Keyword results: gas

TXP
TXP
PREMIUM CONTENT

Despite unconfirmed rumours of delays, Touchstone Exploration remains a good speculative buy!

Touchstone Exploration (TXP) seems to be suffering from rumours on a Telegram group that there are delays to its Cascadura gas asset reaching into production, and this has caused the share price to plummet, currently down over 11%.

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JSE
JSE
PREMIUM CONTENT

Overdone drop on temporary production issues at its Montara field - buy Jadestone Energy (I have)

Any disruption to production is obviously a big issue for oil producers, and even more so when a company only has a small number of operations and it causes a significant impact on output.

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CNE
CNE
PREMIUM CONTENT

I think that Capricorn Energy shareholders are getting a bad deal from this merger with Tullow - Sell

I’ve been a fan of Capricorn Energy (CNE), formerly Cairn, for some time now and my investment there has done pretty well, but I probably won’t be holding for much longer now that it has announced a merger with Tullow Oil (TLW).

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Oil-Rig
PREMIUM CONTENT

Windfall tax on oil companies is unlikely to help convince investors that the UK is a stable place to do business and other sectors seem more deserving of one!

The new ‘windfall’ tax on UK oil and gas producers has been all over the news this week, and whilst many of the public seem to be celebrating the fact that these ‘evil’ companies and their investors are going to take a hit, I’m not so sure the new rules are quite so great.

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PREMIUM CONTENT

Serinus Energy results were disappointing but I wouldn't be in a rush to panic sell at the current price

I recently covered Serinus Energy (SENX) as a speculative buy based on the likelihood that the results for the first quarter would be good and the company would have benefitted from high commodity prices and fairly low Capex.

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OEX
OEX
PREMIUM CONTENT

Oilex placing news shows that all those claiming to have inside information were all lying

I’ve previously written here about the attempts by some to manipulate the share price of Oilex (OEX), and particularly with regards to an upcoming placing, but that will come to an end now that the company has released the actual details.

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PREMIUM CONTENT

Buy Serinus Energy ahead of the quarterly results, which should show substantial cash build

Serinus Energy (SENX) shares have performed pretty badly, considering that oil and gas is currently in a bull market, but I believe that the next set of operational and financial results could be a turning point for investors.

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So the Official Statistics Don't Look Good for Shares? Yes, but There Are Silver Linings.

Hello Share Toters. This old punter is downsizing. That means selling stuff on eBay. That was very profitable in the lockdowns as ordering by mail boomed. Now far fewer folks are buying my tasty gear. Latest figures on online buying bear me out. According to the Office of National Statistics, retail sales fell by an unexpected 1.4% in March. And February's sales figures were also revised down. Most of this decline being due to online selling.

OEX
OEX
PREMIUM CONTENT

BREAKING EXPOSE: Oilex - more share price manipulation and claims of insider information being leaked

A couple of weeks back I wrote a piece here about how the share price of Oilex (OEX) was being manipulated, with all sorts of claims being made from some people about being told information that wasn’t in the public domain.

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NG
NG

More Electricity and Less Gas Position the Grid for a Sparkier Future

Hello Share Changers. National Grid (NG.) doesn't get much coverage by financial journalists. That’s because it’s an old reliable that continues to do what it’s always done. But if you want a bit of stability in your portfolio, while you launch more speculative punts elsewhere, then it could be a sensible share to hold. And these days, the capacity for the grid to grow its share price looks strong.

OEX
OEX
PREMIUM CONTENT

Sleaze on AIM: Oilex looks very leaky - just look at the share trades!

Over the years on the AIM market I’ve seen plenty of strange RNSs issued, but even still, the two that were issued yesterday by Oilex (OEX) are somewhat perplexing!

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ENQ
ENQ
PREMIUM CONTENT

The market reacted negatively to the EnQuest full year results but I can see long term potential - buy

EnQuest (ENQ) has just released its results for 2021 and the market didn’t seem to like them, judging by the reaction of the share price, which I find surprising as I think they actually made pretty good reading.

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KOS
KOS
PREMIUM CONTENT

As much as I like the future prospects of Kosmos, top slice whilst oil prices are so high?

Kosmos Energy (KOS) is one of those companies that has never seemed to be very popular on the London market but it has performed extremely well as oil and gas prices have risen.

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POS
POS

Plexus – half-year results, is the tide now turning?

Oil and gas engineering services business and owner of the proprietary POS-GRIP method of wellhead engineering, Plexus Holdings (POS) has announced results for its half-year ended 31st December 2021 and argues “the tide is now turning” in its favour. Is it?…

Gold
PREMIUM CONTENT

The View From The Montana Log-Cabin As Gold Corrects From Assault On Record High

Gold ended the week at $1922 – down from last week’s $1991 as the assault on the record high petered out. The Fed raised interest rates, the Bank of England hiked rates again, the Ukraine war continued with more horrific attacks and inflation was still there rearing its ugly head.

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HDD
HDD

Hardide – argues “the first half of the year has started strongly”, but what does that mean financially?...

Engineering components coatings company Hardide (HDD) is “delighted that the first half of the year has started strongly with sales expected to be over 40% higher than the same period last year… optimistic that the increasing demand from existing customers and the high-volume potential of a number of projects will result in the group achieving its previous upward sales trajectory”. The shares have responded up to 33.5p, but what does the company’s AGM update mean financially?…

PREMIUM CONTENT

IGas offers future potential as a diversified energy play - speculative buy

IGas Energy (IGAS) has been performing well recently in terms of the share price, but following the latest trading and reserves update it has taken a bit of a hit and pulled back more than 14%.

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Gold
PREMIUM CONTENT

The View From The Montana Log-Cabin As Gold Breakout Above $1900 Is Stamped On – For Now

The big news this week was, of course, the Russian invasion of Ukraine. It is horrendous, and once again my thoughts are with those in the firing line. The market’s initial response was to mark up Gold and oil/gas, and sell everything else. But then a recovery set in – although I am not convinced it will last.

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Gold
PREMIUM CONTENT

Postcard From Montana As Gold Blasts Higher and Putin Blasts Ukraine

Vladimir Putin has gone for it: his troops went into Ukraine last night alongside missile attacks on Ukraine’s military and, according to broad media reporting, cyber-attacks were unleashed. As diplomatic efforts to resolve the situation were exhausted, it is now clear that Putin had decided to go in some time ago. The markets’ reaction has been to sell off, but oil is up and Gold is strongly higher.

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BP
BP
PREMIUM CONTENT

BP – Q4 and full year 2021 results, further upside potential?

BP plc (BP.) has announced fourth quarter and full year 2021 results and argues “strong progress” in its transformation to an ‘integrated energy company’.

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Malcolm-Sax-Machine

Fears that Inflation Will Hit All Our Shares Are, well, Inflated.

Hello Share Churners. The news is full of vulnerable folks stricken by the rising cost of living. This can give share shifters like us the heebie jeebies. We expect that the whole country will be unable to spend very much because the cash needs to go on bigger bills for electricity, gas, petrol, council tax, national insurance and food. Well, sadly many lower income folks will find it harder. But they were not the ones spending on non-essentials, anyway.

Collapsing-Reactor
PREMIUM CONTENT

Scottish Power – why this green energy con is an expensive lie & 0/10 for customer service

Tom commented over the weekend in Bearcast about the issues he is experiencing with Scottish Power. I have likewise experienced frustration with this organisation, not for as long as Tom has, but sufficient for me to quickly elevate matters. I am pleased to say my issue I had has now been partly resolved. But it begs some questions and examination. The biggest one is just how many Guardian reading poltroons buying “green energy” realise that a) it is not and b) that it is so expensive?

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PREMIUM CONTENT

Deltic Energy offers upside exposure to drilling without taking any crazy risks - speculative buy

A real buzz seems to have returned to the oil and gas sector in recent times and with commodity prices at their strongest for several years, and that even seems to be trickling down to the lower end of the market and the explorers now with some shares on a real rip.

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PREMIUM CONTENT

Chariot takes a step closer to production following a successful appraisal of the Anchois-2 gas prospect - buy

These days there seem to be very few AIM oil or gas companies drilling wells targeting significant resources, and even fewer where the outcome is a success.

