Member Info for ShaunCod

0.1010 per share, very nice!

Looking forward to tomorrow, let's see what the dividend will be announced.

Fingers crossed!

Out of interest, how would that work either BASF? If HBR want to buy the shares back then cancel them, would that be seen as a share buyback or would some of them be entered into treasury as they have in excess of 25% of HBR shares

And it makes good sense really, just in terms of saving money from the future dividend. (Even buying before it goes ex-dividend on the 14th, wonder what the daily amounts will be prior to it)

Still wondering what will happen with the potential share buyback from BASF. Would they want to sell at these current prices? Would HBR offer a premium? Exciting times!

Love seeing the drop in debt as thats something been holding us back.

Only thing I would have lived to see on top would be info egarding share buybacks from BASF to see if there is any progression. Fingers crossed with that!

Nice half year results there, looking good for that special dividend in the future!

WSell BP have a lot more going on......

I like buybacks personally and I'm glad they will do this. At the same time I think there will be significant investment elsewhere (perhaps Mexico with Pemex being in such trouble).

The next few years will be interesting!

HL reinvested my divi today as normal. They reinvest between the 11th and 21st of each month as it states on the hl website

Also good to see net debt down as well for a little cherry on top.

Onwards and upwards

As usual, it will only really rise significantly on results. I believe HBR is underestimated because people fixate on the oil price and not gas prices. Even previous share buybacks did little for our SP and really d9bt think it won't have much of an impact on the share price but it will have on our results with savings to the dividends etc.

As usual, Shares are a slow burner and I will keep adding as the dividend is attractive and maybe one day when it's significantly up and the dividend is a lower yield I will look to sell (if it ever happens).

Only from the USA. They can easily get their oil from other producers so don't think that it will have any effect

Good to see the confidence of the directors buying shares, especially after the drop where they obviously agree that it should be at a higher price. (As would all directors really....) 0.62% of the company is a hefty amount that she now has.

Managed to listen to the capital markets update (quiet nightshift tonight) and it reassured me with a number of points I wasn't sure about.

The BASF buybacks is not guaranteed and not for a prearranged amount. If it happens at a fair price then it will happen. I personally like the idea of buying from BASF as it can be well controlled instead of being dumped quite quickly on the market.

The debt - listening to the Q&A, they actually question the need to pay down the debt as present and wonder why HBR is pursuing that (even at the small.amount of 0.5-1 billion. It makes sense to me to pay down debt (feels safer) but the questioners seemed to think it was unnecessary (I'm no financial mogul so was surprised to hear that)

Listing in US - doesn't seem they have ruled it out. Just 'not yet'. I'm guessing part of it will depend on the reviews that are underway by the UK government and if the government try to screw the O&G further.

We have crashed by about 50% of the Wintershall Dea deal which is disappointing however I do see this as a long term deal (especially with a decent dividend) and we see as we get full results for next year and ramping up of the projects over the year as well. Excited by Kan and they haven't ruled out further M&A just now.

Just my idle thoughts

But will buying out BASF saddle more debt. They estimate that debt will drop 0.5-1 billion over the three years which is a small amount. Will they use free cash flow to buy off BASF hence the small reduction in debt?

I was trying to find this in the RNS but unable too? Whereabouts is this?

Reduced dividend? Where do you see that. I only see the increased dividend.

ShaunCod £3.12

Bots £3.20

theancient £3.35

NSS £3.45

I invest in oil and gas because it will be needed for a long time yet in a number of different capacities (not just energy) and in a number of different economies. I do want clean energy in the future and transitioning away from oil and gas for energy needs for the UK is the right way to go. However will the world transform away? No. Too many emerging economies need oil and gas for their energy needs alongside other uses.

Climate change is happening. The science and studies are there to see.

However as a world we cannot do without it at present and not for the next century at least (albeit perhaps on a smaller scale?) Plus it isn't an infinite resource so what is the issue with wind/wave/solar etc? If it helps reduce costs for the population for energy then so be it. If it helps slow down the climate then so be it.

I believe it's due to the fact we don't have proper results yet for the full buisness. Once the full financial aspect of HBR is available then we should see movement.

Also I believe it might also be due to the holdings of LetterOne and the fact that eventually there will be a huge sell off.

Either way I'm still able to add to my holdings at these prices for a nice divi (even though its not kuchen I can add and fairly a small holding compared to a lot here).

I'm excited to see what the next steps HBR have in mind.