22 May 2020, 10:55. You make a valid point...indeed, made it myself. Great investment tools with live data. View which stocks have been most impacted by COVID-19. Yes, the total combined value was £34,644. John van der Welle 150,000 2.93 4,395 I'm merely pointing out that sometimes people who hide behind nicknames aren't who they seem. Data for Hurricane Energy is end of day only and updates after midnight GMT. Hurricane’s strategy is to create shareholder value by monetising the significant reserves and resources within its portfolio, through the exploration, appraisal and development of naturally fractured basement reservoirs ‘Significant dilution’ on the cards for shareholders as Hurricane outlines restructuring Energy Voice 09:17 30-Apr-21. If they are in CA's camp then maybe a chance. Jaknife in theory a new board could do the usual thing. Looks as if HUR have negotiated a one month contract extension for the PBLJ in October to drill Lancaster 8 well. This could be a 400,000 + offload. Hurricane Energy Share Price Today; Hurricane Energy Share Price Chart; … If you wish to do likewise here is the address: ChanceryJudgesListin. Decent day rate too. Price: 0.70 LSE:HUR Dividend History; Ex-Divi Date Pay Date Type Dividend Curr. Will CA challenge NFA? Hurricane Energy plc is engaged in the exploration of oil and gas reserves principally on the United Kingdom Continental Shelf. Steven McTiernan 150,000 2.97 4,455 In the News Now. 20 Feb 2020. 11/05/2021 23:43:59 Cookie Policy +44 (0) 203 8794 460 Free Membership Login But silence since. Dividends made by Hurricane Energy from their annual profits to their shareholders are shown here - normally on an interim and annual basis. I regard the enormous loss here as being 50% geology,50% CV related. Lancaster/Halifax drilling 2020 Yes, Flossy, you are, of course, correct. i have done. Hurricane Energy (HUR) share price, charts, trades & the UK's most popular discussion forums. and she indicated that they would be placed before the Judge. -- Adds share price -- Quick facts: Hurricane Energy … Sandra Shaw 164,474 3.04 5,000 If they are loaded up with bonds, then equity is toast! Back before the fundraising when the price was around 50p there was a poster on LSE called 'Rev Andy' who had everyone believing he was a man of the church. Steve Holmes 49,198 3.02 1,485 Traders can only profit from somebody else’s losses and when the time comes, St Peter would have noted that all your lovely winnings would have inevitably been extracted from unhappy Flosers, ash6666 Lancaster Oil Production ( EPS ) Why the sudden rise in the PoO? HURRICANE ENERGY PLC HUR Company page - Search stock, chart, recent trades, company information, trading information, company news, fundamentals Find out more. It's my understanding that the court decision is being sought on behalf of the few BONDHOLDERS that are not represented by the "ad-hoc alliance". Carliol, Lancaster Oil Production ( EPS ) Petroatlantic off to Lancaster, riverside_red 15 Feb 2020, Lancaster/Halifax drilling 2020 Good spot from steelwatch on other bb. The rig is now on hire and ready to move from Norway when requested. emotionally driven) punters. But, if that's what you want to believe, it's your money to risk. So predictions for next week. Hurricane’s share price has now fallen by more than 70% this year, leaving it lagging behind UK producers such as Serica Energy, Premier Oil and Enquest. Hurricane Energy was founded in 2004 and is now a AIM listed exploration and production company. The Hurricane Energy share price is crashing (again). Crystal Amber (CRS:AIM), the investment group run by veteran Richard Bernstein, has 150m shares in UK oil company Hurricane Energy (HUR:AIM), representing its largest holding. Leoneobull, I suspect they can't get AR out or the AM secured. The net result that the AM contract could not be extended and so production would cease. The most active stock market forums in the UK. JakNife, But a Restructuring based on NFA looks much less time critical. ... precisely Totals: 1,162,204 34,644. You get PE by dividing the share price by the earnings per share (EPS). Why the Hurricane Energy share price is crashing today Motley Fool (UK) 11:05 18-Dec-20. Find out more. In the event it collapsed to 26p after the fundraising and he disappeared. Aim winners & losers: Hurricane Energy warns of "significant dilution" London South East 10:41 30-Apr-21. Then if they fail, default next year or do a D4E then. The SP does not reflect the success of the company in actually producing oil from what the rest of the industry would said was barren basement. 