Articles On Byron Energy (ASX:BYE)

ASX set to rise after a rebound in New York Fed rate cut likely as CPI report and September decision loom Why more ASX companies choose to delist   Aussie shares are set to bounce back when the market opens on Tuesday. At 8am AEST, the SP...

ASX flat on Monday,  ahead of Federal Budget Tuesday night Oil weakness drags Energy sector lower Chinese shares slump on new US tariffs   After advancing 1.5% last week, the ASX200 fell flat on Monday – greenish by 0.01% – dragged down m...

ASX losses accelerate after sluggish retail sector updates  Baby Bunting, Temple & Webster, JB Hi-fi all under pressure on soft sales Alliance Nickel soars on fat federal grant   After opening modestly higher this morning, the ASX qui...

The ASX extends its gains on Tuesday Tech stocks rallied ahead of US megacap earnings, while goldies struggled Tesla, along with Alphabet and Spotify, will release results tonight   The ASX200 lifted on Tuesday, up by +0.45% after trackin...

Byron Energy (ASX:BYE) is an ASX-listed oil company with a market cap of just under $110 million The company operates offshore in the prolific US Gulf of Mexico Net daily oil production from offshore GOM assets has passed 2000 barrels...

Stockhead’s In-Case-You-Missed-It highlights today’s most interesting small cap stories that might have slipped beneath your radar. Below is a wrap of the top 20 performing stocks, by percentage, that made announcements today.   ICYMI Leade...

The ASX200 index surged nearly 1.3 per cent today, reaching 7279 points. All sectors were up, led by materials which gained nearly three per cent. IT finished nearly two per cent higher, while Australian energy stocks also gained 1.7 pe...

Profit margin will be front and centre for investors in the upcoming earnings season Why investing in high profit margin companies is always a good bet We look at the top 20 highest profit margins for ASX small caps   Margin squeeze will...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

There is little doubt that energy security has become one of the big issues in recent times. Oil prices rose last year to near record heights on the realisation that there might not be enough production to meet needs. Gas prices soared than...

Byron Energy (BYE) continues to maintain production from the G3 and G5 wells in its offshore South Marsh Island 58 (SM58) project in the Gulf of Mexico The company says both wells are being monitored since being brought to production over...

Byron Energy (BYE) logs additional hydrocarbon pay at the G5 well within its South Marsh Island 58 platform in the Gulf of Mexico After reaching a total depth of 10,228 feet, real-time logging identified hydrocarbons that BYE believes are...

ShareCafeLunch Report: 18 May, 2022 by Melissa Darmawan   Materials lift ASX higher for 4th day Australian shares are on track to continue its winning streak for its fourth straight day after taking a strong lead from Wall St. The local ind...

Byron Energy (BYE) identifies hydrocarbons at its G3 Well in the South Marsh Island 58 G platform located offshore the US state of Louisiana in the Gulf of Mexico Real time logging while drilling of the G3 well identified hydrocarbons the...

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...

Byron Energy (BYE) plans to start a two-well drilling program at its South Marsh Island platform located offshore the US state of Louisiana in a couple of months The company says it has secured the use of the Enterprise Offshore Drilling 2...

The ASX has extended its market gains this morning, boosted by US inflation statistics and a sweetened bid from Blackstone to Crown. Australian shares are 0.6 per cent or 44.6 points higher at 7,483.50, boosted by strong advances in the...

It looks like them energy names are on the rise Wednesday, largely punching above a local market weighed down by weak US leads and possibly boredom. But don’t thank our collective refusal to acknowledge a warming planet. In this case oil pr...

Oil and gas prices are rising, a fact that anyone who has been to the pumps in recent weeks will know from their empty wallets. And it is only going to get worse given that changes in international crude prices can take about two weeks to w...

The 2021 financial year was one of contrasts for the oil and gas industry with low crude prices making life challenging for many ASX companies earlier in the year before a strong recovery improved conditions. Oil prices traded below the US$...

Oil prices are down after news broke of an OPEC+ agreement to open up the oil taps from August, in a bid to moderate prices that had reached two and a half year highs. Along with concerns about weak gasoline demand in the US, the benchmark...

Uranium optimism is growing with governments around the world including nuclear energy in their plans to slash carbon emissions and the US saying outright that achieving its climate goals would not be possible without nuclear plants. Nuclea...

Crude oil prices have strengthened this week with the benchmark Brent oil now tracking above US$70 per barrel after OPEC and its associates expressed optimism about demand for the fossil fuel. Commonwealth Bank quoted Saudi Arabia energy mi...

