Member Info for Pelle

L7, it’s on Enquest page

https://www.enquest.com/fileadmin/content/press_release_pdfs/2022/2022.10_EnQuest_Credit_Update_-_vFinal.pdf

Dont know if you seen it

https://www.enquest.com/fileadmin/content/press_release_pdfs/2022/2022.10_EnQuest_Credit_Update_-_vFinal.pdf

Time To celebrate boys!
With these oil prices Enq will rocket over next 6 months and debt will be tiny tiny.

Romaron, yeah I didn’t get the numbers on previous post.
Checking H1 profit after tax 200m
So that would be around 300m per year after WFT forward.
Something in that ballpark I would say

So now they working with figuring out what come first the chicken or the egg? Lol

Indy, agree its the refinancing hanging in the air.
But according to last update and my calculations
RBL free capacity + cash = 1043m end Aug.
And HYB 794 m.

They can’t empty cash completely and I think the lowest they gone is 200-300m in cash.
So I assume it can happen very soon

Romaron, I am also simple guy.
I was just trying to say there no reason for Enquest holders start eat bread yet.
With 85 usd oil and so strong usd Enq will do excellent!
Basically we are on the last 400m lap in this marathon of debt reduction.

Romaron, sounds like you created your own recession/ depression… why?
From where I see usd is up close to 30% to GDP so 85 today equal 110 usd oil one year ago.
A level we could only dream of for several years.

Romaron, please note you have several Swedish readers here and your leaving out very important information. What sauce did have with the steak?

Romaron, yes you can trust these Avanza numbers.
As I said maybe Lundin holders got a slice of Enquest for free. Maybe make up for 50% of the 9k without making an active decision.
Another more interesting tech company is Sinch , 75k holders and down 90%. Still 1b+ usd Mcap.
Might be worth pickup if when market turns around.

Our relative wealth are increasing with holding Enquest

Hi Romaron, did you find any comment from them on Enquest?

It’s strange to me these oil shares so cold still, both from private person and hedge funds.
On Avanza bank you can follow how many Avanza persons hold a stock.
One of the biggest attraction is SBB, a former socialist politician bought and bought real estate with borrowed money. He was the entrepreneur of the year recently and it peaked at Mcap 10-15b usd about a year ago when he promised increased dividend for 100 years.
Now it’s down 80% this year.
They managed to get 200k Avanza people to invest.
Enquest only managed to attract 9k Avanza people, might be some leftover owners from when Lundin handed it out.
Strange people don’t see it as a energy/inflation hedge.
PE 1,5 might be worth look into in my world.

Nice Romaron, they got some Enquest.
But do they only manage 7m fund?

Nice timing with end of the tunnel of SPR release

https://www.reuters.com/markets/asia/chinas-crude-oil-demand-rebounds-refiners-prepare-ramp-up-output-2022-09-22/

Nah patience…
I would say time to finish the cup of tea and press the buy button if you want to hedge the winter energy bill.
Probably I over hedged:-)

My file says time to debt free
90 oil 15 months
100 oil 12 months
110 oil 10 months
And I have reduced FCF for the tax
Think we getting ready for a good run in SP during winter if oil stays here

And 2023/24 hedge?

Thanks, How much % is hedged oil/gas over next years? Just rough simple breakdown

Hello,
Can someone in simple way explain how Equity on p22 developed into negative?

https://www.harbourenergy.com/media/coui4qbk/220825-hy-results-press-release-vfinal-final.pdf

So if SP was 100p it would be a buy !
Can you please tell them I am happy to sell them some shares at that price

Good morning E,

The others here have similar view as me on SPR release. It’s 180m barrels + 60 more from other countries. Over 180 days period is 1,3m less available once they stop it. I think this have had a huge impact on prices since implemented.
Why was this emergency release implemented if it doesn’t effect anything as you say?
And if I am not mistaken US produce 12m but consume 20m so they not self sufficient.

Yeah, PBR have been great with the dividend and seems like a more stable country than UK. Lol.
What a mess with BJ, remember Swedish ex prime minister Carl Bildt comment once BJ was elected.
I hope it’s a joke but I am afraid it’s not.

Hope things get better now!

Nice with new SP target 47p yday, well deserved.
In 6 months no one will even look at the net debt anymore.
I widen portfolio even more now with Enq,AOI,PBR,HBR.
I think ENQ SP can explode over next months if oil prices start to go up a bit.

Wish you all a nice day
And sorry to hear about your Queen.