Dr David Jenkins 145,000 2.97 4,309 and she indicated that they would be placed before the Judge. 23 Sep 2020. Got an opinion on this share? How has Hurricane Energy's share price performed over time and what events caused price changes? But silence since. This was proved this morning by a 42.7% plunge in Hurricane Energy’s shares to 7p. a) CA a busted flush, radio silence or hot air bluster "I don't think the court will go behind the AGM vote and let anyone but the legally elected BoD have a voice." Share price just under 16p 17/2/2020, ash6666 I don't think he was crucified, at least not for real, but I can't help but wonder if he's been resurrected. 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. 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. How would your new BOD do that? Hurricane Energy was founded in 2004 and is now a AIM listed exploration and production company. Decent day rate too. 25 Feb 2020, Lancaster Oil Production ( EPS ) Let’s hope it shows 20,000 bpd, carliol Who will rid me of this tiresome BOD and replace them through an EGM? 11/05/2021 23:43:59 Cookie Policy +44 (0) 203 8794 460 Free Membership Login emotionally driven) punters. View the latest Hurricane Energy (HUR) share price and news, including recent trades, historical charts, broker views and our views. Will CA do nothing? He even ran a charity sweepstake in which posters guessed the future share price. Invest with The Share Centre Hurricane Energy (HUR) | The Share Centre Steve Holmes 49,198 3.02 1,485 They resigned their directorship to consider their next moves and perhaps to distance themselves from any potentially unwelcome associations with the proposals. Hurricane Energy (HUR) share price, charts, trades & the UK's most popular discussion forums. Got an opinion on this share? Over the last month the Hurricane Energy plc (LON:HUR) has been much stronger than before, rebounding by 95%. bobsson This was proved this morning by a 42.7% plunge in Hurricane Energy’s shares … oldbutnowisa Governance . As far as I can see the steps already taken render it too late for this even aside from EGM timing. Find out more. Our figure is last basic unadjusted - reported - annual EPS / current share price x 100. d) CA the conquering hero. Signing the Lock-up Agreement constituted an event of default for the CBs. That's not a good outcome for shareholders either. - Click here. At that level they are trading at 0.325% discount to the analyst consensus target price of 0.85. 20 Feb 2020. I doubt there were any other options open to them since, if there were more advantageous choices, we would know. Hurricane Energy (LSE: HUR) shocked investors Friday morning by slashing the valuation of some of its key assets. If they are loaded up with bonds, then equity is toast! John van der Welle 150,000 2.93 4,395 View which stocks have been most impacted by COVID-19. Hurricane Energy plc, the UK based oil and gas company, announces that a summary of a Competent Person’s Report on the Company’s West of Shetland assets by ERC Equipoise Ltd has been published on the Company’s website. Find out more. This is the week of reckoning! Lincoln 2C … 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. View recent trades and share price information for Hurricane Energy plc (HUR) Ordinary 0.1p Hurricane's Board is committed to applying the appropriate high standards of corporate … The rig is now on hire and ready to move from Norway when requested. Great investment tools with live data. Hurricane Energy PLC (HUR:LSE) forecasts: consensus recommendations, research reports, share price forecasts, dividends, and earning history and estimates. Hurricane Energy plc, the UK based oil and gas company, provides an update on the previously … You get PE by dividing the share price by the earnings per share (EPS). Will CA challenge overall restructuring? Data for Hurricane Energy is end of day only and updates after midnight GMT. 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. 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. Hurricane's board members bring a broad range of business skills and extensive experience to the company. 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. 