Energy is an essential piece of modern life and while energy demand fell in 2020 due to the impact of the COVID-19 pandemic, emerging markets and developing economies are expected to drive a 4.6 per cent increase in demand. In its Global En...

Source: Mark Agnor, Shutterstock Summary After falling 15% in the previous session, Whitehaven Coal Limited’s shares dropped 5% on 16 April 2021. The Company cut production, sales, and unit cost guidance for FY21. March quarter sales...

Power Up is Stockhead’s fortnightly look at all the news and moves driving ASX energy stocks. After a brief foray above the $US65 ($85.60) a barrel mark in March, oil prices have slid back down to hover around the $US60 a barrel level thank...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest movers – the winners and losers alike. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday t...

Source:ITTIGallery, Shutterstock Summary Red Sky Energy was up by a massive 125 per cent yesterday and today it is up by another 44.4 per cent. Zoono has announced a host of key updates regarding some recent developments of the busine...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest movers – the winners and losers alike. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday t...

Commodity prices across the board have surged in recent months, and energy commodities are no exception. Crude oil, thermal coal and liquified natural gas (LNG) have pushed higher, but ASX energy shares seem to be lagging behind.  Energy c...

The Byron Energy Ltd (ASX: BYE) share price plummeted 8.82% to 15.5 cents today before recovering to 16 cents at the time of writing. This came after the company announced that it had evacuated 2 assets in the gulf of Mexico. What was in t...

In afternoon trade the S&P/ASX 200 Index (ASX: XJO) is on course to start the week with a sizeable decline. The benchmark index is currently down 0.55% to 5,831.5 points. Four shares that are falling more than most today are listed bel...

The Byron Energy Ltd (ASX: BYE) share price has today soared higher following a strong operations update published by the company. The Byron share price was up 10.3% to 21.5 cents in intraday trading before edging back to its current price...

Oil prices may be recovering but the price crash in March and ongoing demand slump continues to impact the sector, with behemoth BP moving to cut about 15 per cent of its workforce. The move comes at the end of its three-month freeze on red...

US gas production may bottom in November before coming back next year, as slashed budgets and shuttered fields reduce the amount of oil and gas hitting the market in the States. Gas production in the lower 48 states, but not including the G...

Listed oil and gas outfit Byron Energy is on the hunt for fresh equity to bring its oil field in the Gulf of Mexico online. 

A quick wrap of the key winners and losers on Tuesday, May 5. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made market-moving announcements during the day. Code Company Price % Change Volume...

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...

There’s been many catalysts for low oil prices including the coronavirus and the trade war between Saudi Arabia and Russia. And the fallout from this has been an epic supply glut never before seen in history, which in turn has led to a mass...

The only South African domiciled and dual listed ASX stock, Renergen (ASX:REN), just announced a supply agreement for its LNG project. Local freight shipper Bulk Hauliers International Transport (BHIT) has agreed to buy LNG from Renergen to...

Stock analysis veteran and lover of the oil and gas game, Peter Strachan, is back in town for another instalment of The Wildcatter Podcast. In this latest episode, Peter interviews Fitzroy River (ASX:FZR) non-executive director Sue Thomas....

Last week was another quiet week among directors trades but there were still a handful including a pair of directors who went in for the second time in as many months. In mid-December Byron Energy (ASX:BYE) directors Douglas Battersby bough...

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...

A new year brings a new raft of developments from Australia’s small cap oil and gas companies, which have operations not only locally but also in other parts of the world. It can be a little overwhelming given the sheer number of wells, tie...

Stock analysis veteran and lover of the oil and gas game, Peter Strachan, is putting aside the Bloomberg terminal and picking up the microphone for another instalment of The Wildcatter Podcast. In this latest episode, Peter interviews Ken...

Byron Energy Limited (ASX: BYE) has signed a binding Secured Promissory Note with Crimson Midstream Operating, LLC to borrow US$15 million which will be used to fund the construction of the production platform at SM58. Crimson Midstream is...

Byron Energy Ltd (ASX: BYE) has received commitments from institutional and sophisticated investors for a Placement of ordinary shares in Byron to raise ~ A$14.5 million (before cost). It has also launched a fully underwritten 1 for 18 pro-...

ASX-listed oil and gas play Byron Energy is seeking to raise $23 million in a placement of new shares and a rights issue. 

Trading Places is Stockhead’s weekly recap of substantial holder movements focusing on fund managers. Substantial shareholders are shareholders holding 5 per cent or more of a company’s shares and these can be directors, individual investor...