Member Info for sittingduck11

Brent up 3%...

Whats twitter saying?

Looks like the right shoulder of an inverse H&S bottom -

You're not wrong, lets hope it plays out, 270p region target

Not many of us are invested in HBR in the hope of a war in the ME. Ultimately it's a good thing if this was all a show (in one form or another) and hopefully it's done with.

We are looking for economic strength, a rise in demand, and an organic controlled rise in the oil price, that I'm confident will come. We might just be waiting a while.

POW, right in the kisser.

Shots fired

Prior to the previous update, I was apprehensive and frustrated tbh, but remained confident, given the track record this company has of responsible capital allocation and growing in a crisis. The 19 years reserves also helped. So as difficult as it was i bought as much as a could sub 200p.

However, after the previous update, that apprehension has gone. I'm not even that fussed about the share price anymore (in the short term). This company is a class act, the latest update, paying down 10% of the debt, easily covering the dividend, significant free cash flow, all while oil was getting battered.

Obviously there are no guarantees but the fundamentals are stronger than ever. So i think we can all relax a bit now. And so long as oil stays north of $60 we're sitting pretty.

"JUST IN - Chinese Embassy evacuates personnel in Tehran: reports"

Bonker please add links to the source.

Oh give it a rest. You think Harris would have been better?

They're all at it, plain and simple.

Up the Harbour.

Link?

We got to over 500p producing 200K barrels. There is no way i'm selling at 300p

$70 - $71

$76 - $77

These levels could determine the medium - long term trend.

Just noticed Alexander Krane bought more shares (£17K) on the 27th May. That slipped past me.

I think it was more luck than judgement tbh. I'd like to be right about the POO! I've crashed and burned in that regard, as it stands. Although those gaps on the weekly brent at $105 and $120 will fill eventually.

Just having a glance at OCDO, key support in the 230p region. Strong downtrend. All hinges on earnings to determine if that trend continues. Not much to work with on that chart if i'm honest.

Bull flag breakout on the daily - minimum target 195p

But who knows

Someones somewhere are getting very wealthy from all this

It was a massive head and shoulders pattern that played out. 160 was the region. Dare i say I'd be surprised if we make a new low from here. Then again, much depends on the POO, so who knows.

Farage is a shill, Rookie. Excluding divine intervention, there is no stopping it. Unfortunately.

But Harbour Energy is now a beast, so we don't need to rely on these psychopath scoundrels to throw us a bone. Fortunately.

Despite OXY share price being down 40% from the 24 highs (Harbour down 49% in around the same period) Berkshire bought a further (approx) $40m worth of shares. Increasing stake to 28.3%

"Dividend yield alone now 11.71%. FCF in next 36 months should exceed current market cap at current brent and gas prices. Just absurd really."

I agree. That is mental.

Buy into it after its gone parabolic? Not sure that would be sensible.

The time to buy it was 6 months ago, not now.

I regrettably sold Rockhopper for a small profit in 2023.