Key Updates On Three FTSE Stocks – SDX Energy Plc, Empyrean Energy Plc And Keywords Studios Plc

  • Oct 25, 2019 BST
  • Team Kalkine
Key Updates On Three FTSE Stocks – SDX Energy Plc, Empyrean Energy Plc And Keywords Studios Plc

SDX Energy Plc

SDX Energy Plc (SDX) is a London, the United Kingdom based oil and gas company that is engaged in the exploration and production, as well as development of oil and gas resources. The company’s operations are located in Egypt and Morocco that include interests in six concessions. In Egypt, the company has a working interest in two producing assets which are North West Gemsa and Meseda, in both of which, the company has a 50 per cent working interest and they are located onshore in the Eastern Desert, near the Gulf of Suez.

SDX Latest News

On 25th October 2019, through a press release, the company announced the beginning of a 12 well drilling operation, for the purpose of directing a mean 15bcf of gross prospective resources with no risk, in the Gharb Basin acreage in Morocco, in which the company has a 75 per cent working interest. The press release mentioned that the company would further give an operational update on the progress of this drilling campaign in an operational update in early January 2020.

 

SDX Share Performance

On 25th October 2019, at 11:02 AM GMT, while writing, SDX Energy Plc’s stock traded at GBX 22.60 per share, an increase of 2.73 per cent or GBX 0.60 per share in comparison with the previous day’s closing price which was reported at GBX 22.00 per share. The company’s share price traded 44.87 per cent above its 52-week low price of GBX 15.60 per share, which the company’s stock hit on August 15, 2019. The company’s 52-week high price is of GBX 53.00 per share, which it hit on November 01, 2018. The company’s Market Capitalisation was around GBP 45.04 million.

By the time of writing, 61,250 stocks of the company had been traded for the day. The average volume of trading per day for last one year has been 184,210. The stock has lost 51.97 per cent in the last one year from the price of GBX 48.40 per share.

The Beta of the stock has been reported to be at 2.3578, from which it can be inferred that the stock’s price movement, is significantly more volatile as compared to the movement of the comparative benchmark index.

 

Empyrean Energy Plc

Empyrean Energy Plc is an Australia based Oil and Gas producing company that is engaged in the oil and gas exploration and production in North America. The company’s 3 flagship projects are the Sacramento Basin projects in California, United States of America, China Block 29/11 project in China and Duyung PSC Project in Indonesia. Apart from these, the company also has interests in a few other projects, like the Riverbend Project in Texas, USA and Eagle Oil Project in California, USA.

EME Operations Update

On 25th October 2019, the company provided an operational update with regard to the drilling operations in the Duyung PSC Project which is located in the West Natuna Basin, offshore Indonesia, in which the company has an 8.5 per cent working interest. The company has been informed by the operator, Conrad Petroleum Limited, that post the Tambak-2 well was drilled successfully, getting to 1,650 feet in total depth on 15th October 2019, the top of the aimed Intra-Muda oil well depth came in as pre-diagnosed approximately 10 feet up-dip to Conrad's Mako South-1 gas discovery well over 13.5 km away.

 

EME Share Performance

On 25th October 2019, at 10:56 AM GMT, while writing, Empyrean Energy Plc’s stock traded at GBX 8.80 per share, a decrease of 12.09 per cent or GBX 1.21 per share in comparison with the previous day’s closing price which was reported at GBX 10.01 per share. The company’s share price traded 16.94 per cent above its 52-week low price of GBX 7.53 per share, which the company’s stock hit on August 16, 2019. The company’s 52-week high price is of GBX 11.50 per share, which it hit on January 04, 2019. The company’s Market Capitalisation was around GBP 44.34 million.

By the time of writing, 622,790 stocks of the company had been traded for the day. The average volume of trading per day for last one year has been 265,400. The stock has lost 1.66 per cent in the last one year from the price of GBX 8.9490 per share.

The Beta of the stock has been reported to be at -0.7520, from which it can be inferred that the stock’s price movement, is inversely correlated to the movement of the comparative benchmark index.

