Articles On Australis Oil & Gas (ASX:ATS)

Australis Oil and Gas (ATS) sees another cash-flow positive quarter for 2022, ending Q3 with a cash balance of US$8.3 million (A$12.9 million)EBITDA jumped 80 per cent from the previous quarter to US$1.8 million, while revenue increased by...

Australis Oil and Gas (ATS) achieves a 32 per cent increase in revenue to US$14.36 million (A$20.9 million) for the first half of CY2022 Despite inflationary pressures causing increased spending, the company reported a 168 per cent net pro...

Australis Oil & Gas (ATS) sees “another robust” quarter on the back of strong oil prices Revenue of US$7.3 million (A$10.45 million) for the second quarter increased four per cent compared to the first quarter Sale volumes for the seco...

The Russia-Ukraine conflict pushed oil prices beyond the US$100/b mark this month, and while they’ve settled somewhat, prices could be set to skyrocket. Added to this, OPEC is sticking to its guns with the consortium ignoring calls to ramp...

Australis Oil and Gas (ATS) continues to take a conservative approach to estimates in its 2021 reserve and resource update Given its current strategy to introduce a partner for the purposes of advancing the development of its TMS asset, Au...

ASX Capital Raise Roundup is a fortnightly look at ASX capital raisings. October has historically proved to be one of the market’s most challenging months and this first week did not disappoint. Worries about inflation, valuations, China te...

Highlights Oil prices surged on Monday following the OPEC’s decision for gradual output hike. The prices of crude oil immediately rose by 3% per barrel or US$2.32 to US$78.17 on the New York Mercantile Exchange. Some ASX energy stocks...

The most notable directors trade over $100,000 in the last fortnight was a $4 million trade by Yaniv Meydan from Openpay (ASX:OPY). Meydan, who is based in Israel and whose family vehicle is one of Openpay’s largest shareholders, chipped in...

Summary After Wednesday’s fall, Australian shares are set to open flat today. The cryptocurrencies plunged to mark their worst fall this year after China’s crackdown. Oil prices dropped considerably on Wednesday amid concerns over ris...

Companies which insured against a run on oil have been very pleased with themselves over the last month, as prices around the world have collapsed. That’s because they organised a hedge before global oil prices began freefalling from Februa...

You ‘can’t give it away’ – US oil prices go negative The headlines paint a nasty picture for oil prices right now. The problem is that storage options are running out. As the world has stopped, the oil producers haven’t. They have made some...

On Monday the US oil price dropped to its lowest point in 21 years, and at least one ASX-listed company is looking at shutting its American oil fields as a result of the ongoing low prices. Eon NRG (ASX:E2E) chief financial officer Simon Ad...

Just what impact will China’s agreement to increase the value of its energy imports from the US by $US52.4 billion ($76.2 billion) under their phase trade deal have on the oil market? Not very much if global consultancy Wood Mackenzie is to...

In this week’s recap of substantial holder movements four substantial holders bought shares in Zenith Energy (ASX:ZEN), a Shanghai investor bought into Anson Resources (ASX:ASN) and Sirtex’s founder bought into Syrah Resources (ASX:SYR). Su...

WestStar Industrial (ASX:WSI) has set out to beat last financial year’s $50m worth of contracts, and is off to a good start with today’s news it is starting FY20 with $5m worth of contract extensions already. As with last year’s contracts,...