13/2/20 14:51BST. Look for more funding options, look for a farm out, say there's a realistic prospect of getting one. Stable Share Price: HUR is more volatile than 90% of UK stocks over the past 3 months, typically moving +/- 23% a week. They need to get their results out before end of June don't they, or the shares are suspended by AIM. Each company in the market is ranked from 1 to 100 for each of these momentum ratios and a composite score is calculated as a weighted average of all valid values. Stakeholder Engagement & Lancaster Activity Update. deepwater.com February%202020%20Fleet%20Status%20Report.pdf 3.19 MB, fynne "I don't think the court will go behind the AGM vote and let anyone but the legally elected BoD have a voice." Board of directors. Refinancing to extend the maturity will allow the bondholders to offset their potential shortfall by selling their equity. Stock analysis for Hurricane Energy PLC (HUR:London) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Hurricane Energy plc, the UK based oil and gas company, provides an update on the previously … The BoD have done exactly what they had to do. So things are happening behind the scenes. The Company's acreage is on the United Kingdom Continental Shelf, West of Shetland, on which the Company has approximately two basement reservoir discoveries, each containing approximately 200 million barrels of oil equivalent (MMboe). Board of directors. They resigned their directorship to consider their next moves and perhaps to distance themselves from any potentially unwelcome associations with the proposals. 02 Mar 2021. Hurricane Energy share chat. The most active stock market forums in the UK. The Hurricane Energy (LON:HUR) share price has risen by 5.15% over the past month and it’s currently trading at 5.0668. In early afternoon trading, shares in Hurricane Energy were 1% lower at 55.15p, with investors focused on the company's next move. Shares in Hurricane Energy currently trade at 15p (-2.88%). How do you know the BoD didn't ask the FCA to look at it in the first place? Free forex prices, toplists, indices and lots more. Hurricane Energy PLC (HUR:LSE) forecasts: consensus recommendations, research reports, share price forecasts, dividends, and earning history and estimates. Will CA challenge overall restructuring? A public inquiry into the government’s handling of the pandemic will begin in 2022, Boris Johnson has confirmed. Reflecting on Hurricane Energy's (LON:HUR) Share Price Returns Over The Last Year. 25 Feb 2020, Lancaster Oil Production ( EPS ) Let’s hope it shows 20,000 bpd, carliol They were privy to the boardroom discussions early in the development of this scheme and perhaps realised that as shareholders they were going to be heavily diluted. Every single one ought to be sacked..! Menu. Please use for information purposes only. The Hurricane Energy share price has crashed 50%. Hurricane Energy Share chat - Message board. Welcome to the Stockopedia community's LON:HUR discussion board, with posts on HURRICANE ENERGY share news, analysis and share sentiment. So now we have entered real sad conspiracy theory territory from you. 17 Feb 2020, Lancaster/Halifax drilling 2020 I can feel my halo growing, Flossoffa Personally, I find it unlikely that anyone who genuinely has inside information into an FCA investigation would post about it in public. Total; LSE:HUR has not paid any dividends yet. View recent trades and share price information for Hurricane Energy plc (HUR) Ordinary 0.1p Hurricane Energy was founded in 2004 and is now a AIM listed exploration and production company. Free registration. Crystal Amber are an AIM Listed fund which have major stakes in Hurricane Energy. Shares in issue 1,991.87 The main valuation used by investors and a way of gauging whether a company's share price is cheap or expensive compared to competitors. Hurricane Energy (HUR) provided an update to the Lancaster and Lincoln fields reserves and resources with a Competent Person’s Report (CPR) summary in April 2021. She is currently in Scapa Flow Orkney`s waiting for a weather window. d) CA the conquering hero. I appreciate all the points made here re insolvency and agree 100% re P8. Asagi (short HUR), Porro. With sentiment towards the sector still very fragile, now is not a good time for an oil and gas company to be announcing operational failures. Our figure is last basic unadjusted - reported - annual EPS / current share price x 100. View recent trades and share price information for Hurricane Energy plc (HUR) Ordinary 0.1p “...to let you all have the email of the court official who advised me to send in my representations, which The latest Hurricane Energy plc (HUR) Ordinary 0.1p share price (HUR). Analysts covering Hurricane Energy currently have a consensus Earnings Per Share (EPS) forecast of … oldbutnowisa This was proved this morning by a 42.7% plunge in Hurricane Energy’s shares to 7p. I don't think that's going to be a problem but you never know. Can't deal with the message so try to discredit the messenger. Find out more. See which way things go before I add any more? Will CA do nothing? 