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HUR
HUR
PREMIUM CONTENT

Hurricane Energy will be able to pay off its debts, but how much remaining value there will be for shareholders is debatable

Hurricane Energy (HUR) is a company that I’ve been following and covering ever since the days before it drilled the Lancaster appraisal well; through the times when it looked like it could be a big AIM success story; and more recently when it was uncertain as to whether it would even survive.

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Oil-Rig
PREMIUM CONTENT

Oil and Gas– I think an inflection point has been reached: oil could hit $200 and here is why

I commented recently how I saw the oil and gas price having positive movement upwards in the near term. Since then, a few things have changed, but that does not include the oil price, which is still around the $82’ish level. I think an inflection point of pricing has now been reached however, it is not so much a case of fill your boots, as much as batten down the hatches. Two things happened yesterday that have moved my view on oil and gas.

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PREMIUM CONTENT

Nostra Terra has always talked a good game but the end result has always been investors losing money - sell

Nostra Terra Oil and Gas (NTOG) is one of those companies that has always seemed to be popular with private investors over the years, but it is hard to see why as all it has done during that time is rack up substantial losses for them.

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Oil-Rig
PREMIUM CONTENT

Oil and Gas– May the #COP26 farce be with you

I have been following the COP26 two-week jamboree of the so called “great and the good” flying into Glasgow on private jets over the last two weeks. I have noted how some 18-year-old school kid from Scandinavia has been teaching our bonkers Prime Minister Carrie Boris Johnston to say Blah blah blah. It has been irritating and an insult to all thinking people. However, the implications to us investors are wide and many. A few views and opinions as the wafflefest comes to a close.

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JKX
JKX
PREMIUM CONTENT

JKX Oil and Gas offers an almost guaranteed 12% return for anyone taking a position now

JKX Oil and Gas (JKX) is a company that I’ve followed for a number of years but it has never quite lived up to expectations, nor performed anywhere near as well as its assets on paper suggest that it should have.

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BP
BP

BP – Q3 results, positive cash generation and shareholder returns

BP (BP.) has announced third quarter of the year results, emphasising it is delivering significant cash to strengthen finances, growing distributions to shareholders and investing in strategic transformation.

Oil-Rig

Why I'm not Selling my Oil Shares yet, Despite the Mark Carney Plan

Hello, Share Johnnies. News that the COP 26 get-together in Glasgow has backed Mark Carney’s plan to make banks and big investors avoid dirty fuels, understandably sent shares down in the likes of BP (BP.) and Shell (RDSA). But not by as much as you might think. And that’s probably because the high price of Brent crude means big oilers will announce juicy profits when they next report.

PFC
PFC
PREMIUM CONTENT

Petrofac looks to have resolved its issues just in time to take advantage of an oil and gas boom - speculative buy

Petrofac (PFC) shares have been good for trading over the past few years, assuming you managed to get your entries right, but the company has had too many potential issues to really have been considered an investment, unless you had a very high appetite for risk.

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SQZ
SQZ
PREMIUM CONTENT

The market has over-reacted to slight delays in bringing Columbus online - Serica remains a buy

Serica Energy (SQZ) has seen a sizeable drop in its share price over the past couple of days, and the news that landed this morning suggests that some got wind of this before the official RNS announcement. TW Note. Surely you are not suggesting insider dealing on the AIM sewer, the “world’s most succesful growth market” – surely not?

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast - the 1 stock I have bought for my SIPP and four I almost bought

I start with a couple of talkes fromthe Welsh Hovel and what they say about inflation and that almost drove me into buying two stocks for my SIPP. I considered another two but then went for a fifth, an oil and gas play. I explain my thinking behind all.  Then I discuss Peter Brailey’s piece on ITM Power (ITM)

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Oil-Rig
PREMIUM CONTENT

Oil Price – Coming along nicely – but it’s only the start: FYB with oil shares!

The oil price is panning out largely as I expected when I last drafted on this matter back in March. We are now at $84 as I type, compared to the $67 when I last commented. I saw a high probability of $100 by year end, and so far, I see little to change my mind. Oil and Gas equity prices lag the commodity prices, and oil lags gas. I see real opportunity here, but not without some downside risk.

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Bull

Oil's Well in Shareland. And Here's How You Might Cash in on the Problems it's Causing.

Hello, Share Lovers. If you strip out the rising share prices of oil companies, the Footsie is in retreat at the moment. Which is surprising given that, as Boris says, the economy is waking up after the worst ravages of covid. So why should shares be faltering when the signs look rather good? 

UOG
UOG
PREMIUM CONTENT

With oil and gas prices booming, United Oil shares are trading too cheaply despite its issues - buy

Sometimes I look at a company and think its shares are just too cheap at the current market cap and is pretty much being priced to fail, yet in some cases there certainly doesn’t appear to be anything fundamentally wrong that suggests that to be the situation.

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TXP
TXP
PREMIUM CONTENT

Touchstone remains on track after positive drilling news and there is plenty more to come - Buy

Touchstone Exploration (TXP) is a company that I’ve covered here several times before and which I believe has a lot of potential, and the latest drill results certainly seem to support that still being the case.

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Malcolm-On-Motorcycle

Why Shell and BP Shares Aren't Surging Is a Mystery to me. But You Might Want to Invest in Case the Dam Bursts

Hello, Share Collectors. Recently, I suggested that big oil companies might be undervalued. Since then the case for that view has strengthened. There seems to be even more reasons to buy shares in these companies, or at least to keep holding them.

Oil-Rig

Happy meals in unhappy places

Yes you read it right, oil and gas prices are going up

TXP
TXP

Touchstone Exploration – Q2 update, remains a buy...

Trinidad and Tobago oil and gas explorer Touchstone (TXP) has made a second quarter operational and financial update, including emphasising it is confident its funding capacity together with operations are sufficient to complete a budgeted four well development program as well as drilling Royston-1, one of a number of milestones it forecasts to achieve in the second half of the year.

HE1
HE1
PREMIUM CONTENT

Drilling disaster for the massively over-hyped Helium One Global

Helium One Global (HE1) seems to be yet another in a long line of natural resources exploration companies that got way ahead of itself in terms of both shareholder and management expectations, before coming crashing back to earth when actual drilling gave it a reality check.

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CNE
CNE
PREMIUM CONTENT

Fantastic news for Cairn Energy from India and compensation could finally be received - buy

A few weeks ago I wrote a piece here about Cairn Energy (CNE) shares being too cheap, both in terms of its producing assets and also on the basis of any resolution of its long term battle with the Indian government. Quite a bit has happened since then.

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SLE
SLE
PREMIUM CONTENT

San Leon Energy deals in Nigeria could come at just the right time to take advantage of higher oil prices and an easing of OPEC restrictions

Like many oil and gas companies at the lower end of the market, San Leon Energy (SLE) has had its fair share of ups and downs over the years, but in recent times has been heading in the right direction as it builds its business producing oil in Nigeria.

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UJO
UJO

Union Jack Oil – West Newton update, clear upcoming catalysts

Union Jack Oil (UJO) has announced news on the West Newton B-1Z well, in which it has a 16.665% interest, that it is “encouraged by the indications of permeability of the lower portion of the Kirkham Abbey under test, and the initial recovery of hydrocarbons to surface”. What’s the detail of the ‘encouragement’?

POS
POS
PREMIUM CONTENT

Plexus – a true POS?

I have been taking a brief look at AIM-listed Plexus – mainly because its ticker code is POS. So is it? Er……

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DCC
DCC
PREMIUM CONTENT

White hot weather today, so how is the LPG, retail and oil company DCC thinking?

Back in May here, I observed that the Irish international sales, marketing and support services group DCC (DCC) was a buy on ‘a bad day below the current sixty quid share price’.  And so I did a few weeks ago. So following a numbers update on Friday, am I still excited?

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KOS
KOS
PREMIUM CONTENT

Kosmos Energy remains on track for strong production and revenue growth - strong buy

Kosmos Energy (KOS) has to be one of the most under-rated oil companies listed in the UK, but I think that people that overlook it in favour of some of the more popular producers are wrong to do so.

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CNE
CNE
PREMIUM CONTENT

There are plenty of reasons to like Cairn Energy at this price, as it puts pressure on India over its $1.72 billion arbitration award

Cairn Energy (CNE) is a company that I have followed for many years, almost for as long as its ongoing saga relating to compensation from the Indian government, but it is starting to look more likely that will actually finally be settled.

