Member Info for thehickster

Normal service resumed. Maybe a 20% yield isn't enough for them?

Terry, sadly we've had our up day for the year. Here's to 2024 and possibly a blue day. If not, there's always the chance of an up day in 2025.

Hey Terry I am in SQZ as well. The Tailwind deal has to be the worst deal of the decade for overpaying for assets. They carried on with it despite the 75% windfall tax. If I remember rightly it was something like $20 a barrel which would have been expensive pre windfall tax. They got round needing a 75% vote somehow, I can't remember how exactly. As you say, they always find a way to sh@ft the little guy while feathering their own nests.

How come the sellers never run out of shares? Or do they just love buying and then selling for a loss?

Knew it would be down in the afternoon after checking this morning and seeing blue. The only uncertain bit is just how much it will be down by. We're much lower than we were when gas was at $2 so it can't be to do with the price of the stuff we sell.

The 2.30 price drop as the US markets open. Works every time.

As soon as the markets in the US open ? Pretty much every time. Is there some technical reason ?

I'm assuming that's the case as all my oilies are down. You'd think they might be in a demand considering all the stuff going on in the Middle East but then what do I know?

It is showing DEC blue at close of play. Can anyone let me know the real closing price?

That DEC actually holds on to any gain for more than 5 minutes? Every day at about 1.30 it seems to head south and keep going until the bell, finishing at a low for the day.

Looking forward to a massive cash build by the end of the year, what with gas and oil prices and all those amazing Tailwind tax losses that the whole deal relied on to make sense. Have all those broker forecasts massively underestimated the cash build or something?

Been seeing red all day and expected it to be knocked down further at the close. Can anyone else confirm that DEC is blue?

Right so I take it the henry hub has price has crashed to well below 2 dollars and Dec has slashed it's dividend to almost nothing. Even so, isn't this fall a bit overdone? Also, if we are about to go bust, what are they using to buy back the shares? Certainly not money. Or are they bartering?

Sasa that must be an error. As oil goes higher we're supposed to go up too. Maybe we should wish for oil to go back to $74 so we can get to 2.50 again ?

Oil was about $74 and SQZ was at 2.50.

Anyone know what oil is at the mo ? $65 ? $70 ?

With the state of the share price you would think oil was back in the $70's.

Was today's interest rate hold really such bad news? I thought the market had priced in a rise or are lower than expected rates bad for the market now, I'm struggling to keep up.

Could it just be that whatever happens, the market will be down and it's just a case of waiting until 2024/25 before things become more rational again?

Jezzoo my inkling is a placing for an acquisition at a ridiculous low level share price. The higher oil goes the lower we go so something is definitely amiss!

If only a few months ago someone told you that oil would be at $90 and i3 would be at under 13p you'd call the men in white coats to come and get them.

Gotta laugh really. All my oil and gas shares are either down or stagnant. You know if the top falling sector was fossil fuels they'd all be down as well. Anyone know what has to happen for oil and gas shares to go up? It certainly isn't rising commodity prices or excellent results.

They look pretty good from where I'm standing. Am I missing something?

Makes you wonder how on earth any North Sea assets are actually worth money these days, what with a tax regime that would make a banana republic blush. Up to $1billion ? You'd have to make $4billion profit before tax just to have a chance at getting your money back. The boepd on those assets must be absolutely insane for them to be worth that sort of money.

Is supposedly fossil fuels. Rubs hands together in anticipation while checking all my fossil fuel shares like Serica. Oh...... why are they all down? If fossil fuels was the top falling sector then all my fossil fuel shares would still be down. Wondering what has to happen and what stars have to align for an up day?