16 Feb 2020, Lancaster/Halifax drilling 2020 ash6666: I would happily have sold @ 30p (presumably to optimists) and then bought them all back @ 15p (from pessimists) But you would have been trading on the backs of greedy and frightened (i.e. Things could go like this, OGA grant extension, PBLJ drills the Lincoln sub vertical well end March and May and into June, completes the LC well July, then drill another Lincoln development well in August and September. That’s important because a 33% collapse in Hurricane’s share price over the last three months has weighed on Crystal Amber’s share price as well, down 8% over the same period. Are we to be told that she works part time as a nun in an orphanage? It then moves to GLA end of Sept. Perhaps at some point during the next 6 months Spirit is sold and the buyer is very enthusiastic about GWA and the JV. ERCE estimates Lancaster 2P reserves of 7.1mmbbls (down from 16mmbbls for the EPS) and 2C resources of 37.9mmbbls (down from 58mmbbls), of which 34.7mmbbls assume the implementation of water injection. Hurricane Energy's stock was trading at $0.1410 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. This is a negative for Hurricane Energy so care should be taken if you are considering buying into this stock. This is the week of reckoning! I doubt there were any other options open to them since, if there were more advantageous choices, we would know. I would guess that BW were unwilling to consider a "flexible" extension to the AM contract, and were looking to ensure the full 3 year lease extension funding was to be provided for, eg. In what seems to be an explained trend for Hurricane Energy, even the CEO cannot comprehend as to why shares have slipped into red over the recent few weeks of trading. Doesn't matter anyway as there's no time for an EGM. I agree but there is a small wrinkle here. via escrow, and this would have meant the CBs could not have been repaid at the coming due date. The best outcome for production to continue for the remaining 12 months without excessive decline or problems and after all decommissioning costs, there would still likely be a shortfall in the bond repayment. If there is any delay next week will we thus get a 'suspended pending clarification of financial position' RNS? They will have to demonstrate sufficient value that can be materialised in time to avoid insolvency. bobsson 20 Feb 2020 . And finally... WTI $64.90 -19c, Brent $68.28 +19c, Diff -$3.38 n/c, NG $2.96 +3c, UKNG 63.0p +0.04p Oil price Last week oil w... www.malcysblog.com Hurricane Energy (LSE: HUR) shocked investors Friday morning by slashing the valuation of some of its key assets. Data is gathered from historic databases such as Quandl and other reliable sources, however errors do occur. Shares in issue 1,991.87 The main valuation used by investors and a way of gauging whether a company's share price is cheap or expensive compared to competitors. Hurricane Energy's stock was trading at GBX 9.82 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Antony Maris 169,084 2.96 5,000 Free forex prices, toplists, indices and lots more. Hence this is a real long shot. Shares in Hurricane Energy are currently priced at 0.847p. Management actions suggest that their is the probability that without the new arrangement, Hurricane ceases to be a going concern. HURRICANE ENERGY PLC (HUR) Share Chat Forum, Short Position Forum, Company Discussion Forum. ERCE estimates Lancaster 2P reserves of 7.1mmbbls (down from 16mmbbls for the EPS) and 2C resources of 37.9mmbbls (down from 58mmbbls), of which 34.7mmbbls assume the implementation of water injection. Existing shareholders no longer have any voice whatsoever in this refinancing. Applying this to Hurricane Energy yields a pretty poor Momentum Rank of 17. Storm Dennis now moving on, so offload could be Tuesday or Wednesday. At that level they are trading at 0.325% discount to the analyst consensus target price of 0.85. Hurricane's Board is committed to applying the appropriate high standards of corporate … Price to Book Value per Share Ratio. For a new BOD to come in, tear up the Lock-up Agreement and the technical, legal and financial advice received by the existing directors and tell bondholders to go pound sand while they salvage value for the equity would take some mighty brass balls. 17 Feb 2020, Lancaster Oil Production ( EPS ) Appears Petroatlantic is the tanker for the next offload. Name: Hurricane Energy plc; Ticker: HUR; Exchange: AIM; Founded: 2004; Industry: Oil and Gas Exploration and Production; Sector: Energy; Market Cap: UK£15.501m; Shares outstanding: 1.99b; Website: https://www.hurricaneenergy.com Governance . 