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AET
AET
PREMIUM CONTENT

Afentra – a buy?...

Formerly Sterling Energy and searching for years for a transformative M&A deal, this company is now Afentra (AET), emphasising “a complete transformation in recent months”. Many such-described moves are not particularly transformative but this one looks like it could indeed be…

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I3E
I3E
PREMIUM CONTENT

I3 Energy has turned things around and has plenty of potential to continue heading in the right direction

I3 Energy (I3E) has been a great example of why past failure doesn’t necessarily point to a continuation of that in the future – in the same way that past success doesn’t mean that a company or management team will manage the same again.

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LAM
LAM
PREMIUM CONTENT

Even if you like the potential of Lamprell, I can see no good reason to buy until equity financing is confirmed - avoid

Energy services provider Lamprell (LAM) saw its share price take a big hit following the release of its annual results for 2020, which included a statement about the need to raise further capital via an equity issue – the exact amount and terms of which is yet to be announced.

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GMS
GMS

Gulf Marine Services – open offer result sees shares further lower...

Previously writing on support vessels provider Gulf Marine Services (GMS), earlier this month with the shares at 3.25p I concluded hopefully my prior caution was heeded. As the attempted refinancing plays out, I currently continue to avoid. Today a “Result of Open Offer” announcement… and the shares currently further lower below 3p…

SQZ
SQZ
PREMIUM CONTENT

Buy Serica Energy

Oil has been on a bit of a charge recently and there aren’t any real signs of that strength coming to an end anytime soon, but quite a few of the producers haven’t responded as well as you would expect, in terms of share price movement.

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GMS
GMS

Gulf Marine Services – as warned here, there’s a massively discounted equity raise...

Previously writing on support vessels provider Gulf Marine Services (GMS), with the shares above 7p in March I questioned it stating “as the numbers demonstrate… in a strong position”. Today a “pleased to announce… proposed capital raising” – and the shares currently at 3.25p…

LBE
LBE
PREMIUM CONTENT

Longboat Energy is likely to be a popular oil explorer after completion of its farm in deals - speculative buy

When I covered Longboat Energy (LBE) last July there was much derision on social media and bulletin boards over my opinion that the company was well overvalued at the share price at that time, but it has just announced that it is raising funds at discount of around 40% to that level in order to complete an acquisition.

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AET
AET
PREMIUM CONTENT

With a new team in place, Afentra is a buy

When an AIM company changes its name it can often be to try and hide a dodgy past, generally where it has raised money consistently from shareholders but failed to actually deliver anything, but there are also times when it can signal a change to the business and a move in the right direction.

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Boom
PREMIUM CONTENT

No New Oil fields needed ever says the IEA! Rubbish!

The International Energy Agency was set up in 1974 to ensure the security of oil supplies, if you are old enough, like me, you might remember the Arab oil embargo, queues at petrol stations and rocketing oil prices. So, if the IEA come out and say “that no new oil and natural gas fields are needed in the net zero pathway”, then that must be true and all of us oil and gas professionals can hang up our boots and head to the scrapheap.

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PRD
PRD
PREMIUM CONTENT

Predator Oil & Gas – shares up as MOU-1 drilling excitement builds, more to come

Predator Oil & Gas (PRD) has noted a schedule which sees drilling of the MOU-1 well, northern Morocco, to commence next month and expected to take up to 20 days and that it “opens up the potential not only for further drilling on a licence covering 7,269 km² and containing multiple prospects, but also to assess additional opportunities where a proven operator can add value”.

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TXP
TXP
PREMIUM CONTENT

The recent drop in the share price of Touchstone Exploration offers a buying opportunity for those able to accept the risks

Touchstone Exploration (TXP) has fallen out of favour with investors in recent days following testing news at one of its wells which the market took badly and caused the share price to drop by more than 30%.

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PRD
PRD
PREMIUM CONTENT

Buy Predator Oil and Gas

Shares in Predator Oil & Gas (PRD) reached 15p earlier last month, but are now available at a 12.8p offer price £34 million market cap (11.3p offer price, £29 million market cap when this article first appeared). That is despite a recent positive ‘Business development update’ and upcoming potential catalysts. It was our March tip of the month, targeting 18p to sell.

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SQZ
SQZ
PREMIUM CONTENT

Serica Energy with plenty of news flow to come a STRONG BUY

The oil and gas market is quite hard to read at the moment, particularly when it comes to individual companies which are producing, as some have seen large share price rises whilst others barely seem to have moved despite the fundamentals appearing to be strong.

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88E
88E
PREMIUM CONTENT

If you want to gamble on the 88 Energy drill in Alaska, patience should get you a much better price

The recent rise in the share price of 88 Energy (88E) has been very noticeable and it has held those gains so far in spite of the company putting out a statement that it knew of no reason for the rise, other than what had already been disclosed via RNSs.

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PREMIUM CONTENT

Pharos has been one of the worst companies I've owned, but I can't ignore the oil price and have been buying more!

Pharos Energy (PHAR) has been one of the worst stocks that I’ve been invested in – not necessarily in terms of the share price performance, although that has also been awful, but more the way the company has been managed and the amount of money that I’ve seen them waste over the years.

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DRX
DRX
PREMIUM CONTENT

Drax Group– Uninvestable to me – but very important

I have commented earlier today on NextEnergy Renewables (NREN). There is no question the UK grid has been under real stress this winter when the wind does not blow and the sun has set. The answer can only be gas fired stations in my view. Drax Group (DRX) is focused on Biomass power generation, but potential influence on gas fired generation worries me.

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PREMIUM CONTENT

Bowleven: Etinde good news - a Stonking Buy, maybe

I haven’t commented on AIM-listed Cameroonian gas play Bowleven (BLVN) for some time – the last being back on 27 March last year when I asked are you brave enough to buy in the face of a big sell-off in oil and gas prices as the severity of the Covid crisis started to become apparent. The share price then was 2.17p in the middle and today’s news sees the shares up at 5.3p. I wasn’t brave enough to buy more….but my then existing holding is still there.

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ENQ
ENQ
PREMIUM CONTENT

EnQuest still has very high debt levels but could recover as oil prices rise - speculative buy

EnQuest (ENQ) is a company that I have followed for a long time and have previously been invested in myself, but over the past few years its shares have performed terribly and has never really recovered from the previous oil price slump, which bottomed out in 2016.

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KOS
KOS
PREMIUM CONTENT

Why I would buy Kosmos Energy and hold until at least 2023

You might have noticed that recently I have started covering a few companies in the oil and gas sector as being worthy of a long term investment, and in case you are wondering if I’m mad to be doing so given what is going on in the world, I believe that it is the right time in the cycle to start positioning again.

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TXP
TXP
PREMIUM CONTENT

Touchstone Exploration is up 900% since I tipped it as a buy but I am not telling you to sell

People often try to tell me that it isn’t possible to make money by actually investing in AIM oil and gas companies and that they are only worth trading, but I would have to disagree based on some of those that I’ve picked out over the years as having long term potential.

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SQZ
SQZ
PREMIUM CONTENT

Now is a great time to buy back into Serica Energy as production is due to expand

As any regular readers here will know, I’ve been a fan of Serica Energy (SQZ) for many years and during that time have watched it grow into a mid-tier oil and gas producer, and I believe that now is the time to consider investing in the company once again.

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GKP
GKP
PREMIUM CONTENT

If Gulf Keystone can achieve its planned production expansion, longer term investors will do very well indeed here

This year a lot of private investors seem to have been focussing on any stocks even loosely associated with Covid, plus those in the tech sector, and more recently mining has also seen a resurgence, gold in particular, but oil and gas has very much remained unloved and out of favour. That gives you a great opportunity and this is no fisherman’s tale…

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PREMIUM CONTENT

I don't like the Block Energy assets or management, but the latest placing could offer a trading opportunity

Block Energy (BLOE) is typical of so many AIM listed oil and gas companies, which sound great on paper but usually have spent years failing to live up to expectations whilst burning through considerable amounts of cash in the process.

