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Oil gas
Strike Energy’s (ASX: STX) Shares Soar on Walyering gas field’s payback announcement
May 28, 2024 04:50 PM AEST| By Team Kalkine MediaShares of Australian oil and gas explorer Strike Energy (,ASX: STX,) soared as much as 7.3% to AU$0.220, during afternoon trading hours of Tuesday. The remarkable surge in STX's share price followed the company's announcement regarding its Walyering...
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Origin Energy (ASX: ORG) Share Price Rises as Eraring Power Station Extends Operations
May 23, 2024 02:49 PM AEST| By Team Kalkine MediaThe Origin Energy Ltd (,ASX: ORG,) share price is on the rise today, outperforming the broader market trend. While the S&P/ASX 200 Index (ASX: XJO) is experiencing a downturn of 0.46%, the energy provider's shares closed yesterday at AU$10.16 and are...
Carnarvon Energy (ASX: CVN) Explores Strategic Options, Including Sale of Assets
May 17, 2024 03:14 PM AEST| By Team Kalkine MediaAustralian oil and gas explorer Carnarvon Energy (,ASX: CVN,) is embarking on a strategic review process, exploring potential avenues to unlock shareholder value. The company, which holds a significant stake in the Dorado oil field alongside Santos (...
Beach Energy (ASX: BPT) Faces Stock Drop on Wednesday Amid Analysts' Concerns
May 01, 2024 04:32 PM AEST| By Team Kalkine MediaBeach Energy (,ASX: BPT,) witnessed a 3.42% decline in its share price to AU$1.56 apiece on Wednesday, reflecting a dip in investor sentiment. The downturn followed a decision by analysts at Morgan Stanley to lower the price target on the stock to AU...
Origin Energy (ASX: ORG) revenue jumps 7% in latest quarter on improved LNG prices and increased volumes
April 30, 2024 02:57 PM AEST| By Team Kalkine MediaOrigin Energy (,ASX: ORG,) announced a significant uptick in third-quarter revenue from its Australia Pacific LNG (APLNG) project, marking a 7% sequential increase. This surge was primarily driven by heightened volumes and improved average realised L...
Boss Energy (ASX: BOE) Shares Surge on Uranium Production Milestone
April 29, 2024 05:15 PM AEST| By Team Kalkine MediaShares of Australian uranium explorer Boss Energy (,ASX: BOE,) surged as much as 9.13% to AU$4.78 on Monday, poised for their best day since April 22 if current gains persist. The company emerged as the top gainer in the ASX 200 benchmark index.,Boss...
Beach Energy (ASX: BPT) Quarterly Update: Production Growth and Revised Guidance
April 24, 2024 03:06 PM AEST| By Team Kalkine MediaBeach Energy Ltd (,ASX: BPT,) has recently released its quarterly report, highlighting significant developments and achievements in its operations. The company's performance for the quarter reflects both progress and challenges in its production and...
Here’s why Woodside Energy (ASX: WDS) shares tumbled today
April 22, 2024 06:21 PM AEST| By Team Kalkine MediaShares of Australian oil & gas giant Woodside Energy (,ASX: WDS,) closed on Monday, 22 April with a dip of around 2.6% to AU$28.63, mirroring the downturn in oil prices. The broader energy sub-index (AXEJ) also saw a dip of 1.5% amidst market fluctua...
Woodside Energy (ASX: WDS) Faces Decline in Share Price Amidst First-Quarter Revenue Drop
April 19, 2024 11:50 AM AEST| By Team Kalkine MediaShares of Woodside Energy (,ASX: WDS,) experienced a downturn, falling as much as 1.04% to AU$29.14 at 11:19 AM AEST on 19 April 2024, marking their lowest level since March 15. This decline aligns with the broader market trend, as the benchmark inde...
Santos (ASX: STO) Reports Decrease in First-Quarter Revenue Due to Production Challenges
April 18, 2024 10:28 AM AEST| By Team Kalkine MediaAustralian oil and gas producer Santos (,ASX: STO,) announced on Thursday a decline in first-quarter revenue, citing lower production across its product portfolio and reduced volumes in recent months. The company highlighted severe weather events and...
