Enquest if AB still needs help.
I will stay here 2-3 years more for this to play out at least.

Tesla will only be small gamble, maybe spring is right timing

Mrc, No not yet.
But it’s interesting

South Korea export up 17% and import up 24% first 20 days Feb compared to last year.

Thanks to FlashTrader at Avanza

https://mobile.twitter.com/PippaStevens13/status/1363633981464444929

US demand is back to 2019/20 levels, can imagine in another couple more months it will outpace 2019 line.

https://twitter.com/staunovo/status/1362434799491760128/photo/2

It looks like there been one increased SP target to 30p last week.
Anyone know how to find out more?

https://www.marketscreener.com/quote/stock/ENQUEST-PLC-6098532/consensus/

Hello Romaron,
Hope new sofa is good, but 6 people only?
It’s not even enough for the Swedes here. lol.

I also listen but not 100% focus...

IPC, he very proud of the potential FCF next 5 years at for example 65 oil .
He can pay all debt and buy back all shares etc.
My rough numbers says they half EV and a quarter FCF compared to Enq. So we half price.

Lundin is very solid.
Africa Oil, Think you should listen. HMH likes it and they probably second cheapest in world after Enq.
I been in and out trading vs Enq but will start build a holding now.

Another note I made is how many use long term hedging 1-2 years. So most went through last year without harm.
Think Noreco said they hedged in 2018 so they got all production 2020 at 70 oil.
Think they had 55 hedge now.
So Enq swing it different.
But if AB nailed it 2018 we could been 900 m less debt now.

If oil perform well and AB gets it right, I think Jan will need start look for 60p place end of this year.

https://mobile.twitter.com/lawyer4laws/status/1354526622460891137

Chilting, I listen to this energy conference.
7m electric cars on road now and 1,4b gasoline growing to 2b. If I remember correct.
Anyway cars is just small part of demand.

And sensible projections say oil demand will stay around these levels next 30 years.
Green energy will pick up the 1-2% increase of total yearly increase maybe.
Coal will suffer.

We will see, but it’s a 30-50 year horizon with oil not 2

L7 and HMH,
I am also engineer if it matters. But I work daily with smelling demand supply gaps and solving it.
This smells big problems in summer and further.

Reading the careful outlook of BHP and Lundin you will also need higher prices mid and long term.

Hello HMH,
Agree oil probably need drop below below 50 to see 1,3 again.
Depending SP around OO
If higher 3-5 SEK, I might use it for the OO.
If around 2 SEK, I might keep them because it cost a lot sell and buy them.

Nice HMH,
If I get opportunity I will add some more on those next week.
Have you thought about holding them through the OO?

And Swedes walked straight through the storm with even more shares

Välkommen:-)

17 lol.

Think oil will go up next week after this small drop.
Enq will follow

Dallas looks different, snow and few cars

3m lost production

https://www.bloomberg.com/news/videos/2021-02-17/what-the-texas-deep-freeze-means-for-oil-natural-gas-video