moneyplus
- 14 Sep 2005 13:17
The CEO states Tullow sp is much too low and I bought in on the comments---todays results are excellent and I feel this one is being overlooked on here. check it out bargain hunters-I'd welcome some expert feedback!
seawallwalker
- 10 Oct 2005 23:27
- 9 of 906
Yes just a few, I think they are on the way down again.
lex1000
- 03 Nov 2005 10:49
- 10 of 906
Oils sold off after strong run and making strong come back.TLW broken out above 238p and heading higher highs 260p+.Next leg could take TLW to target price 320p.Possible take over within next few years added bonus.Rising oils & gas trend.Time to hop on board with a few. Run profits and with your winners.
News @ 8:22 3 new wells show positive production rising to 60,000bopd TLW have an 11% share in field.
lex1000
- 03 Nov 2005 13:15
- 11 of 906
Through the 250p hurdle.Usually expect ATs to take back under 250p, but somehow feel that TLW wants to go higher .BUR & CNE leading the way up.Oils & gas sector strong for obvious reasons.
moneyplus
- 03 Nov 2005 15:57
- 12 of 906
cheers lex 1000-it's looking good. as you say ripe for a takeover-hope so!!
lex1000
- 05 Nov 2005 12:30
- 13 of 906
Oil Price Warning
The International Energy Agency, the oil sector monitoring body, said that oil prices would be 50% higher by 2030 if Saudi Arabia did not invest billions of dollars in new production.
FT, Saturday 5th November 2005.
lex1000
- 06 Nov 2005 15:03
- 14 of 906
From F.T.
A heady mix of takeover talk and high oil prices
By Rebecca Bream
Published: November 5 2005 02:00 | Last updated: November 5 2005 02:00
Tullow Oil is having a good year. Its first-half pre-tax profit jumped to 91.4m, from 17.3m in the same period of 2004, thanks to acquisitions and higher oil and gas prices. The London- and Dublin-listed group owns a range of oil and gas assets but is currently concentrating projects in the North Sea and west Africa. Reflecting the group's progress, Tullow's shares have been climbing steadily, from 155p on January 1 to a peak of 260p on September 30. There has been some profit-taking since then but the stock was boosted by the announcement on October 20 that Paladin Resources was being taken over by Talisman of Canada. Talisman paid 1.2bn for Paladin, triggering speculation that Tullow could be the next mid-tier producer to be snapped up. The stock is no longer a bargain but Tullow has a good growth profile and could provide further upside for investors. One of Tullow's strong points is that its stable, mature gas assets in the UK balance its more speculative oil projects in Africa. Tullow bought the Schooner and Ketch gas fields in the North Sea earlier this year and expects to see the full benefit in its second-half results. It is looking for further North Sea acquisitions. Rebecca Bream
moneyplus
- 06 Nov 2005 15:27
- 15 of 906
cheers lex--took some profits on a small amount last week but happy to hold on to the rest now.
lex1000
- 07 Nov 2005 09:08
- 16 of 906
Resistance @ 250p.sp pausing and consolidating at these levels.Best offer to buy the dip @ 249p.
city trader
- 07 Nov 2005 10:57
- 17 of 906
All looks good here plan to add when I sell Fayrewood!
lex1000
- 07 Nov 2005 13:24
- 18 of 906
Ran ahead on early doors friday 258p-259p and pulled back.Best price to buy 247.75p today.Better to build on supports on the way up.Sub 250p gives another opportunity to top up.
edit:Warmer than expected weather prevailing on U.S. N.East coast sending gas and crude prices lower.
lex1000
- 08 Nov 2005 10:09
- 19 of 906
Market likes to shake out sellers.Times like these that investors need to be patient.
city trader
- 16 Nov 2005 15:48
- 20 of 906
I added some after selling pipex looks good
Stan
- 06 Dec 2005 14:43
- 21 of 906
Could have bought upwards of 30000 on a good news day like today,wonder If this Is usual for this stock.
city trader
- 06 Dec 2005 15:28
- 22 of 906
It is when they find oil earlier than they thought at more shallow levels. Expect it to rise much higher soon
Stan
- 07 Dec 2005 14:52
- 24 of 906
Thanks for that Fred, certainly going In the right direction.
lex1000
- 10 Dec 2005 15:28
- 25 of 906
Hit 276p friday before falling back.Next week should confirm whether breakout above 272.5p.Good hedge oil & gas.
lex1000
- 12 Dec 2005 08:11
- 26 of 906
Will have to see whether TLW breaksout higher highs.Needs to break and hold above 272.5p
lex1000
- 13 Dec 2005 11:05
- 27 of 906
AHT & TLW charts breakingout.Excellent long termers.
lex1000
- 13 Dec 2005 13:42
- 28 of 906
Breakouts look convincing.