Articles On Central Petroleum (ASX:CTP)

Flush with over US$1B in debt funding for its flagship, Arafura Rare Earths (ASX:ARU) has announced an update to its gas supply agreement with a second party. That second party, the Mereenie JV, consists of four Australian based energy s...

The ASX200 is expected to rise 0.87% on Monday, buoyed by stronger performances on US markets at the end of last week. US stocks rose on Friday as inflation data boosted expectations of a potential rate cut by the Federal Reserve in Sept...

Shackled by red tape, devalued by the market’s embrace of ESG and hobbled during the pandemic, a few years ago you would have been forgiven for thinking gas was a dying industry. But a price surge in 2022 and major shortages in Australian...

Northern Territory could offer the solution to eastern Australia’s gas woes Basins such as the Beetaloo, Amadeus and Bonaparte are seeing significant activity Bonaparte has proven gas fields both offshore and onshore Much has been made ab...

Arafura signs gas supply agreements with Mereenie joint venture partners Agreements are for supply of up to combined 27.41 petajoules of natural gas from 2026 for a three-year term, with an option to extend for two years Terms include ta...

Central Petroleum (ASX:CTP) enters into a GSA with Arafura (ASX:ARU) providing up to 6.85 PJ of gas over a five-year period starting from 2026 Gas supply will be combined with existing Mereenie gas supply from MM, NZOG, and Cue, resultin...

It's been a shaky start to this Tuesday's trading for the All Ordinaries Index (ASX: XAO) and most ASX All Ords shares so far. At the time of writing, the All Ords has slipped by 0.07%. But let's talk about what's happening with the Arafur...

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...

King Energy looks to list Q1 2024 with the goal of progressing its 3H – hydrogen, helium and hydrogen – strategy First objective post IPO is the drilling of Richie gas-condensate field in Louisiana for early cash flow Infill seismic will t...

Central Petroleum (CTP) is hoping to further establish its presence as a major domestic energy supplier in Australia The 12-month GSA aims to secure an extra 0.36 PJ of gas to Mt Isa by 2025 The extension adds to Mereenie gas supply f...

The ASX grinds to a -0.68% close after another rough night on Wall Street. A late surge from the Real Estate sector saw it land on +1.11% for the day. Rock chip results dominated the Small Caps winners list – yep, it was that kinda day.  ...

 The ASX 200 benchmark has climbed down from highs at lunch to finish on +0.39%. Health Care was well out in front of the market all day, thanks to a chunky bump for CSL. Voltaic Strategic Resources won the Small Caps Cup, rising 22.5% for...

ASX benchmark falls 0.86% for the day, dragged down by bad news from China. Telcos, Energy and InfoTech tried their best, but the overall gloom was too much to fight. Lithium Universe (ASX:LU7) banks a solid market debut as it kicks off i...

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...

An additional news report on the recommendation, valuation, forecast and opinion changes for ASX-listed equities. In addition to The Australian Broker Call Report, which is published and updated daily (Mon-Fri), FNArena has now added The Au...

An additional news report on the recommendation, valuation, forecast and opinion changes for ASX-listed equities. In addition to The Australian Broker Call Report, which is published and updated daily (Mon-Fri), FNArena has now added The Au...

Rising inflation has put the spotlight on the ability for corporates to maintain profit margins Which sectors are the most inflation resistant ASX stocks with the highest and lowest profit margins The shock headline US CPI print of 9.1%,...

Central Petroleum’s (CTP) Palm Valley 12 well, in the Northern Territory, has reached an 1880-metre depth The well reportedly intersected the Palm Valley field’s fracture system which is believed to be encouraging for potential production...

The Santos Ltd (ASX: STO) share price is outperforming today after it announced its joint venture (JV) has been appointed Preferred Tenderer of two gas exploration areas in Central Queensland. The new areas are contiguous with existing pro...

New Zealand Oil and Gas (NZO) flags a potential appraisal opportunity at its Pacoota P3 formation in the Northern Territory even as exploration cost pressures rise JV partner Central Petroleum (CTP) identified the opportunity at the Pacoot...

Central Petroleum (CTP) advises the joint venture, Palm Valley 12 gas well, near Alice Springs has reached a depth of 221 metres, with drilling continuing Over the last week, the joint venture drilled a 24 inch hole section to 101 metres,...

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...

ShareCafeCTP – Morgans rates the stock as Hold Following 1H results for Central Petroleum, Morgans explains that after the sell down of the Amadeus operations to both deleverage and fund growth, the company is no longer an earnings story. T...

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...