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PREMIUM CONTENT

I have high hopes for Andrew Austin's new venture but wouldn't be in any rush to invest at this price level

RockRose Energy (RRE) was one of the real success stories amongst AIM listed oil companies prior to being taken over for nearly £250 million, and now its executive chairman, Andrew Austin, has made a return to AIM with a new venture which listed last week.

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UJO
UJO
PREMIUM CONTENT

No reason to sell Union Jack shares prior to completion of the West Newton side track drill...in fact

Whenever a smaller oil company is drilling a well these days you pretty much have to expect the share price to get hammered unless they announce a substantial find that exceeded market expectations, and that is exactly what hammered to Union Jack Oil (UJO) this week.

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CNA
CNA
PREMIUM CONTENT

Centrica has the potential to recover following the disposal of Direct Energy and a shift of focus back to its core business - buy

Buying shares in a large company which seems to be going through a rocky patch is always a risk, as in some cases these companies never actually manage to recover, but if you do get it right it can be very lucrative and Covid appears to have helped to create some good opportunities. Energy provider, Centrica (CNA) has performed terribly over the past six or seven years and anybody who has held it as a long term investment during that period of time will be sat on a sizeable loss. Even prior to the arrival of Covid it was already in a downwards spiral with high levels of debt and falling profitability, but the virus accelerated that and even though the markets and many energy shares have recovered to some degree in recent months, Centrica is still trading closer to the lows with a share price of 44.8p…

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Madness
PREMIUM CONTENT

Boris Johnson has wind (Part 1) –What is the issue?

I had an interesting exchange in the comments section of this website with a subscriber (BlueFrewExile) who has encouraged me to write a little more on the some of the aspects of UK power system as consequence of my comments regarding BP (BP.) moving into the renewable energy sector. The last few decades have seen very material change in generation sources and Boris developing wind has of course added further dimensions to the considerations. With this being an investment commentary site, I will focus on a few opportunities I see after meandering through some of the issues.

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JKX
JKX
PREMIUM CONTENT

Following a decent operational update, JKX shares are a buy

Currently you could easily argue that there is a longer term investment case for numerous oil and gas producers, based on the assumption that commodity prices will improve over the next few years, and could even spike in the same way that we’ve seen in the past after prolonged periods of low demand.

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PREMIUM CONTENT

Nostra Terra always talk a good game but never seem to deliver - it's hard to see it being any different this time!

If there was an award for the worst performing oil and gas share listed on AIM over the past decade there wouldn’t be a lack of contenders, but Nostra Terra (NTOG) would definitely be in the running!

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PREMIUM CONTENT

UK Oil & Gas – here’s the pointless pump, now when’s the dump?

Notwithstanding a £4.2 million placing at 0.2p back in June, UK Oil & Gas (UKOG) is now running on vapours. The question is not if it will do another bailout placing but when? And “news”, I use the term in the loosest possible sense, today suggests that Lyin’ Steve Sanderson et al are preparing to pass the hat around, yet again, very soon. There are already 10.97 billion shares in issue but brace yourself for another tsunami of worthless confetti to be arriving shortly.

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PPC
PPC
PREMIUM CONTENT

If President Energy doesn't recover, then unlike most AIM outfits, chairman Peter Levine has the most to lose!

Just because a company has traded at much higher share price levels it doesn’t mean that it will do so again, and that is particularly true of oil companies at the moment.

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LBE
LBE
PREMIUM CONTENT

I like Longboat Energy and the management but am struggling to see value at the current price

Longboat Energy (LBE) is a company that I actually like and hope does well longer term but, having seen its share price double, I’m finding it hard to see where the value is up here and would be inclined to at least bank some profit...

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I3E
I3E
PREMIUM CONTENT

i3 Energy looks likely to survive if its acquisitions go ahead, but at what cost to existing shareholders?

I had been wondering when further news would come from i3 Energy (I3E) and these week two significant RNSs dropped on the same morning, which ultimately led to shares being suspended for the foreseeable future.

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JKX
JKX
PREMIUM CONTENT

JKX looks a bargain at the current price with no debt and decent reserves

There is a lot of focus on oil companies of all sizes at the moment, with many investors speculating on their future recovery now that commodity prices have improved, but I would probably be more focussed on those which largely produce gas.

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JSE
JSE
PREMIUM CONTENT

The Jadestone Energy share price could go lower but it has the strength to ride out low oil prices - buy

Currently a lot of private investors seem to be looking around the oil and gas sector for the most bombed out stocks that they can find, in the belief that these will offer the most upside on commodity prices eventually recovering. The big problem with that though is that if commodity prices do stay fairly low for a prolonged period of time, as seems likely given expected demand levels even when things do start to recover plus the huge amount of oil sat in storage currently, then some of these companies may never actually recover...

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Block Energy has proven why you shouldn't believe the hype - especially from the company itself!

My views on Block Energy (BLOE) haven’t exactly been popular over the past year as it was a favourite with private investors, but unfortunately so far everything has played out as I feared that it would do.

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ZEN
ZEN
PREMIUM CONTENT

Zenith Energy funding deal looks very ‘spoofy’ - avoid

I’ve always gone on the basis that if something doesn’t feel quite right when it comes to non-binding deals being announced, then at the very least it is worth questioning the likelihood of completion. Of course, that isn’t always the case and some non-binding letters of intent, or memorandums of understanding, do in fact proceed as outlined, but my first thoughts when I saw today’s news from Zenith Energy (ZEN) was that it looked very ‘spoofy’...

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Oil-Rig
PREMIUM CONTENT

Oil Price – In the Words of Corporal Jones of Dads Army... Don‘t panic... but oil price could go Negative!

Tom Winnifrith highlighted my current views on the oil price in a bearcast earlier this week. As most know I can see the good in just about any investment case, it’s just that most of the time the bad is just so much more compelling. Where is the oil price going? I do not know – who does?! But after years of supply side focus, I see the risk firmly on the demand side. Could oil price go negative? – yep for some grades, and perhaps all,  I can see why that is not an outrageous statement.

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RRE
RRE
PREMIUM CONTENT

I would be happy to buy RockRose for the long term at the current price, but wouldn't be surprised to see it go lower

I wouldn’t be rushing to buy shares in any companies at the moment, and probably even less so in anything natural resources related, unless you are prepared to take a fair amount of risk and have a very long-term time frame. The safest option is to just sit on cash and wait for not only the markets, but also the world economy, to turn around whenever we do finally see the back of this virus. You won’t get to buy in at the bottom if you wait for the trend to change, but you shouldn’t also suddenly find that the shares you bought are now another 50% lower! However...

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Bear
PREMIUM CONTENT

Sitting on my hands, as you should too….with a few exceptions.

It has been a truly wild period on the stock market and I fear it is going to get worse before it gets better. The coronavirus has ripped through everything and it is panic stations on the markets – as well as in the supermarkets. Some of it is logical: I’m not sure I would want to own shares in an airline right now, nor a restaurant business, and I would not be surprised to see some casualties in the fullness of time if the coronavirus plays out as seems to be expected.

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PREMIUM CONTENT

Bowleven – another AIM Oil/Gas play crunched by the market sell-off: is it a buy?

I am still sitting on my shares in AIM-listed Bowleven (BLVN) which I picked up during the corporate handbags as the old management was given the boot. For a short while I looked very clever indeed as the shares headed north, allowing me to top-slice and last year a special dividend of 15p per share added to my returns. But things haven’t quite worked out as I had hoped….

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A persistent seller of illiquid Pharos Energy shares is providing a buying opportunity at a knock-down price

Looking at the chart for Pharos Energy (PHAR) I wouldn’t blame you for coming to the conclusion that it is best avoided as it has been on a steady downwards trajectory for several years and with little sign of any relief.

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SSE
SSE

A Giant Utility Ditching Retail Activity and Gas could Power into a Sparky Future

Hello Share Chasers. Once the Tories surged back into power, you might have expected companies previously threatened by nationalisation to enjoy a big jump in their share prices. Well, there was some improvement, but not exactly a big jump in most cases. So it’s possible that the utilities, for example, could see some more jolly share action before long...

