Member Info for Pelle

https://www.bloomberg.com/news/articles/2021-02-16/blizzard-cuts-u-s-oil-output-by-over-2-million-barrels-a-day

Now 2m instead of 1.
Will be interesting see inventory next weeks

Hello Jan,
Maybe we more fast, I don’t know.
But I see some trends.
Since corona arrived and people start work from home many many started share Trading, a lot of new small companies got crazy valuations and people don’t have a clue what they buying.

A long trend I also seen.
30 years ago we “said” you need buy shares about 1 year ahead of the improved company economic.
And shares actually did pick up early.
This seems different now.
And the list of companies and sectors now are endless.

Therapist, is it good?

Romaron, it’s old and already read it. Lol.
Do you have something new to read while we wait for party

I think point is you can never be 100% sure of direction of price.
Current price is clearly very good for Enq.
So in my logic it’s very nice hedge little more.
The only way this is wrong is if oil go up.
But then we can still hedge more at even higher prices.

Build this up slowly with but security.

Already 1m shares in SE first 8 min trading, yday was 20m full day

Wake up boys, sun i shining today also:-)

Hello L3,
Ok , I understood you now with Novak.
Nearly impossible put a narrow oil average FC this year.
But it will be very interesting follow everything this year.

Hello L3,
Yes, i forget take out BP but using 63 oil and 14 opex still get close to 1b. Or you get something completely different?

Why you choose to trust Novak?

Yeah, and if you look other way of the pond you find world strongest corona year currency.
We might get a lot for that champagne kettle

GKB, maybe I get some accountant after me but to put it simple.
60k = 22m barrels
Oil price 60-15 opex=45
EBITDA =22x45= 990m

Hello E,
Yeah, it seems everything lines up nicely this time.
It’s been a headache for many here 4-5 years.
27p sounds like a good start.
Feel like more and more people taking a view at oil sector and during these years , I never saw as many posts about oil at the Swedish FT (di) chat board as now.
From these low levels it can go fast.

GKB , I got around 1b EBITDA on these prices including new field. Not bad!

Evening E,
I also believe in much higher prices but like protecting the downside bit also. Stability.
We will how they do it.
Do you play on oil prices also?

Hello E

Straight put, is it floor only?
How much does it cost for 5m barrels and 6 months example today at 60 oil?

Agree Plethorus.
4m equal about 50% Jan-april.
Fill up with bit more of same sort of hedge they done with some upside and floor.
They dont need to gamble that oil will go even higher in shortterm

Nice HMH you jumped into those:-)
Think something 2-2,5 sek level can come quickly if oil holds.

Its 15 min delay unless you have account

https://www.avanza.se/aktier/om-aktien.html/221108/enquest-plc

Nice buying in SE, 16m shares so far

Hydrogen:-)