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Maybe all those lucky folks who bought bucketloads between June and August of this year in the 360p -ish area are now selling for v. good profits after we didn't make new highs at 490-500. I guess we've just got to bleed more until the sellers are flushed out then at maybe these levels-ish today and for maybe the rest of the week, then we will slowly start moving towards 480 again + for winter as the first autumn leaves fall on those outdoor gas heaters in the fleshpots of Weybridge and Shepperton. As long as priced don't go too crazy on the upside, a slow rise to 500+ again is likely IMVHO.
Moving up nicely -might even see blue now. A 1998 Blue Nun is being eyed...

Hey Rookie, when China opens again they'll need their Russian LNG rather that sell it to us for double bubble ;)

The other side of my brain is happy the oil/gas prices aren't going skyward which will really trigger a recession coupled with higher int rates. Slow burn and 200p a therm as the CEO says will see us doing very well. Short term correction. More annoyed at the wife not letting me have £50 to buy more here. gla

Strike 123: Right on, I for one was looking at the pre winter sales but not the mild weather and storage fill which largely slammed this share lately.
But... to cheer myself up I took a peek at the weather predictions (!) https://www.noaa.gov/news-release/noaa-predicts-above-normal-2022-atlantic-hurricane-season and https://www.usgs.gov/news/featured-story/2022-atlantic-hurricane-season-here
That pesky mild weather which has affected my choice of evening tipple could well brew up (no pun-honest) extra hurricanes across the states by what forcasters predict.
U.K Nuclear shutdowns ? https://www.bloomberg.com/news/articles/2022-09-07/winter-nuclear-shutdowns-will-pose-first-big-test-for-uk-grid?srnd=premium-uk
Another reason for HBR to nod its head, news landed after midday.

My theory that the 'bots are slow tree shaking only to turn round and re-buy when cheesed off hands (nearly us) have finally moved on may stack up. Maybe volatility as you say, has put off some folks and recession threat. Interesting times. I reckon the sp here wll be back into the 490's as we cruise towards oct. Only a month or so of hurricane season left in the U.S but we'll see. GL

Sorry Rookie, good point-i didn't read far enough down for your thread. atb

My-take- the ii's want this chirpy cheap in time for the winter. Easy 20%+ for the hedgies and others (more than most hedgies make). Yes, I though of selling today only after a week or so holding this as its tanking nearly every day since I bought in at ~489. Classical universe is f*cked into ****ed hat in the investing world.
Had to laugh my ribs off on the news here "weak oil prices" - that's why hbr and others are down. What !Are we at £50 again, ffs.
Rnt over. No Blue Nun, Tizer instead.

Comrieman: Next news- the Windfall tax. Expecting it soon after the £100B proposal. Not sure where we will be tomorrow but the cash as a rattling down those pipes. GL atb

robortsmith: Shhh don't tell everyone ! We don't want these shares to rise too much before I've sold the mother-in--law .
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Mind, all that VAT the govt has made on rising prices, they might not have to borrow much of that £100B, as such.

Well my take is that economies are gearing up after covid and probably 2008 when capex was slashed on oil/ gas projects/ infrastructure and now things have bottlenecked somewhat. Plus the Keystone pipeline in the states never really got off the ground- thats a lot of stuff from Canada that didn't happen esp. from the environmental standpoint. Talking of environmentalism, a lot of cash went into renewables to the detriment of the petro industry. Again another reason as my first point, for a bottleneck. Lastly the Europeans started buying more futures contracts for their gas, the Chinese/ Indians and others are in competition. Guess what happens to spot prices !
I know folk from Invergordon- a rig park in N.Scotland. Why so many rigs lying around? I asked- well the environmental thing- they just ain't fashionable any more. More legislation didn't help either. Then we have the staffing bottleneck. Experienced staff have got bored and left or simply retired. One more? Folk cr*pped themselves when oil was in minus figures- crikey it might happen again ! The money went into real estate instead. Buy a dirty flat and let it to clean families- easy. Now the int' rates are rising and extra landlord legislation etc, we should see the bubble deflate, fuel /bills will compound it.
Also, the IEA IEA forecasts a 9% increase in annual gas demand between 2020 and 2024, significantly higher than the demand growth that would need to be maintained to stay in line with the target of net-zero emissions by 2070.
Still we are buying Russian gas via China for double bubble +. IF that gets stamped on (probably after winter- we'll do alright. Tolmont's a go.
In short great news for HBR. The big fish I feel, want in here and for some time too and the 'bots are making a meal of it hence our reputation as a traders share amongst some Premier hands on this BB including myself-before next year debt and hedges reduction. The reasons above are why I rebought (left it late, mind).
GL

We weren't making much headway on monday and end of last week considering the sheer amount of cash flowing through the pipes lol. The smart money was not adding more smart money until after PM announcement and action on bills.

Poor Mr. Market having an uncertainty pity party. Give it a week or so until any scary news gets digested. Debt and hedges well down by year end. "Not Long Now " as Paranoia Blue over at VOG used to exhort.

Ok- make that a yard of Tizer.

Lol Got my wish from earlier today. >3% will do very nicely.

A yard of Blue Nun over at the Nearly There Arms later. Nighty night Campers

Wonder if the price will stay muted until we join the ftse 100 club on 19 Sept? Expected 4-5%+ today easily. Could well be a slow burn week with us rising a few % daily.

Something I didn't think of VladNaz. No harm esp. since the dreaded viruses may be doing the rounds come autumn.
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Upcoming hurricane season. Now there's a good spike trade GL

Yup, sp couldn't sustain today but we were strong compared with peers. Maybe 'bots are keeping us down until those hedges and debt get sorted next year as laidback said. Meanwhile we accumulate all the more.

Nordstream 1 closed for repairs. BBC news 2 hours old, our sp rockets about that time !

https://www.bbc.co.uk/news/world-europe-62732835

Maybe folks are returning from hols and the vol is starting to rise. With the strength of this stock i would expect shares etc to make good collateral for other trades. We are still around 20p in old money and there is plenty to go here as thoughts turn to winter. Goldmans is looking at a much higher sp for us as are plenty of other analysts. I didn't think the energy situation would become so entrenched and i was expecting this show to end within a few months. Also a lot of production was shelved including infrastructure improvements due to the ultra low prices not so long ago.
In short, we are on a strong trend. Good sales and a rising shareprice.
We finished strongly after a bounceback from ~488. Can see £5 next week
Blue Nun on the cards tonight and a repeat of The Royle Family to celebrate. GLA

Well, I've just lost 1/3 of my already limited dough on IAG. 490 limit buy. .V. Cheeky but we'll see. Was here during the switch from Premier some time ago. Lost money then too. Now our product is in high demand money must be made now. GL Campers

I've had enuogh and throwing in thee beer mat. Lost 1/3 of what little dough I had here. I may return when things start to rise (properly) again in a year or so (regardless of much better passenger numbers). In the meantime i'm looking for a decent oily to get my lost third back- a whizzy aim or a big board company. I need every penny for a very expensive divorce one day so a currently rising sector is the way to go for me like petro..
All the best Campers PT