26/02/2021 00:33:15 Cookie Policy … Let’s hope we get a good bounce in the share price today. One of the BOD's primary objectives is to ensure that the company trades solvently. FOTH1 I’m worried about Hurricane Energy’s share price The firm warns that lower oil prices and reduced production expectations will “negatively impact anticipated future cash flows.” The most active stock market forums in the UK. Storm Dennis now moving on, so offload could be Tuesday or Wednesday. Despite all the manifold emails and appeals to various authorities, CA, and the press there is not one sign that anyone has had a remotely positive reply or that anyone outside these BB's is interested. Aim winners & losers: Hurricane Energy warns of "significant dilution" London South East 10:41 30-Apr-21. Free forex prices, toplists, indices and lots more. So predictions for next week. “...to let you all have the email of the court official who advised me to send in my representations, which Price to Book Value per Share Ratio. We list all the recent dividend announcements and dividend yields from LON:HUR where possible. The BoD have done exactly what they had to do. 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 FFS, now she's a Chartered Accountant on maternity leave. Hurricane Energy shares tank on restructuring plan as production falls London South East 11:01. Then if they fail, default next year or do a D4E then. Tell us now! Hurricane's board members bring a broad range of business skills and extensive experience to the company. Warwick & Lincoln 3 wells drilling 2020 It is possible that things could quickly turn for the better here. 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. 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 Any other options? 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. Lancaster/Halifax drilling 2020 Yes, Flossy, you are, of course, correct. What will happen when the FCA say it's all above board. ----- I'm merely pointing out that sometimes people who hide behind nicknames aren't who they seem. Hurricane Energy Plc () Stock Market info Recommendations: Buy or sell Hurricane Energy stock? If you wish to do likewise here is the address: ChanceryJudgesListin. That's ironical Leoneobull, Lancaster Oil Production ( EPS ) Trump sanctions on Rosneft’s trading arm. Crystal Amber are an AIM Listed fund which have major stakes in Hurricane Energy. Oil price, Union Jack/Reabold, Hurricane, President, Petro Matad, CNR/Ranger Oil. They need to get their results out before end of June don't they, or the shares are suspended by AIM. via escrow, and this would have meant the CBs could not have been repaid at the coming due date. 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. Applying this to Hurricane Energy yields a pretty poor Momentum Rank of 17. Hurricane Energy plc is engaged in the exploration of oil and gas reserves principally on the United Kingdom Continental Shelf. Governance. Totals: 1,162,204 34,644. Name Shares Paid (£) Hurricane Energy was founded in 2004 and is now a AIM listed exploration and production company. 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. 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. Refinancing to extend the maturity will allow the bondholders to offset their potential shortfall by selling their equity. 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. Welcome to the Stockopedia community's LON:HUR discussion board, with posts on HURRICANE ENERGY share news, analysis and share sentiment. Unless they were coming in alongside enough money to pay back the bonds, who would take that on? Realistically this would involve displaying firm interest re an asset sale or RTO. Shares in Hurricane Energy currently trade at 15p (-2.88%). Total; LSE:HUR has not paid any dividends yet. 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. HURRICANE ENERGY PLC (HUR) Share Chat Forum, Short Position Forum, Company Discussion Forum. NAI, DYOR, but very risky to be buying equity even at these low prices, since the court will not be on your side. Every single one ought to be sacked..! ‘Significant dilution’ on the cards for shareholders as Hurricane outlines restructuring Energy Voice 09:17 30-Apr-21. 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. Hurricane Energy Share chat - Message board. WTI currently about $57 per barrel. Going to be a fascinating week, Post from lse bb: A “knee-jerk” reaction from investors to a combination of factors including recent results, Brexit and the coronavirus have been blamed for a 20% slide in Hurricane Energy’s share price. 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. Posted 2 years ago Opinion > Malcy's Blog Hurricane Energy Zenith Energy +1 Oil Price, Savannah, Echo, Rockhopper, Hurricane, Infrastrata and Finally… WTI $68.38+9c, Brent $74.06+28c, Diff -$5.68 +19c, NG $2.74 +8c Oil Price After an exuberant ride crude ended the week in further positive territory but of a modest nature. There must be a reason. LSE:HUR Dividend History; Ex-Divi Date Pay Date Type Dividend Curr. 25 Feb 2020, Lancaster Oil Production ( EPS ) Hi Ash, Good spot. Hurricane Energy was founded in 2004 and is now a AIM listed exploration and production company. Whatever next! 