PREMIUM CONTENT

With Shell as a partner and funding for two drills, Cluff Natural Resources is a speculative buy

Making a profit on small oil and gas exploration and appraisal companies largely comes down to timing your buys and sells correctly, rather than just holding onto your shares through the ups and downs. With many of these companies the actual risk of holding for a drill often isn’t worth it, especially with exploration plays, but good money can still be made in the lead up to drilling activity, and by leaving some profit to run in the case of some of the safer appraisals. Buying when there is a general lack of interest and no immediate operational activity, and then being patient, is often the best way to get in at a good price – even if not necessarily the lowest price, as that generally comes down to a large slice of luck...

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One of the World's Top Funds Warns About Investing in Carbon Fuels. But Should We Take Notice?

Hello, Share Pickers. As a shareholder in Black Rock’s Greater European Fund (BRGE), I take account of what the company’s supremo has to say about the future. And the interestingly-named Larry Fink says climate change worries will cause a "fundamental re-shaping of finance”. And that it’ll come a lot sooner than expected.

JKX
JKX

Oil from Russia and Ukraine may be Politically Sensitive, but this Oiler Still Seems Promising

Hello Share Peekers. I’ve always regretted my very long-term holding in JKX Oil & Gas (JKX), the middle range producer. That’s because the share value has eroded sharply over the years. However, things now seem to be picking up...

AEX
AEX
PREMIUM CONTENT

Aminex has potential - but I would only invest once the PSA is resolved and farm out is completed

A ShareProphets reader has requested that I take a look at Aminex (AEX), which is a bit of a blast from the past, as I can remember a time, quite a few years back, when this Tanzanian focussed company was popular with private investors and was going to be the next big thing in oil and gas.

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PREMIUM CONTENT

A nudge on Royal Dutch Shell for the 2020s

Excellent news about Malcom's 'big relief' yesterday  but I have a different interpretation about a company he mused about earlier in the week: Royal Dutch Shell (RDSB).  

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NG
NG

Electricity Giant Could Still be a Reliable Divi Play in Shockingly Difficult Times

Hello Share Takers. With the market so unpredictable in these pre-election days, perhaps I should take a look at an old favourite even if I have reviewed it fairly recently. My view: that I should not dump this share any time soon, despite a slight threat of nationalisation, has not weakened...

SOU
SOU
PREMIUM CONTENT

Terrible deal for Sound Energy - it remains a bargepole stock

It has been fascinating watching Sound Energy (SOU) play out over the past few years, but probably less so if you’ve actually been invested in it!

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JKX
JKX
PREMIUM CONTENT

JKX has the potential to generate substantial amounts of cash flow if gas prices improve: BUY

I always find it surprising that private investors are prepared to take big risks on the drilling of oil and gas wells, yet they won’t touch certain shares due to geo political risks.

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PREMIUM CONTENT

Block Energy has deceived investors and its shares remain a slam dunk sell

My views on Block Energy (BLOE) in recent months haven’t exactly been popular amongst shareholders, but unfortunately much of what I feared in relation its operations is now playing out and I feel that investors have been deceived by the company. I have been utterly vindicated. It will get worse for thise who ignore my latest warning.

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ENQ
ENQ
PREMIUM CONTENT

EnQuest is showing long term recovery potential - speculative buy

There seem to be a number of mid-sized oil producers which have fallen out of favour with investors for quite some time now, and I’d definitely have to include North Sea-focussed EnQuest (ENQ) high up on that list...

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JSE
JSE
PREMIUM CONTENT

I'm finding it hard to find any reason not to invest in Jadestone Energy!

It is hard to see why the share price of Jadestone Energy (JSE) has dropped recently as there seems to be little reason for it to have done so, and on that basis it definitely deserves closer attention...

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PPC
PPC
PREMIUM CONTENT

President Energy can weather the ongoing wider economic problems in Argentina – speculative buy

President Energy (PPC) has taken a hit recently based on the fact that the bulk of its current oil and gas production comes from Argentina – but longer term that could present a buying opportunity...

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PMG
PMG
PREMIUM CONTENT

Despite the related party transactions Parkmead Group is a BUY

I’ve always been a fan of Parkmead Group (PMG), but after the last couple of RNSs there have been for this company, I can’t help wondering if my faith in it to succeed may have been misplaced.

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BP
BP
PREMIUM CONTENT

BP – Q2 2019 results, an Income buy?

BP (BP.) has announced 2019 second quarter results, emphasising “continuing to deliver strong performance and strategic progress”

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PREMIUM CONTENT

Block Energy looks even more overvalued now following todays update

Questions have to be asked when a company produces a headline rate from a well test; the CEO goes on an interview road trips talking about how much free cash flow will be generated; £12 million is raised via an equity issue – and then subsequently initial production rates are just a third of what investors were expecting!

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RRE
RRE
PREMIUM CONTENT

My RockRose tip is up nearly 450% but I wouldn't be rushing to cash in just yet

RockRose Energy (RRE) has been one of the real success stories amongst smaller oil and gas producing companies in recent times and has grown its business at an incredible rate via a number of acquisitions. It has come an awful long way since I first covered it as a buy here back in April 2018 at around the 350p level, and today it relisted following a deal which constituted a reverse takeover of the Marathon UK and Marathon West of Shetland assets for $140 million. Currently it is trading at around the 1,900p level with a market cap of circa £240 million, representing a profit of nearly 450% for anyone who followed my original buy recommendation...

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HDY
HDY
PREMIUM CONTENT

Im not a fan of shares in cash shells, but Hardy Oil could offer future speculative value

Hardy Oil and Gas (HDY) has been getting a bit of attention recently with news of a deal to sell all of its assets, which was then followed by a higher priced bid from another party.

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PREMIUM CONTENT

Block Energy needs to prove the longevity of its operations by increasing reserves - currently it looks expensive

There is often an argument for letting your winners continue to run, but in the case of many natural resource stocks listed on AIM you are often better off taking a healthy profit whilst it is on offer.

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SDX
SDX

SDX Energy– Morocco is about Exploration drills - thanks for the confirmation!

I reviewed SDX Energy (SDX) Morocco and Egypt operations last Friday. I was not expecting the company to respond so quickly with updated information, but I’m sure it’s just a coincidence.

JSE
JSE

As the Oil Price Spouts, Take a Peek at this Expert Operator in Australia and Vietnam

Hello Share Twiddlers. While I still have my biggest investment in giant oilers, I've got a sneaking suspicion that I ought to put more cash into a few tiddlers. This is not an easy thing for me to say, as my past small oil plays have nearly always ended in tears including a few dallies with the Falkland Islands...

SOU
SOU
PREMIUM CONTENT

I remain to be convinced that any asset sale will justify the valuation of Sound Energy

A couple of weeks ago I covered Sound Energy (SOU) and its recent disappointing drill results which appeared to cement its fall from grace as a favourite amongst private investors. At the time the share price was around 8.7p and I mentioned the fact that some of the placees from the recent equity fundraising of $2.7 million net at 10p would likely be looking to try and create a spike to sell into. Since then I have seen all sorts of rumours on social media, including one that a single shareholder took £3 million of placing shares – which is more than were actually issued!

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SDX
SDX
PREMIUM CONTENT

SDX Energy– Is Egypt going to save the company?

Earlier, I reviewed  the SDX Energy (SDX) Morocco gas operation and concluded it’s got some serious issues. But what about Egypt and that oil production? And that great future in South Disouq? Well I’m not sure it get much better in Egypt. This is a SELL and run for the hills and don’t look back in my book.

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SDX
SDX
PREMIUM CONTENT

SDX Energy– Morocco high margin gas – Is it more hot air than gas?

Until recently SDX Energy (SDX) looked in great shape with Egypt oil and Morocco high margin gas following the Circle Oil deal and South Disouq gas production due on stream. Then seemingly out of the blue, on 17th May, we were told that the CEO is taking a long walk from a short plank, production forecasts were cut and projects delayed. What happened? I think I can see the answer, and why it could be a while before things change.

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TOM
TOM
PREMIUM CONTENT

Utah shales have been the death of many companies and I don't see TomCo being an exception

TomCo Energy (TOM) seems to have become very popular all of a sudden with the share price almost doubling in the last few days.

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ECO
ECO
PREMIUM CONTENT

Explorers don't get any more exciting than Eco Atlantic - which is why I have been buying

Private investors seem to love the boom or bust scenario that applies to many of the exploration drills for oil and gas, but is it really worth taking the risk on these types of plays?

