Member Info for Plebleens

Thanks for the compliment Bays, but suspect we at different points of our re investments in the mothership as I’m virtually back to all in again after a recent averaging down and you’re still catching splinters on that fence; valid arguments but I not with your caution currently. Agent So der has been here in his original special one guise as long as us both and still has the same passion from his SW London homestead….second tranche of lock in types happy to transfer their wealth to us ‘amateurs ‘ and more than happy to pas on some of their weak lack of risk taking.in a cyclical growth stock… Oil looks set to have a look over the $80 parapet in q4 when the Chinese have to come back to the market…hedging is wise but not all is hedged or spent on transition. Look forward to you rejoining the cause, the water is warm …I think! Good Luck all. HNY!

That major oil spill in GOM post Ida being attributed to a Talos pipeline leak might be a bit of a kick in the nuts for them come Tomorrow. 93% production still shut in , likely means more SPR oil on its way. Failed Houthi attack on Saudi oil facilities overnight and a possible Libyan port strike to throw into the mix plus hurricane Larry , should make flat price interesting come monday. Not all oil is hedged and plenty prices off month average vs the benchmarks or 5 days after bl etc Refining margin has jumped so plenty of spot barrels to be traded. Just need those Chinese teapot quotas in q4 to be set to get the extra physical buying to take us upto $80. Charts certainly look bullish, breaking an inverse head and shoulders neckline after the previous weeks bullish engulfing candle on Brent Hbr also broke the 370 impasse and back above the 200d MA. Onwards and upwards, good luck all for the week.

Uncrossing trade ……but could it br somebody banged the close (naughty naughty) selling on thin volume all afternoon, pressurised the settlement and bought it all back with the ut? If so this will snap back quickly this morning. Enq had similar losses so let’s see. Good bounce on Asian stock markets, OPEC meeting snd bigger than expected draw in the stats overnight should all help a bounce back. And with baited breath we all await the new unlocked mob to show their hands (maybe) or at least the ones that don’t want a. Inflation hedge in a cyclical growth sector in a company that isn’t spending the family silver on transition to cleaner energy and has great exposure to gas (and oil) prices…Good Luck All

Tropical Storm Nine gathering pace and likely upgraded into a hurricane going through the Gulf of Mexico and likely hitting Texas refining infrastructure come Monday. Shell and Chevron already evacuated rig workers in the Gulf. Dilemma is that if refinery rates drop and back up crude, but the Gasoline spike will no doubt keep the flat price perky. Difficult to be short over the long weekend.

No fear - not to be mean but there was a lot wrong with your hedging explanation. Not many banks have big enough prop books to take on the other side of the hedges and the majority of it is backed out into the market. Also s purely financial transaction and would be rare to be anywhere near 100% hedged.

Good Luck all

Over on rouge it

Hope everybody made the most out of sleepy Joe and his weak attempt at pleasing the gasoline guzzlers stateside. 400 by the end of the week, just need to get through 438 pit stop resistance to get captain k happy…he’s already 10 % up…not daft… the better fund managers now seeing the cyclical stock value…shoulda coulda woulda or just do it like Nike? Plenty of weak hangover better safe than sorry creditors can’t be wrong …yawn

As well as MOLs NSea assets…you know how much these guys love a deal, especially with accretive assets…?

And with Cairn tax arbitration reaching a conclusion …would be an interesting addition to the portfolio ?

I repeat once more, paid click bait to keep you all coming back for more…last post on this as I am again guilty of doing the same as you lot. It’s been the same for years along with his mate who’s had more lives than the cat. Double figure finish from an transparently manipulated start. Who’d have thought it. Enjoy the weekend , plenty more to come here

Fun and games this morning…so transparent in what they were trying to do, especially with the massive bid offer to start. Day trade dream. Wouldn’t surprise me if we add at least another 10 points today. Onwards and upwards. The helm of the starship enterprise knows what the numbers are cheap. No brainer buying opportunity for him. Good Luck all

Been around this board too long , this message will self destruct in the morning…paid to post for the advertising….along with the guy on life support for the last 3 years. If you get beyond that snd the people that post about them then you will find an overly bullish bias to the board. Andy is your good anchor but often wrong. There’s money to be made here….not rocket science

Understand that JW for the early inclusion but rightly or wrongly assumed that the reason we didn’t make the last reshuffle was due to there not being enough free float, otherwise we should have been a slam dunk back in May?

Amazing timing from the Captain on his purchase…good info on the free float ?

Unusual timing but Good news indeed, means there is enough free float, so a lot of the overhang has been removed. Well done those that bought the cheap ones off the lack of risk takers…just really need that close above 342 then clear sky to 400+. Dangerous game averaging down, but have to say that I’m more confident than ever…just the small outbreak in China to contain but their stock markets stabilised from support and when have they ever let it it get out of control when they don’t want it to be…Good Luck sll

Looks like a couple of money managers may have broken loose and got a head start on the mouse like investment strategies of the weaker members of the community…. Good start

Share buy backs, increased dividends - the industry cannot be ignored for much longer. Greed will trump the ESG fashion….amazing how some funds are so we weak and short sighted in terms of decent returns whilst letting others get a head start at these levels due to their shallow beliefs …. Good luck all

Depends on your time frame, but with the energy transition likely to cost the likes of BP and Shell billions and takes their eye and working capital off reserve replacement, the window is open for a pure E&P company to reap the rewards of the inevitable price squeeze in oil (and gas) prices over the next 5-10 years. Shells. 2 billion share buy back announced this morning certainly a big enough carrot to keep investors on side and More to follow suit , so big oil is not dead.. Bats results were good yesterday and transition to non tobacco is less costly than renewables, but also the developing market still has an insatiable appetite for both tobacco snd oil. Shell at no.2 BP at no8 and BATS at no 9 are hardly shrinking violets in ftse mcap for now. Most on here are not looking for a long term investment in HBR but short term the path is pretty straight forward, with paying the debt a priority over share buy back as well as snapping up the opportunity to buy cheap assets from the majors, as they get forced by shareholders to change their game,.

Let’s keep the board debating about record Nat gas prices and worrying outlook for winter prices with current , and other fundamentals.

Relentless playing the man here stifles debate and some posts get missed amongst the drivel, although that is a tactic of some to spam the good stuff on to page 2. China stable, dollar off, supply demand deficit, mobility up , summer burn in ME, driving season, stocks below pre pandemic levels - oil in a trend, ignore the noise….

Meant to say winter has already 100, but curve pretty flat.

For more background read take a look at the Nordstream 2 articles.

Texas deep freeze earlier in the year rippled through to cause lower LNG stocks before the Russian/Ukraine issues took centre stage

Winter gas through the roof with Russians restricting supply and the low LNG stocks making resupply expensive. Already at 100, god knows what happens if we get a cold winter…just wish that Tolmount was making use of this spike….

Hats off Baysil my old friend. Nice to have you back on the board. George Peppard would be proud.

Funny how many negative skewed moans snd posts there were this morning with lots of blue ticks from new posters coming out the woodwork and seen for a while….comedy but not for those taken in by them…fundamentals always over ride eventually as long as you believe that OPEC remain in control . The gas demand is real and dip to buy oil trade remains strong whilst inflation rules the roost . Good luck all, especially those that swam against the sharks that riddled the board this morning.