Viva Energy (ASX: VEA) Shares Rally on Strong First-Quarter Performance
April 17, 2024 04:40 PM AEST| By Team Kalkine MediaViva Energy Group (,ASX: VEA,) has witnessed a notable surge in its share price on 17 April 2024, climbing by as much as 1.44% to close at AU$3.53 apiece, marking its most significant intraday percentage gain since April 5.,The energy firm has report...
Origin Energy (ASX: ORG) intends to buy Yanco Delta Wind Farm of Virya Energy, shares react
April 12, 2024 05:02 PM AEST| By Team Kalkine MediaAustralian oil and gas giant Origin Energy (,ASX: ORG,) experienced a notable surge in its share price, climbing by as much as 2.14% to AU$9.77 apiece on 12 April 2024, reaching its highest level since mid-August 2018. This uptick in share value foll...
Santos (ASX: STO) shares annual general meeting results, Keith Spence re-elected as chair
April 11, 2024 01:07 PM AEST| By Team Kalkine MediaSantos Limited (,ASX: STO,), an Australian oil company, has re-elected Keith Spence as its chair despite shareholder unrest over the company's response to climate change issues. According to results from the annual general meeting held on Thursday, a...
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Australian energy stocks decline amidst global uncertainty
April 10, 2024 11:57 AM AEST| By Team Kalkine MediaAustralian energy stocks experienced a notable decline on Wednesday (10 April 2024), plummeting by as much as 0.6%. This downward trend marked their lowest level since March 28, reflecting ongoing concerns within the sector. The sub-index has now fal...
Beach Energy (ASX: BPT) shares drop on increase in cost estimation for Waitsia Stage 2 project
April 08, 2024 05:31 PM AEST| By Team Kalkine MediaBeach Energy Ltd (,ASX: BPT,) shares witnessed a sharp decline on Monday, plunging as much as 15.04% to AU$1.61 apiece, marking their steepest intraday drop since April 2021. This significant downturn comes as the oil and gas explorer faces setbacks...
Geopolitical unrest boosts Australian energy stocks to multi-month highs
April 03, 2024 04:55 PM AEDT| By Team Kalkine MediaAustralian energy stocks, represented by the XEJ sub-index, have surged by as much as 0.055%, reaching their highest level since February 9. This upward momentum positions the sub-index for its sixth consecutive session of gains if the current trend...
Increase in crude price drives Australian energy index, up 1.3%
April 02, 2024 12:10 PM AEDT| By Team Kalkine MediaAustralian energy stocks surged by as much as 1.3%, reaching their peak levels since February 9. The sub-index marked its fifth consecutive session of extending gains.,This upward trajectory in energy stocks followed a 1% increase in crude prices, dr...
Paladin Energy (ASX: PDN) share price surges as production commences at Langer Heinrich Mine
April 02, 2024 11:38 AM AEDT| By Team Kalkine MediaPaladin Energy Ltd (,ASX: PDN,) has kicked off the shortened trading week with an impressive start, as its share price climbs by a notable 5.11% to AU$1.44 apiece in morning trade on 2 April 2024. This surge stands out amidst a relatively flat perfor...
Beach Energy (ASX: BPT) implements workforce reduction as part of strategic review
March 28, 2024 06:09 PM AEDT| By Team Kalkine MediaAustralian oil and gas producer Beach Energy (,ASX: BPT,) unveiled plans on Thursday to reduce its workforce by 30% as a pivotal component of its strategic review aimed at enhancing efficiency and curbing operational costs.,The decision comes after t...
Woodside Energy (ASX: WDS) concludes sale of 10% interest in Scarborough JV for AU$910M
March 26, 2024 05:17 PM AEDT| By Team Kalkine MediaWoodside Energy (,ASX: WDS,), a significant player in the oil and gas industry, has finalised the sale of a 10% non-operating participating interest in the Scarborough joint venture to LJ Scarborough. This move comes as part of Woodside's strategic i...
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