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PREMIUM CONTENT

UK Oil & Gas Expose part 2 - the Planning situation at Horse Hill: what that says about its viability

When’s an oil field potentially not an oil field? Simple in my view – ask UK Oil & Gas (UKOG) to become the operator and see what else you can do with the “asset”! I reviewed in Part 1 my views on the current extended well testing and what I concluded that meant to the investment case, but now I turn to some of the issues I found on review of the planning application seeking consent for continuous production.

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SOU
SOU
PREMIUM CONTENT

If it Sounds too good to be true, it usually is! Sound Energy Post Mortem

Sound Energy (SOU) has proved to be a great example of why private investors shouldn’t get too far ahead of themselves and start ordering a new Ferrari, based purely on early results in any company drilling for oil and gas.

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UJO
UJO

Why haven't the share prices of the companies involved in West Newton, Union Jack and Reabold, rocketed?

As is so often the case with oil and gas drills amongst the smaller companies, private investors built expectations around West Newton up to such a level that the actual results were never likely to live up to that.

PREMIUM CONTENT

Prospex announces a maiden profit, but how much cash was actually generated? Red Flag Alert!

When is a net profit not really a profit? When it is being announced by Prospex Oil and Gas (PXOG) would appear to be one answer to that question!

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PREMIUM CONTENT

Genel Energy has great growth potential

As long as you are prepared to accept a degree of geo-political risk, then I find it very hard not to like Genel Energy (GENL) at the current share price.

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I3E
I3E
PREMIUM CONTENT

I believe that I3 Energy has potential, so I've bought some myself

Smaller North Sea oil and gas companies seem to be out of favour, as investors go chasing big profits in riskier, less proven parts of the world, but more often than not the outcome tends to be heavy losses on these types of outfits.

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PREMIUM CONTENT

Why Coro Energy was my Dragon's Den pick

Coro Energy (CORO) was my pick this year during the Dragon’s Den session I was involved in at the UK Investor Show, and I also hold a small position here myself from around the current share price. Like many smaller companies in the oil and gas sector, it is an investment that I class as being speculative, hence not risking huge amounts of money in it at this stage – but there is also a lot of potential upside...

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HNR
HNR
PREMIUM CONTENT

Highlands Natural Resources moves into the CBD market

I’m sure some investors must have wondered what the directors of AIM listed oil and gas outfit Highlands Natural Resources (HNR) had been smoking when they announced yesterday that they were diversifying into cannabis!

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PREMIUM CONTENT

Buying shares in Canadian Overseas is likely to cost you - a placing is imminent

If there were any prizes for being the worst performing company at the lower end of the market, then Canadian Overseas Petroleum (COPL) would definitely be up there as one of the contenders.

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ECO
ECO
PREMIUM CONTENT

Is it worth taking a gamble on Eco Atlantic's Guyana drill?

Lots of private investors talk about ‘investing’ in oil and gas exploration plays, but in most cases I would argue that ‘gambling’ is a far more suitable description and has a similar outcome, with the majority ending up losing money.

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SDX
SDX
PREMIUM CONTENT

SDX Energy should perform well in 2019 and beyond - buy

SDX Energy (SDX) seems to be one of those AIM natural resources companies that has largely been forgotten about by private investors, but it has an awful lot going on over the coming 12 months, and beyond, and if even some of what it has scheduled goes to plan, then I would expect the shares to trade a lot higher...

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PREMIUM CONTENT

InfraStrata's Islandmagee gas project has plenty of potential - speculative buy

Whilst InfraStrata (INFA) is considered to operate in the oil and gas sector it is very different to most other companies, as rather than looking to extract hydrocarbons, it is intent on putting them back into the ground.

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JOG
JOG
PREMIUM CONTENT

Time to buy Jersey Oil and Gas ahead of the Verbier appraisal

For junior resource companies which aren’t actually producing anything yet, larger movements in the share price are usually dictated by newsflow relating to the operational side of things, rather than by fluctuations in commodity prices. Jersey Oil and Gas (JOG) has gone through a period where not a lot has been happening drilling-wise, and as a result it has seen its share price bouncing around within a fairly tight range for this sort of stock...

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PREMIUM CONTENT

Too many unknowns to make Anglo African Oil and Gas an investment currently

Anglo African Oil and Gas (AAOG) has been hugely popular with private investors over the past few months and has seen big fluctuations in its share price as various pieces of news landed during its recent drill – including a placing to raise more money which Tom Winnifrith exclusively revealed here before it took place.

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BP
BP

Is the Renewable Energy Brigade Set to Knock Oil Giants Off their Profitable Perches?

Hello Share Riddlers. Many of us still invest in oil giants. This is often because of the juicy dividends they pay, while staying fairly secure as reliable cash earners. I think most of us expect that Brent crude will keep rising in value. Yes, there was a nasty fall a few months ago, but the price is making what appears to be a sustained rally now. It’s the oil price which has brought the main oilers fatter profits lately.

SQZ
SQZ

Take a Look at this Glistening Oil King Which is Growing Fast

Hello, Share Grabbers. Well, the New Year has bumped off to a decent start after a disastrous end to 2018. All the fears about a no-deal Brexit seem to have been priced in now. And some better news about the affair should send shares upwards fast. But, of course, some companies will continue to do better than others...

PREMIUM CONTENT

Fortuna bad news could present a speculative buying opportunity in Ophir - but be careful as you're gambling on a Medco offer still being made

Over the years I’ve been a fan of Ophir Energy (OPHR), but it is one that I have got completely wrong and during that time it has done nothing other than to disappoint investors, whilst its value has steadily been eroded.

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TXP
TXP
PREMIUM CONTENT

Touchstone has production and exploration upside, although funding could prove to be an issue - speculative buy

These days I tend to avoid oil companies at the bottom end of the AIM market as usually the risks aren’t worth the rewards, and the majority of them do nothing but fleece investors over a number of years without ever achieving anything of note.

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SOU
SOU
PREMIUM CONTENT

Sound Energy will offer a good buying opportunity if TE-10 is a failure

Sound energy (SOU) is a company that I’ve been negative on in the past, and justifiably so considering its recent fall from grace as one of the most popular shares amongst private investors.

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PMO
PMO
PREMIUM CONTENT

When oil bounces, Premier could easily see a quick 50% rise

Premier Oil (PMO) has always been highly geared towards movements in the oil price, so it is hardly surprising that its share price has been dropping recently.

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NG
NG

A Reliable and Yummy Dividend Offsets Moribund Share Price Action at the Big Grid

Hello Share Squishers. There are some shares which you think you can leave to their own devices. And when you have as many firms as I have in a bulging portfolio, it’s nice to have a few shares which require low maintenance.

PREMIUM CONTENT

Barryroe could still come good for Lansdowne Oil - speculative buy

The markets are starting to show signs of weakness and although we are yet to see any major downwards correction, it is starting to look more likely that we will get one.

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SIA
SIA
PREMIUM CONTENT

I find it hard to understand why SOCO International is so cheap - buy

Sometimes it is hard to fathom why a company with strong fundamentals continues to be unloved by the market, and for me that is very much the case with SOCO International (SIA) at the moment, and has been for some time now. Lately the share price has slipped and is now trading at around the 88p level, and whilst it has bounced around 10% from the recent low of 80p that we saw, it still seems incredibly cheap at a market cap of just over £300 million, especially when you consider the current strength in oil prices.

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PREMIUM CONTENT

Rose Petroleum - a Buy

Half-year results from Rose Petroleum (ROSE) saw it concluding “the board is looking ahead with confidence and is excited about the group moving from being an oil explorer to an oil producer in the next quarter”. The shares responded higher, but at still little more than a £5 million market cap we see much more excitement to come…

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PREMIUM CONTENT

Tlou Energy has the ingredients in place to be successful - speculative long-term buy

In Africa things always tend to take far longer than people expect, and even more so when it comes to anything in the natural resources sector. Interest in, and the share price of, Tlou Energy (TLOU) seems to have waned and I think that has largely been as a result of some having far too optimistic timescales with regards to the company’s coal bed methane project at Lesedi, in Botswana.

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RRE
RRE
PREMIUM CONTENT

Rockrose continues to impress with its rapid expansion - buy

With oil prices remaining buoyant and this trend looking likely to continue going forwards, there are still plenty of opportunities to invest in companies in this sector.