 

Keywords Studios Plc

Keywords Studios Plc (KWS) is an Ireland based company that is engaged in the process of providing technical services to leading video game content creators and publishers in the world. The company acts as an external development partner that is also engaged in the supply of localisation and localisation testing. Along with these, the company is also involved in providing, art services, engineering, audio services, functionality and functionality testing as well as in-game player support. The company’s clients can engage with the group at a service line level or at a group level leveraging all its studios. At Service Line and Group level the company configures and creates best end to end solutions for their clients from around 50 plus partner studios, all leaders in their own fields of expertise of gaming and content creation, located across 4 continents and 20 countries. The company’s clients include the who’s who of the digital and gaming world like – Warner Bros., Konami, Nintendo, Google, Microsoft, Sega, Oculus, Electronic Arts Brand, etc. The company’s primary objective is to become a “Go-to” global service platform for video games as well as other digital services across media.

KWS Financial Performance and Latest News

On 18th September 2019, the company announced its half-year results for the six months ended 30th June 2019. The company reported that the revenue, including the contribution from the acquisitions had increased by 39.3 per cent year on year to €153.2 million in H1 2019 from €110.0 million in H1 2018. This was driven by increased demands for the company’s services across all service lines in the first half of the year as the market is increasing the use of external development in this sector. The gross profit margin decreased from 37.4 per cent in H1 2018 to 36.1 per cent in H1 2019 due to increase in activity in the recruitment of new staff as well as their training as well as a new project brought in through an acquisition. Adjusted Earnings Before Interest Taxes Depreciation and Amortization (on a pre-IFRS 16 basis) was reported at €22.3 million in H1 2019, as compared to €18.7 million in H1 2018. Adjusted profit before tax (PBT) increased by 14.3 per cent year on year to €18.4 million, as compared to H1 2018 Adjusted PBT of €16.1 million. Adjusted earnings per share (EPS) was Euro cent 18.36 per share, compared to H1 2018 Adjusted EPS at Euro cent 18.30 per share. The company declared a dividend of GBX 0.58 per share, approximately a 10 per cent year on year increase from a dividend of GBX 0.53 per share in H1 2018.

On 14th October 2019, the company made a press release providing an update regarding the appointment of a new Chief Financial officer (CFO) of the group Mr. Jon Hauck as previously announced on 17th June 2019. The company announced that Mr. Hauck took up his role as the Chief Financial Officer of the Group as on 14th October 2019. The company also reported that David Broderick, the former CFO, will be available to the company till the end of November to ensure a successful transition of the position and responsibilities.

KWS Share Performance

On 25th October 2019, at 10:52 AM GMT, while writing, Keywords Studios Plc’s stock traded at GBX 1153.00 per share, a decrease of 2.12 per cent or GBX 25.00 per share in comparison with the previous day’s closing price which was reported at GBX 1178.00 per share. The company’s share price traded 30.28 per cent above its 52-week low price of GBX 885.00 per share, which the company’s stock hit on February 08, 2019. The company’s 52-week high price is of GBX 1880.00 per share, which it hit on June 28, 2019. The company’s Market Capitalisation was around GBP 767.08 million.

By the time of writing, 104,840 stocks of the company had been traded in the day. The average volume of trading per day for last one year has been 244,900. The stock has lost 18.34 per cent in the last one year from the price of GBX 1410.00 per share.

The Beta of the stock has been reported to be at 1.1425, from which it can be inferred that the stock’s price movement, is more volatile as compared to the movement of the comparative benchmark index.

With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities. 

Amidst this, are you getting worried about these falling interest rates and wondering where to put your money?

Well! Team Kalkine has a solution for you. You still can earn a relatively stable income by putting money in the dividend-paying stocks.

We think it is the perfect time when you should start accumulating selective dividend stocks to beat the low-interest rates, while we provide a tailored offering in view of valuable stock opportunities and any dividend cut backs to be considered amid scenarios including a prolonged market meltdown.

To know more about these dividend stocks, click here

CLICK HERE FOR YOUR FREE REPORT!
   
x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK