Member Info for surprised

North Sea Oil & Gas news:

Reeves backs Jackdaw and Rosebank developments in North Sea

https://www.energyvoice.com/oilandgas/north-sea/568556/chancellor-rachel-reeves-backs-jackdaw-and-rosebank-developments-in-north-sea-shell-equinor-ithaca-energy-greenpeace-uplift/?utm_source=twitter

https://x.com/SericaEnergyUK

Since the Group announced full year results on 26th February 2025, the Fit Out division has experienced an acceleration in its trading momentum and is now expected to exceed both the Group's previous expectations and the top-end of its revised Medium Term Targets (of £60-£85 million). Elsewhere, all other divisions are broadly on track to perform in line with the Group's previous guidance and expectations.

As a result, the Group now anticipates that its full year results for 2025 will be slightly ahead of market consensus

2025 is off to an excellent start, average production of more than 23,000 bopd (17,000- 2024) $104m cash, 12% divi, expect year of further growth and cash generation & sustained shareholder returns...

https://x.com/surprised_trade/status/1902625687699071269

Today's gas

TTF Gas 43.51 up 7.29% ⬆️

UK Gas 106.7484 up 7.00% ⬆️

Dana has operated the Triton FPSO since 2012. It is located in block 21/30 approximately 120 miles east of Aberdeen, and produces oil and gas from the Bittern, Clapham, Pict, Saxon, Guillemot Area subsea facilities.

Joint venture partners are: Dana Petroleum (E&P) Limited (52%), Serica Energy Mistral Limited (46%) and Waldorf Production UK plc / Waldorf Petroleum Resources Limited (2%).

Dana currently operate the Triton FPSO along with the Bittern, Guillemot West / North West, Clapham, Saxon, and Pict fields. Serica is operator of the Gannet E and Evelyn fields, with Dana as pipeline operator and Petrofac as well operator. Serica also operates the Belinda field

Anyone selling their shares ahead of the deal with ENQ due to this short term issue ? No, me neither.

Gas prices up again today ;-)

The deal with ENQ and SQZ should trump this short term issue as a merging of the businesses is the key factor from here and the respective values etc. so yes short term frustration with Triton oil, however, gas price increase very much helps off set some of the Triton issues and the oil is still there to be poduced at potentially higher prices, going forward we could be a much larger more profitable business with much greater scope in a few months time.

Hi Chrysophylax, I'm sure the 'market' will see current levels as an opportunity as we go forward :-)

Added MGNS to portfolio at 2965p, .profits up 19%, cash £492m, goes ex divi for 90p (3%) 24.04.25, order book at £11.4bn, up 28% was trading at 3800p recently.

https://x.com/surprised_trade/status/1901927977564221631

Another director Buy - The Company was notified of the purchase of 20,000 ordinary shares by Mr. Babs Omotowa, an Independent Non-Executive Director of the Company

The US is quietly tightening sanctions on Russia by restricting payments for energy, Letting the license expire “will significantly gum up the works of Russia’s oil and gas revenues,”

“If you are a foreign oil refinery or an oil trader or someone buying Russian gas and your bank wants to pay Russia for their oil and gas in dollars or by extension, really any other Western currency, you’re going find that very difficult to do.”

https://x.com/surprised_trade/status/1900431955121803279

Top end stock metrics for quality and value....

https://x.com/surprised_trade/status/1899383198959751669

In current market that's a pretty positive move. No negatives in a ceo adding shares.

It's not bargain of the century, no one said it was, but a CEo adding to her substantial holding and adding £140k is skin in game and backing her stock...in current market that's a petty positive move. No negatives in a ceo adding shares.

It was an after hours RNS on Friday evening, however, fully expect market to be very aware on opening Monday that Deputy CEO bought over £400k of shares at 214p, that's real 'skin in the game'.

https://x.com/surprised_trade/status/1898813726028976218

Deputy CEO purchase of £400k CMCX shares is a very positive indicator

Mercuria will likely be a benefit to SQZ shareholders on this occasion ...

Added further to holding at 168p, seemed rude not too :-)

Another 'flash crash' of sp from 185p to 168p, despite very positvie outlook and a 10% increase in dividend etc etc...

https://x.com/surprised_trade/status/1897933896043426274