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Oil gas
Omega Oil and Gas names Martin Houston as chairman
February 17, 2025 11:00 AM AEDT| By Team Kalkine MediaOmega Oil & Gas Strategic Leadership and Exploration Developments
Oil Market Finds Stability Amid Trade and Geopolitical Developments
February 14, 2025 01:14 PM AEDT| By Team Kalkine MediaHighlights,Oil prices steady as markets assess potential trade measures.,US sanctions,impact,Russian crude supply, supporting prices.,Diplomatic talks between the US and Russia raise supply speculations.,Oil prices stabilized as markets analyzed the...
AGL Energy Reports Profit Decline Amid Cost-of-Living Crisis
February 12, 2025 12:57 PM AEDT| By Team Kalkine MediaHighlights,AGL's statutory net profit drops to $97 million, a decline of $479 million year-on-year.,Underlying profit down 6.5% to $373 million, impacted by higher operating costs and customer product swapping.,AGL lowers its interim dividend to 23 c...
Oil Market Stabilizes After Weeks of Decline Amid Tariff Concerns
February 10, 2025 11:38 AM AEDT| By Team Kalkine MediaHighlights,Oil prices,stabilize,after weeks of decline, with Brent trading under $75 per barrel.,Tariff disputes raise concerns over demand and supply chain disruptions.,Energy,industry braces for potential impact on operations and costs.,After a pro...
Will Beach Energy Limited (ASX:BPT) Reverse Its Downturn?
February 09, 2025 03:32 PM AEDT| By Team Kalkine MediaHighlights:,The share price experienced a notable decline following the recent earnings release.,Revenue surpassed previous benchmarks, while earnings per share came in slightly below earlier estimates.,Revised guidance shows an improved earnings per...
Is Ampol (ASX:ALD) Showing Divergent Trends in Earnings and Revenue?
February 08, 2025 03:32 PM AEDT| By Team Kalkine MediaHighlights,Share price experienced a notable downturn in recent periods.,Earnings per share have shown marked improvement while revenue experienced a decline.,Dividend distributions contributed to a somewhat improved overall shareholder return.,Ampol...
Will Global Political Changes Alter Commodity Markets?
February 07, 2025 08:30 PM AEDT| By Team Kalkine MediaHighlights,Global commodities market shaped by international political events.,Tariff measures reconfigure trade flows and currency dynamics.,Australian market and commodity segments experience distinct sector movements.,The global commodities market...
Is Beach Energy Redefining Its Financial Path?
February 07, 2025 03:31 PM AEDT| By Team Kalkine MediaHighlights,Strong revenue performance in the energy sector,Transition from previous losses to solid net income,Guidance outlines steady revenue expansion over the coming years,Beach Energy (ASX:BPT) operates within the oil and gas division of Austral...
Is Beach Energy (ASX:BPT) Facing a Decline in Capital Efficiency?
February 07, 2025 03:31 PM AEDT| By Team Kalkine MediaHighlights,Declining efficiency in capital utilization observed over time.,Financial metrics remain below industry averages.,Reinvestment efforts have not yet yielded improved sales performance.,Beach Energy (ASX:BPT) operates within the oil and gas...
Beach Energy Shares Fall 3.6% Amid Missed Earnings and Revised Outlook
February 06, 2025 12:23 PM AEDT| By Team Kalkine MediaHighlights,Beach Energy shares fell 3.6%, marking their steepest drop since December 9, following a significant earnings miss.,The company reported a lower-than-expected underlying NPAT of AU$237 million for the first half of the fiscal year.,Product...
Brookside Energy Advances Bruins Well in Prolific SWISH Play
February 06, 2025 11:09 AM AEDT| By Team Kalkine MediaHighlights:,Bruins Well Progress:,Drilling preparations are underway for the Bruins Well, a key step in Brookside Energy,Ltd’s,2025 drilling program in the Anadarko Basin.,Increased Interest:,Brookside Energy expects to secure a ~70% working interest...
Global Oil Markets Respond to Tariff Escalations Amid Rising Trade Tensions
February 03, 2025 11:50 AM AEDT| By Team Kalkine MediaHighlights,Tariff measures imposed on imports from Canada, Mexico, and China have triggered a surge in crude oil prices.,West Texas Intermediate climbed to $75.18 per barrel while Brent Crude edged near $77.,Policy actions raise prospects of broader...
Origin Energy Shares Drop as Q2 Update Reveals Lower Production Guidance
January 31, 2025 11:14 AM AEDT| By Team Kalkine MediaHighlights,APLNG revenue rose 3% to $2.71 billion,, but FY 2025 production guidance was downgraded by 2-3%.,Octopus Energy added 680,000 new customer accounts,, reinforcing its position as the UK's largest energy retailer.,Eraring battery expansion a...
We believe that Tamboran Resources (ASX:TBN) should cautiously pursue business growth.
January 29, 2025 05:30 PM AEDT| By Team Kalkine MediaHighlights:,Tamboran Resources has a cash runway extending for 12 months.,The company has reduced its cash burn by over 30% in recent times.,experts expect the company to reach breakeven within five years.,Tamboran Resources (ASX:TBN) is operating in...
Viva Energy Shares Slide After UBS Downgrades Earnings Outlook and Lowers Price Target
January 29, 2025 02:16 PM AEDT| By Team Kalkine MediaHighlights,Stock Drop:,Shares of,Viva Energy,fell,1.11%,to,AU$2.6,, reaching their lowest levels since,December 24, 2024,.,UBS Adjusts Target:,UBS analysts lowered their,price target,on,Viva Energy,to,AU$3.2,, down from,AU$3.4,, while maintaining a,"...
Viva Energy Shares Fall 2.8% After Lowered Guidance and Refinery Impact
January 28, 2025 02:25 PM AEDT| By Team Kalkine MediaHighlights,Viva Energy’s shares drop 2.8% to AU$2.75, marking the largest intraday fall since December 19.,The fuel retailer revises its convenience and mobility EBITDA forecast, now expecting it to hit the lower end of its FY24 guidance range.,FY24...
Australia’s Energy Stocks Decline 1.5% Amid Weakening Oil Prices and AI Concerns
January 28, 2025 02:20 PM AEDT| By Team Kalkine MediaHighlights,Australia's energy stocks sub-index drops 1.5%, its lowest level since January 2, amid global oil price weakness.,The sector is under pressure after rising interest in a Chinese AI model raised concerns about reduced energy demand for data...
The Taroom Trough in Queensland offers a remedy for the gas supply issues on the east coast.
January 28, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights:,Queensland's Taroom Trough in the Surat Basin shows substantial gas resources that could support Eastern Australia's gas needs.,ASX:OMA is advancing production tests at Canyon-1H, demonstrating positive early results.,Collaborative projec...
Is the Northern Territory Poised for Major Resource Development?
January 25, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights:,The Northern Territory Government focuses on reducing regulatory hurdles and enhancing economic stability.,A taskforce has been established to streamline approval processes for resource development.,The NT government continues to support...
Tamboran Resources Expands Stimulation Testing at Beetaloo Basin Wells (ASX:TBN)
January 24, 2025 03:29 PM AEDT| By Team Kalkine MediaHighlights:,Tamboran,Resources begins stimulation testing of two wells in the,Beetaloo,Basin, marking a significant step in its exploration efforts.,The stimulation program will use up to 119 stages across two wells, increasing proppant intensity by...
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