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ADL
ADL
PREMIUM CONTENT

I have to wonder how Andalas intends to fund any actual work at its new licences

Andalas Energy (ADL) has undergone a change of management and has also switched its asset focus in an attempt to turn things around from the disaster it has been ever since it changed its name from CEB Resources back in late 2015.

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HUR
HUR
PREMIUM CONTENT

Why I think Hurricane Energy really is worth nearly £1 billion and maintain a conviction buy

Regular readers of ShareProphets will know that I am usually very wary of any natural resources company that isn’t actually producing anything, especially if they are valued in the hundreds of millions.

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PREMIUM CONTENT

No surprise to see the deadline for Nu-Oil's farm-in expire!

The only real surprise with the RNS that was issued by Nu-Oil (NUOG) this morning was that investors were actually surprised that there had been further delays to the farm-out process and completion of the work at its well in Newfoundland!

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JKX
JKX
PREMIUM CONTENT

Even allowing for the tax dispute risks, JKX looks good value - speculative buy

Often at the lower end of the oil and gas sector private investors get fixated with taking gambles on drills with large prospective resources and dream of untold riches if the company gets lucky with the drill bit, but the reality is that in the majority of cases this will result in a duster and substantial losses.

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RRL
RRL
PREMIUM CONTENT

It's hard to see Range Resources making any sort of meaningful profit any time soon

Over the years the one area of growth where Range Resources (RRL) has really excelled has been the number of shares in issue, with 8.5 billion of them now trading following the latest placing. The oil and gas company, which has interests in Trinidad and Indonesia, announced last week that it has completed yet another placing, and this time it raised £1 million at a share price of 0.11p.

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Non-Glamorous Companies Often See Their Shares Glitter - and This Is One of Them

Hello Share Shiners. The Yorkshire saying 'Where's there's muck, there's brass' can be usefully modified in Shareland. We can change it to 'Where there's a boring product, there's brass'. So often, the best performers in my bag are as humdrum as a wet Monday afternoon.

PREMIUM CONTENT

Block Energy has interesting assets and is funded - speculative buy

These days it often seems to be the case that if you are interested in a new IPO, it is better to wait until that company has listed and the dust has settled, as often you will get a chance to buy in cheaper than those taking part in the initial fundraise. Block Energy (BLOE) looks to be one such outfit and the timing of its listing looks good, with the oil sector showing strength, plus there is plenty of potential from gas as well.

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PREMIUM CONTENT

Speculative buy for Chariot Oil and Gas before the crowds arrive

Oil exploration is very different to the boom we had back in 2010 in terms of the share price movements that we see for companies that are engaged in drilling.

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RPT
RPT
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Regal Petroleum continues to perform strongly operationally - buy

Regal Petroleum (RPT) has seen a huge increase in its share price during the past year, and I know that always makes some investors wary, but a lot has changed during that time, both for the company itself and the area in which it operates.

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NG
NG

Why The Boring Old Grid May Spark into Life

Hello Share Takers. There are many contenders for the most boring company in the Footsie, so far as share action is concerned. Among the winners must be the National Grid (NG.).

Echo Energy accelerates its operations in Argentina

Often when a smaller AIM company operating in the natural resources sector announces a placing it ends up being bad news for those currently invested, but there are also cases where the money is being sought in order to accelerate operations. Of course, the company still ultimately needs to deliver and for the work that the money is being raised for to be successful, but I would certainly rather see this than a company that is sitting around doing nothing and burning through cash whilst its directors pocket a nice salary.

RRE
RRE

RockRose Energy makes yet another acquisition and shows that it means business

I’m surprised by the seeming lack of interest amongst private investors when it comes to RockRose Energy (RRE), as even amongst those who focus on oil and gas stocks, this isn’t a company which you see being mentioned on social media and the bulletin boards.

VOG
VOG

Victoria Oil and Gas – how to deliver bad news: well done!

I previously covered AIM-listed Victoria Oil and  Gas (VOG) with reference to an after-hours warning issued after market close, but during the auction. It looked terrible, but there were mitigating factors which looked to have combined in an unfortunate fashion. This morning Victoria has issued a Q1 trading update. It is not pretty, but I have to take my hat off to the company this morning, for it gives full numbers and investors can make a rational decision.

SQZ
SQZ

Time to think about banking a 1,100% profit on Serica Energy

Serica Energy (SQZ) has been one of my best performing share tips ever, but following recent developments now would seem to be a good time to bank some profit, if you haven’t already done so.

Cluff Natural Resources looks interesting as attention returns to the North Sea

Some positive sentiment finally seems to be returning to UK offshore oil and gas companies, and Cluff Natural Resources (CLNR) could be in a position to benefit from that. Things have been pretty dire for the North Sea focused company, and although its assets revolve around gas, which has performed badly in comparison to oil of late, any renewed interest in the area should be of benefit.

AST
AST

Ascent looks like it is about to begin another descent!

Ascent Resources (AST) has hardly exactly lived up to its name in recent times, as it has been on a steady downwards trajectory for some time now. There's now been an RNS advising of a strategic review and a formal sale process for the company being initiated. Given its situation, I certainly wasn’t expecting the market to take the news particularly well - but the share price rocketed and even as I write this, it is currently 1.1p to buy - up more than 22% on the prior close.

JOG
JOG

Jersey Oil and Gas is worth a look before it drills Verbier this summer

Jersey Oil and Gas (JOG) hasn’t had much luck in the past, having managed to get a decent sized field into production it was subsequently hammered by the collapse in the oil price.

Malcolm

Most Shares Fall with the Thermometer, So Buy Stocks that Rise as the Snow Falls

Hello Share Shiverers. At the risk of over-simplifying matters, it’s time to winkle out companies who’ll benefit from the icy weather. Some of the choices are obvious, but that’s no reason not to remind you of a few opportunities. And you’ll be surprised how very temporary events - like the current cold snap - can influence share prices. Though the effect is usually confined to a week at the most.

Yet another pump and dump playing out on Nu-Oil and Gas

Nu-Oil and Gas (NUOG) seems to be one of those AIM shares which periodically finds favour with private investors, despite never actually having achieved anything of note other than burning through investors cash over the years.

SIA
SIA

Confirmation of a merger deal would be great news for SOCO International

When SOCO International (SIA) announced a possible merger the market seemed to take the news well, but ever since then the share price has been on the slide and it looks like this could be a good buying opportunity.

PMG
PMG

Increased stake in GPA is good news for Parkmead Group: Long Term Buy

I can understand why longer term investors in Parkmead Group (PMG) may be somewhat unimpressed with the performance of the share price recently, but the company itself is continuing to make good progress. I hold shares in the company myself, and whilst the share price has generally been trading in the mid-30p to low-40p range, in spite of the strength that the oil price has been showing in recent months, I’m happy to remain invested and see how things unfold in the coming months and years.

SDX
SDX

Why have i been buying more shares in SDX Energy?

It can be difficult just buying and holding a share at times, especially when nothing is really happening with the share price and many of its peers are seeing large rises.

Savannah Petroleum acquisition looks good value - buy

Whenever a relatively small oil and gas company manages to raise a substantial amount of money it gets my attention, especially when you consider what the market has been like for this sector in recent times.

Oil-Rig

Andrew Monk says where oil is heading and lists the 5 oil juniors to buy for 2018

Andrew Monk of VSA is (belatedly) starting his 2018 this week with a seroes of sector reviews. In this one he looks at where oil is heading, at the majors and then concludes with the five oil juniors to buy. Over to the Monkey...

SQZ
SQZ

Deal with BP is exactly what Serica investors had been hoping for - BUY

Given that I have closely followed the Serica Energy (SQZ) story here closely over the last few years, and in light of the news this week, I felt that I should give my current thoughts on it.

SDX
SDX

SDX Energy offers good upside potential with plenty of news flow - buy

Whilst many private investors go chasing rainbows and hoping for one of their oil and gas exploration plays to hit black gold, there are actually a number of AIM listed outfits which are already producing, yet don’t seem to be as popular as they are unlikely to generate large share price rises overnight.