ShareCafeCTP – Morgans rates the stock as Hold Central Petroleum’s September-quarter sales volume met Morgans’ estimates. In the short-term, the analyst believes a discount on Range (the company’s largest prospect) will likely persist until...

An additional news report on the recommendation, valuation, forecast and opinion changes for ASX-listed equities. In addition to The Australian Broker Call Report, which is published and updated daily (Mon-Fri), FNArena has now added The Au...

Australia’s bourse had its biggest decline since February 26 falling by over 2%. The ASX 200 fell 2.1% to close at 7,248 and is down 5% since August 13. The ASX Emerging Companies Index fared worse, losing over 4% in its worst day since Apr...

The ASX regained some lost ground from yesterday’s bloodbath, but closed this week lower than what it began. The ASX 200 gained 0.5% to close at 7,407 points while the ASX Emerging Companies Index rose 2.45% to close at 2,469. Most sectors...

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$...

The Incitec Pivot Ltd (ASX: IPL) share price has been quietly climbing in recent weeks. Shares in the Aussie manufacturer have climbed 18.2% higher in the past month while investors focus on the August reporting season. At the time of writ...

The Northern Territory Government is expanding new exploration opportunities 18 projects from 15 companies awarded grants under the latest Geophysics and Drilling Collaboration program. A record $1.7 million in grants for the 18 projects ha...

The revelation that Santos (ASX:STO) made a non-binding offer for Oil Search (ASX:OSH) has been the talk of the town, especially since it appears to make a lot of sense. After all, the combination of the two companies would result in the cr...

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...

ShareCafeCTP – Morgans rates the stock as Hold Central Petroleum has announced the sale of half of its producing interests in the Amadeus Basin for $85m, which compares to Morgans valuation of $73m. The company intends to pay down -$30m of...

The ASX notched up gains today despite one of the biggest IPOs this year dropping on debut. The ASX 200 rose 0.98 per cent to close at 7,115 and every sector was in the green except utilities. The best were consumer discretionaries, health...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

The ASX has begun the week in positive territory, albeit only slightly. The ASX 200 closed at 7,046 points, 0.22 per cent higher than Friday. The ASX Emerging Companies Index however retreated 0.35 per cent, closing at 2,114. The best secto...

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...

Summary Jupiter Energy shares gained 19% after the company issued its quarterly update on financial performance and oilfields. The company generated oil revenue of around US$867,000 on sales of approximately 34,000 barrels of oil. Dur...

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...

Welcome to the FNArena Corporate Results Monitor. Today's Reports: ((CRW)) - Cashrewards ((CTP)) - Central Petroleum ((HUO)) - Huon Aquaculture ((MOZ)) - Mosaic Brands ((MCA)) - Murray Cod ((NXL)) - Nuix ((PPC)) - Peet & Co ((RED)) -...

Summary Horizon Minerals appointed Mr Julian Tambyrajah as Chief Financial Officer and Joint Company Secretary of the Company. Ms Bianca Taveira in the role of Joint Company Secretary will continue with Horizon. The recent appointment...

ShareCafeCTP – Morgans rates the stock as Hold Investor sentiment in the oil market has eroded after two once-in-a-decade downturns in the last five years, explains Morgans. Nonetheless, recent events have combined to leave the broker bulli...

A quick wrap of the ASX’s key winners and losers on Tuesday, September 11. Data is taken after the market closes at 4pm AEST. Stocks highlighted in yellow made market-moving announcements during the day. Today 447 stocks rose, 961 declined...

There are early signs of recovery in Australia’s liquefied natural gas (LNG) sector with Asian customers paying slightly more for cargoes shipped in July, although year-on-year volumes are still down. LNG shippers in Australia exported 85 c...

ShareCafeCTP – Morgans rates the stock as Hold Central Petroleum posted its 4Q20 result, with cash receipts and production costs in-line with Morgans forecasts, while General & Administrative and finance costs were below its forecasts....

In a development that will create a material gas business with significant holdings in the Surat and Cooper Basins of Queensland, Real Energy Corporation Limited (ASX:RLE) and Strata X Energy Limited (ASX:SXA) have signed an agreement to cr...

Want to know which stocks the fund managers have been putting their money in (and out) of? We’ve been keeping track so you don’t have to. Trading Places is Stockhead’s recap of substantial holder movements among ASX small caps in the last f...

Major oil and gas projects are likely to be stuffed back onto shelves thanks to the depressed oil price. Oil prices surged briefly after US President Donald Trump claimed last week that Saudi Arabia and Russia had agreed to substantially cu...