22 May 2020, 10:55. Hurricane Energy shares tank on restructuring plan as production falls London South East 11:01. Warwick & Lincoln 3 wells drilling 2020 It is possible that things could quickly turn for the better here. As far as I can see the steps already taken render it too late for this even aside from EGM timing. One of the BOD's primary objectives is to ensure that the company trades solvently. Since then, HUR shares have decreased by 92.0% and is now trading at GBX 0.79. Volatility Over Time: HUR's weekly volatility (23%) has been stable over the past year, but is still higher than 75% of UK stocks. That's not a good outcome for shareholders either. Hurricane is therefore valued at a premium to EnQuest Plc – at 24.65p per share its worth around £420mln - which produces close to 70,000 boepd … Applying this to Hurricane Energy yields a pretty poor Momentum Rank of 17. Going to be a fascinating week, Post from lse bb: Sad. 19 Feb 2020. This is the view of by far the majority of this forum. I think Kerogen have walked away. We list all the recent dividend announcements and dividend yields from LON:HUR where possible. They only need to sell a fraction of their allotted new shares to recoup their entire debt, although whether there will be willing buyers to take them on is (IMO) very doubtful. The company needs to magic $230m out of the air by July next year. Sat 13:31 Hurricane Energy's Dividends . I don't think they've joined with CA, but we'll know more on Friday. Crystal Amber holdings have fluctuated between 5.1% and 4.8% over the last year and Hurricane Energy’s share price drop has also seen the value of Crystal Amber shares decline. Why the Hurricane Energy share price is crashing today. They have always had plans and more importantly, they are being successfully carried out. re the LSE post by Anne37 Governance . Warwick & Lincoln 3 wells drilling 2020 It is possible that things could quickly turn for the better here. Remember the Warwick licence expires on 31/8/2020. Hurricane's Board is committed to applying the appropriate high standards of corporate … Board of directors . It is hard to tell if the people who sold have called it right or those of us who believe that the SP does not reflect the true worth of this company. Don't … Whatever next! Hurricane's Board is committed to applying the appropriate high standards of corporate … Please use for information purposes only. Posts: 189 Got an opinion on this share? Hurricane Energy Plc () Stock Market info Recommendations: Buy or sell Hurricane Energy stock? So perhaps the request to the OGA should read extend time to abandon or complete LC well and want to conduct pressure testing analysis. Got an opinion on this share? Hurricane Energy Plc has a 4 week average price of 0.72p and a 12 week … It is quite iFlogical, ash6666 Realistically this would involve displaying firm interest re an asset sale or RTO. bobsson No mercy for any member of the BOD. This was proved this morning by a 42.7% plunge in Hurricane Energy’s shares … NFA looks more nuanced but I've not seen the small print. Hurricane Energy plc has established a share dealing service for shareholders with Computershare Investor Services PLC for the sale and purchase of shares in Hurricane Energy plc. What will happen when the FCA say it's all above board. Board of directors . Find out more. So much we don't know including where Kerogen stand. Lincoln 2C … The International Criminal Court is monitoring the Israel-Palestine conflict for possible war crimes. That's ironical - Click here. NAI, DYOR, but very risky to be buying equity even at these low prices, since the court will not be on your side. Hurricane Energy shares slump as dilution looms, bondholder talks imminent Proactive Investors (UK) 13:16 18-Dec-20. I have now sent them in. Board of directors. Hurricane’s North Sea activities are based on feeding oil and gas to the Aoka Mizu floating production storage and offloading (FPSO) vessel it has in the area. 25 Feb 2020, Lancaster Oil Production ( EPS ) Hi Ash, Good spot. There is currently nothing to see on this Hurricane Energy live discussion. Warwick & Lincoln 3 wells drilling 2020 … Just for reference, dipped my toes back in 10.41am price 0.161p. Why Hurricane Energy’s production issues are so damaging. Here’s what I’d do now; Roland Head has no position in any of the shares mentioned. But I would happily have sold @ 30p and then bought them all back @ash6666 15p. Find out more. b) CA challenge Court and booted into touch If the company breaches the agreement doesn't the Ad-Hoc Committee just demand immediate repayment of the bonds and put the company into administration when that is not forthcoming? Hi ghhghh, You can feel proud that your conscience would not let you exploit these vulnerable people. Bought back in yesterday. Share price just under 16p 17/2/2020, ash6666
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