SIA
SIA

SOCO International share price decline could be close to a reversal

As an investor who has always been a big fan of oil and gas plays in general it is difficult not to focus on that particular sector at the moment, given the recovery that we have been seeing there. Some people may argue that the move has already happened and that oil prices might not go much above the $64 level that we have hit this week, and could well finish the year a fair bit lower – certainly somewhere in the high 50s wouldn’t surprise me, although a lot will revolve around the outcome of the OPEC meeting at the end of the month. Whilst that may be the case with the commodity itself, when it comes to equities many have lagged this commodity correction, and given the share price action of some of them, you could be forgiven for thinking that oil was still down in the doldrums and completely unloved.

Fortuna approval would mark a turning point for Ophir

Several of the once really popular oil and gas companies seem to have almost have been forgotten by investors, as progress has been far slower than had originally been expected and people have gone off seeking riches elsewhere.

PMG
PMG

Parkmead Group looks very cheap - buy

Often the valuation of resource companies on the AIM market seems to revolve more around how popular they are amongst private investors, than having much to do with the progress that they have made, and how well they are likely to do in the future.

Deep well success should drive Caspian Sunrise even higher

I’m always wary of companies that have seen a large hike in share price, especially smaller ones in the natural resources sector, but in some cases the rise would appear to be justified by recent news.

Newsboy

Curzon Energy is about to IPO on the main market

Any new IPO in the natural resources sector tends to grab my attention, and whilst there are plenty of them where I wouldn’t even consider investing my money, occasionally one comes along which looks to have a bit more potential. That would appear to be the case with Curzon Energy (CZN).

SQZ
SQZ

Serica Energy is on the verge of restarting production - worth a nibble?

When it comes to the AIM resources sector, any sort of delay or news which is perceived to be negative can have a negative effect on the share price which is far from justified. Of course there is a lot of junk on the market and when bad news comes and it inevitably crashes, it is of no real surprise, but there are other companies where a temporary hit to the share price can present a great buying opportunity.

Canadian Overseas could be worth the gamble - but only if financing is secured

Canadian Overseas Petroleum (COPL) is a company that I have followed for a while now and recently I have noticed it getting a fair bit of attention again – certainly as much as we’ve seen since the failed drill in Liberia back in late 2016.

ENQ
ENQ

EnQuest could be even cheaper after its interims - following problems at Kraken

Delays to the Kraken field reaching full production levels could prove costly for EnQuest (ENQ), as it will leave a large gap in expected revenues up until that point.

Liquid natural gas could still be very profitable for Ophir Energy in the future

Ophir Energy (OPHR) has made far slower progress than many could have imagined a few years back, but the oil and gas fields which attracted many in the first place are still there, and the chances of them being developed still look very good.

Genel Energy remains a long term hold for me

Genel Energy (GENL) has been one of a number of mid-tier oil and gas companies which really took a hit during the slump in oil prices over the past few years, and had seen its share price decimated as a result.

Goodwin – full-year results, sufficient value to compensate for “continued tightening”?

With I having questioned in March 2:15pm ‘Interim Management Statement’ a cause for alarm?, mechanical and refractory engineering company Goodwin (GDWN) has now announced results for its year ended 30th April 2017…

PMG
PMG

Parkmead Group has the potential to succeed in the long term

Usually it takes far longer for companies to move forwards operationally than the majority of investors expect, and it is at times when most people have become bored and moved on elsewhere, that opportunities can present themselves.

I'm getting a feeling of deja vu with Nu-Oil and Newfoundland

Nu-Oil and Gas (NUOG) is all the rage at the moment amongst PIs, but I’m finding it hard to get quite so excited about its prospects and am getting a feeling of déjà vu when I look back at some of the old Enegi Oil announcements.

Saffron Energy - The City's No 1 oil analyst Zac Phillips sticks his knife in and he has a point

I tipped shares in Saffron Energy (SRON) but urged folks to take profits some months ago. The shares were then 8p+ having listed at 5p. In recent weeks the shares have slithered back towards that 5p and I have been urged by folks to re-tip. I resisted that urge. Something was wrong. Now we all know what some folks have clearly known for a while, what the problem is.

Mosman Oil & Gas over-reacts to very average news at best!

Private investors often seem to have very short memories, and although many have previously been badly burned by putting money into Mosman Oil and Gas (MSMN), some were flocking back into the company again today, sending its share price rocketing.

OEX
OEX

Some might think Oilex looks cheap - it isn't!

Oilex (OEX) took a big hit to its share price this week following news of an unsuccessful workover at two of its oil wells, and it is hard to see how the company is going to turn things around.

PFC
PFC

Petrofac can still recover after recent bad news

Petrofac (PFC) has seen its share price get absolutely hammered in recent weeks, and although some will probably think I am mad, I can see a buying opportunity here at these levels.

VED
VED

Time to buy Vedanta before the release of results in the UK

Vedanta Resources (VED) was one of my best performing shares during 2016, and after a significant pullback in the share price in recent months it is well worth considering buying back in at current levels.

Why the sudden interest in Infinity Energy?

There suddenly seems to be a lot of excitement all over twitter and the bulletin boards about a tiny AIM shell called Infinity Energy SA (INFT) – but of course that wouldn’t have anything at all to do with the recent placing and placees looking to offload for a quick profit!

SOU
SOU

My view on Sound Energy's market valuation remain unchanged

I’ve been bearish on the valuation of Sound Energy (SOU) for a while now, and nothing in the updates this week on Tendrara or its final results have changed that opinion. Don’t get me wrong, I can certainly see potential in this company, and it has done well to turn things around and get to where it is currently, but I still think that it is crazy that it is trading at a market cap of well over £500 million at this point in time.

Solo's Star Rises with Latest Helium Investment

There was exciting news out yesterday from Solo Oil (SOLO) with its venture into the specialty gas market, it is taking up to a 20% stake in Tanzania focused Helium One Limited .

Is it worth giving Chariot another chance?

Chariot Oil and Gas (CHAR) has begun to get my attention again recently as it has plenty going on operationally during the next year or so, and could well become a popular share to be in once again.

TLOU Energy has the potential to succeed

TLOU Energy (TLOU) was once one of those AIM companies that was hugely popular with PIs and was attracting a lot of attention and hype. Now that has now subsided, I can see real potential with this company going forward given the track record of those who are running it.

Goodwin – 2:15pm ‘Interim Management Statement’ a cause for alarm?

Previously writing on engineering company Goodwin (GDWN) in September with the shares at 1980p, I concluded that the energy industry environment saw me cautious and avoiding the shares. They were little changed on the prior 1895p close before an “Interim Management Statement” announcement at 2:15pm. A cause for alarm?...

PMO
PMO

It's time to consider Premier Oil as a longer term recovery play

Premier Oil (PMO) is a company that I have been bearish on so far in 2017, but it has now reached a level where I would consider changing my stance to a buy, or at the very least one to watch closely for when the recent trend changes direction and it starts to bounce.

Would a Company which Helps Other Firms to Cut the Gas Bill Inspire You?

Hello Share Spikers. I do like a firm with a novel idea which seems to have potential. It makes share-shifting a lot more exciting when we can find a company which offers a different kind of service which seems to work. I refer you today to Inspired Energy (INSE).

NBI
NBI

Northbridge Industrial Services – another trading update it’s “pleased to issue”, yet sees the shares slide

Northbridge Industrial Services (NBI) is “pleased to issue” a trading update for the 2016 calendar year, yet the shares have responded more than 8% lower to 123.5p. Hmmm...

PMO
PMO

Market gives a muted response to Premier Oil refinancing deal

The market doesn’t like uncertainty, and that is why Premier Oil (PMO) has been continuing to under-perform in comparison to some of its peers in the oil and gas producing sector in terms of the share price.

Profits Down, But Prospects Up as Rising Oil Price Should Benefit Shell

Hello Share Pagers. The results of Royal Dutch Shell (RDSA) were not too clever. Profits down by another 37% on last time. But remember how lousy the price of Brent Crude is at the moment.

POS
POS

Plexus – DISGRACE: following big share slides in advance, you’ll never guess what “Trading Update” is like (you will)…

With its shares down more than 11% on Tuesday and further more than 12% on Wednesday morning, cue a 1:48pm “Trading Update” announcement from Plexus Holdings (POS). And you’ll never guess what (you will)…

Cluff is a good speculative oil and gas exploration play

The last couple of years have been a torrid time for those holding shares in small oil and gas exploration companies in general, with very few exceptions.

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