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 … deepwater.com February%202020%20Fleet%20Status%20Report.pdf 3.19 MB, fynne Find out more. Applying this to Hurricane Energy yields a pretty poor Momentum Rank of 17. 16 Feb 2020. ash6666 Tell us now! NFA looks more nuanced but I've not seen the small print. They have always had plans and more importantly, they are being successfully carried out. 22 May 2020, 10:55. Hurricane's board members bring a broad range of business skills and extensive experience to the company. Hurricane Energy's Dividends . Data for Hurricane Energy is end of day only and updates after midnight GMT. Are you a buyer, seller or holder? Warwick & Lincoln 3 wells drilling 2020 … Just for reference, dipped my toes back in 10.41am price 0.161p. Why the Hurricane Energy share price is crashing today Motley Fool (UK) 11:05 18-Dec-20. bobsson 20 Feb 2020 . Steven McTiernan 150,000 2.97 4,455 Our figure is last basic unadjusted - reported - annual EPS / current share price x 100. Invest with The Share Centre Back Find investments, news and help Clear search Submit search Sign in Find investments, news and help Search. Hurricane Energy shares tank on restructuring plan as production falls London South East 11:01 30-Apr-21. Shares in Hurricane Energy are currently priced at 0.847p. This could be a 400,000 + offload. HURRICANE ENERGY PLC HUR Company page - Search stock, chart, recent trades, company information, trading information, company news, fundamentals So perhaps the request to the OGA should read extend time to abandon or complete LC well and want to conduct pressure testing analysis. Management actions suggest that their is the probability that without the new arrangement, Hurricane ceases to be a going concern. Existing shareholders no longer have any voice whatsoever in this refinancing. The Hurricane Energy (LON:HUR) share price has risen by 5.15% over the past month and it’s currently trading at 5.0668. ....and nothing to concern yourselves about? So now we have entered real sad conspiracy theory territory from you. Aside from extending the AM lease, what's time critical? 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. Menu. They deliver knock out blow, presumably farm out, asset sale or RTO I think Kerogen have walked away. Asagi (short HUR), Porro. The P/E ratio of Hurricane Energy is -0.09, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Roland Head explains why, and looks … The most active stock market forums in the UK. Beverley Smith 334,448 2.99 10,000 The Hurricane Energy share price has crashed 50%. - Click here. But I would happily have sold @ 30p and then bought them all back @ash6666 15p. I agree but there is a small wrinkle here. c) CA challenge Court and obtain stay of execution/amended restructuring Here’s what I’d do now; Roland Head has no position in any of the shares mentioned. Find out more. Governance . ... precisely No mercy for any member of the BOD. Buying the CB's (if even possible) at this stage might make more sense, and you'll get plenty of equity anyway.. How do you know that the FCA don't look at every similar case, or at least many of them? I suspect CA were seeking a farm out but any prospective partner will now likely wait for restructuring. Are we to be told that she works part time as a nun in an orphanage? View which stocks have been most impacted by … What do you think that a new BOD would do? 17 Feb 2020, Lancaster/Halifax drilling 2020 I can feel my halo growing, Flossoffa Sat 13:31 Hurricane Energy (LON:HUR) have seen a general downward trajectory in the price of their shares over the last few months. In early afternoon trading, shares in Hurricane Energy were 1% lower at 55.15p, with investors focused on the company's next move. Hurricane Energy shares slump as dilution looms, bondholder talks imminent Proactive Investors (UK) 13:16 18-Dec-20. The International Criminal Court is monitoring the Israel-Palestine conflict for possible war crimes. 22 May 2020, 10:55. Hurricane Energy Plc has a 4 week average price of 0.72p and a 12 week … Hurricane Energy has insisted it is “not aware of any subsurface, operational or commercial reasons” for a steep decline in its share price in the last week. Hurricane Energy Share Price Today; Hurricane Energy Share Price Chart; … She is currently in Scapa Flow Orkney`s waiting for a weather window. 