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Oil gas
Australian Energy Stocks Hit New Low Amid Weakening Oil Prices and U.S. Consumer Sentiment
June 17, 2024 03:08 PM AEST| By Team Kalkine MediaThe Australian energy stocks sub-index (INDEXASX: XEJ) experienced a significant decline on 17 June 2024, falling as much as 1.17% to its lowest level since 7 December 2023. This downturn comes as oil futures prices settled slightly lower on Friday,...
Woodside (ASX: WDS) Shares Surge on First Oil from Sangomar Field
June 11, 2024 03:48 PM AEST| By Team Kalkine MediaWoodside Energy Group Ltd (,ASX: WDS,) shares are witnessing a notable uptick today, driven by positive developments on multiple fronts. The oil and gas stock, a constituent of the S&P/ASX 200 Index (ASX: XJO), has displayed resilience amidst broader...
Titomic (ASX: TTT) Shares Surge Following Collaboration with Woodside Energy
June 11, 2024 03:28 PM AEST| By Team Kalkine MediaShares of Titomic Limited (,ASX: TTT,) soared as much as 8.79% to reach AU$0.083 apipece, marking their highest level since 20 May 2024. This significant rise follows the announcement that Woodside Energy (ASX: WDS), a leading energy company, will ut...
AGL (ASX: AGL) Shares Drop Amid Retail Transformation Program Costs
June 11, 2024 03:17 PM AEST| By Team Kalkine MediaThe AGL Energy Ltd (,ASX: AGL,) share price is facing downward pressure today, as investors respond to recent company announcements. The shares of the S&P/ASX 200 Index (ASX: XJO) energy provider, which closed at AU$10.49 on Friday, are currently tra...
Beach Energy (ASX: BPT) Shares Decline Following Citi Downgrade and Revised Price Target
June 07, 2024 03:12 PM AEST| By Team Kalkine MediaShares of oil and gas explorer Beach Energy (,ASX: BPT,) experienced a decline of up to 1.84% on 7 June 2024, reaching AU$1.60 apiece, marking their lowest level since May 8. The downturn comes in the wake of Citi's decision to downgrade the stock fr...
Meridian Energy (ASX: MEZ) Shares Surge on New Long-Term Contracts
May 31, 2024 04:18 PM AEST| By Team Kalkine MediaMeridian Energy Limited (,ASX: MEZ,) saw its shares rise by 5.55% to trade at AU$6.09 during the afternoon on 31 May 2024. This increase follows the announcement of a significant agreement between Meridian Energy and New Zealand’s Aluminium Smelter (...
Wesfarmers (ASX: WES) Offloads LPG and LNG Units as Earnings Decline
May 30, 2024 04:32 PM AEST| By Team Kalkine MediaWesfarmers (,ASX: WES,) has announced the sale of its liquefied petroleum gas (LPG) and liquefied natural gas (LNG) distribution businesses to Supagas and Clean Energy Fuels Australia, respectively. The conglomerate disclosed this strategic move on T...
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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