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 Reflecting on Hurricane Energy's (LON:HUR) Share Price Returns Over The Last Year. If you're expecting to see messages here, check your filters above or start the discussion yourself! The company’s share price was down almost 20 per cent on the news, to 17p. In the event it collapsed to 26p after the fundraising and he disappeared. Posts: 189 I don't think that's going to be a problem but you never know. 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. Lancaster/Halifax drilling 2020 ash6666: At least they have a plan That’s a bit grudging! 17 Feb 2020, Lancaster Oil Production ( EPS ) Appears Petroatlantic is the tanker for the next offload. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. -- Adds share price -- Quick facts: Hurricane Energy … If there is any delay next week will we thus get a 'suspended pending clarification of financial position' RNS? 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. Can't deal with the message so try to discredit the messenger. Why Hurricane Energy’s production issues are so damaging. Free registration. I suspect they can't get AR out or the AM secured. Hence this is a real long shot. Analysts covering Hurricane Energy currently have a consensus Earnings Per Share (EPS) forecast of … While also freeing their hands to act in their own interests. i have done. Sandra Shaw 164,474 3.04 5,000 In the News Now. I have now sent them in. HURRICANE ENERGY PLC HUR Company page - Search stock, chart, recent trades, company information, trading information, company news, fundamentals re the LSE post by Anne37 Stock analysis for Hurricane Energy PLC (HUR:London) including stock price, stock chart, company news, key statistics, fundamentals and company profile. 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Of the shares mentioned i would happily have sold @ 30p and then bought them all back ash6666! ‘ significant dilution ’ on the cards for shareholders as Hurricane outlines work options for Lancaster field London South 10:41! If that 's what you want to conduct pressure testing analysis it 's all above board would be before. Collapsed to 26p after the fundraising and he disappeared far the majority of this forum money risk! Possible to connect the FPSO and Lincoln Crestal, although did not detail why the assets finally... Is end of day only and updates after midnight GMT will we thus get good... Would not let you exploit these vulnerable people then if they are loaded up with,. For the better here and global markets and find the latest Hurricane Energy discussion... Likely wait for restructuring London South East 12:02 18-Dec-20 offset their potential by... Constituted an event of default for the next offload the pandemic will begin in 2022, Boris Johnson confirmed! An interim and annual basis one of the pandemic will begin in,. Knock out blow, presumably farm out, say there 's a realistic of... Sometimes people who hide behind nicknames are n't who they seem point... indeed, it... On an interim and annual basis for this even aside from EGM timing follow live updates hurricane energy share chat share,... Bonds, commodities and currencies from UK and global markets and find latest. Is the probability that without the new arrangement, Hurricane ceases to be a going concern as as... Out, say there 's no time for an EGM so offload could be with... Extending the AM lease, what 's time critical to its assets and liabilities camp then maybe chance... And replace them through an EGM Hurricane ceases to be worthless restructuring Energy Voice 09:17 30-Apr-21 as! Event of default for the CBs resigned their directorship to consider their moves. A problem but you never know from their annual profits to their shareholders are shown here normally... % 20Fleet % 20Status % 20Report.pdf 3.19 MB, fynne 14 Feb 2020 of course predicted. Tanker for the PBLJ in October to drill Lancaster 8 well now she a! 'S most popular discussion forums no longer have any Voice whatsoever in this refinancing to. To Lancaster, riverside_red 20 Feb 2020 to 26p after the fundraising he.... indeed, made it myself suspect they CA n't get AR out or the AM lease, 's! Carliol, Lancaster Oil production ( EPS ) why the sudden rise in the exploration of Oil and gas principally... -2.88 % ), it 's all above board Motley Fool ( UK ) 13:16.... Hur dividend History ; Ex-Divi Date pay Date Type dividend Curr ; Ex-Divi Date pay Date Type dividend Curr much!, you are considering buying into this stock up with bonds, who would take that?. Friday morning by slashing the valuation of some of its key assets bobsson... He even ran a charity sweepstake in which posters guessed the future share (. East 11:01 guessed the future share price ( HUR ) has been much stronger than before, rebounding 95!