Articles On Empire Energy Group (ASX:EEG)

Smell that? It’s not gas. It’s the scent of desperation coming from the federal government as it continues to extol the virtues of its gas-fired recovery. The latest facet of this strategy is the award of first grants from its $50m Beetalo...

The Federal Government has awarded the first grants from its $50 million Beetaloo Cooperative Drilling Program to a subsidiary of ASX-listed junior Empire Energy Group (ASX: EEG). Three grants worth up to $21 million will be awarded to Empi...

“Oil, oil and more oil,” sounds like an investment tip from 100 years ago and not last week, but that’s what Jeff Currie is advising and he’s the commodity guru at the world’s leading investment bank, Goldman Sachs. Currie’s love of oil is...

The ASX lost another 0.32 per cent today, due to a steep drop in the last hour of trading. The bourse was almost at parity just before 3pm but a sell off in the last hour saw the ASX 200 close at 7,275, which was 0.32 per cent lower than ye...

The ASX is pulling off a near perfect imitation of a roller coaster, pulling back 0.6% following yesterday’s 1.4% gain and Monday’s 1.8% fall, or an overall drop of 1% for the week. The ASX 200 closed at 7,299 while the ASX Emerging Compani...

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...

Macquarie Group Ltd (ASX: MQG) is facing claims its investments in companies engaged in fracking are in conflict with its swing towards climate protection. Despite the negative press, the Macquarie share price is currently trading 1.63% hi...

ShareCafeEEG – Morgans rates the stock as Buy The target price for Empire Energy Group (EEG) is increased to $1.14 from $0.643. Morgans valuation is driven by the prospective resource base of EEG, after a transformative deal for the company...

The Australian share market continued to trade higher by afternoon, with the benchmark index ASX 200 adding 23.30 points to trade at 7049.10, up by 0.33%. Seven of 11 sectors were trading in green, while Financial was the best performing se...

The capital raisings boom on the ASX is continuing in 2021 with nearly $10 billion raised in the first four months of the year. Across 325 deals, ASX companies have raised $9.878 billion in capital amidst IPOs, placements and rights issues....

26 Apr 2021 - Imperial Oil & Gas, a wholly owned subsidiary of Empire Energy (ASX:EEG) will acquire the interests of EMG Northern Territory Holdings in the Beetaloo and McArthur Ba…

The Empire Energy Group Ltd (ASX: EEG) share price is in negative territory in late-afternoon trade. This comes despite the company announcing an update on the acquisition of the EMG Northern Territory’s (EMG NT) Beetaloo interests. At the...

It was another day in the green for the ASX as it edged closer to surpassing the record high it reached immediately prior to COVID-19. The ASX 200 rose 0.51 per cent, closing at 7,058 points while the ASX Emerging Companies Index rose 0.75...

After a few near misses, the ASX has punched through 7,000 percentage points for the first time since the COVID-19 market crash. The ASX 200 rose by 0.70 per cent to 7,025 points while the ASX Emerging Companies Index rose by 0.56 per cent...

Source: Kodda, Shutterstock Summary Empire Energy is acquiring five oil & gas assets in the prolific Beetaloo Basin. The acquisition will involve cash payment and issue of ordinary shares and unlisted options. The deal will allow...

Source: Jirapong Manustrong, Shutterstock The ASX 200 is trading in the positive territory today. The benchmark lost some points in the first 15 minutes post market open. However, post the initial blip the market has steadily moved up. By...

The Empire Energy Group Ltd (ASX: EEG) share price is on watch today. This comes after the company entered a trading halt at its request pending a new announcement. Which in turn comes after it released a major acquisition announcement ear...

14 Apr 2021 - Sydney-based oil and gas producer Empire Energy (ASX:EEG) has won the auction to acquire a majority stake in exploration company Pangaea Group’s five tenements across…

As 2020 winds up, Stockhead has reached out to its pool of contributing experts for their view on what they hope 2021 will bring. Today’s question is: What stocks are likely to benefit from a COVID-19 vaccine in 2021 and why? See if you can...

Mitchell Services (MSV), Goodman Group (GMG), Sonic Healthcare (SHL), Ramsay Health Care (RHC) and Empire Energy Group (EEG)

Empire Energy Group’s (ASX:EEG) goal of becoming one of the frontrunners in unlocking the shale gas potential of the McArthur and Beetaloo Basins in the Northern Territory is now poised to begin. It has received NT government approvals for...

Oil prices are poised to enter 2020 at a higher level than they did a year ago with the benchmark Brent Crude trading up nearly 24 per cent $US66.67 ($95.24) per barrel, while the West Texas Intermediate gained 35.8 per cent to $US61.66 per...

Energy stocks made modest gains this year with the S&P ASX200 Energy index rising 13.8 per cent over the past year to 11,546.1 points. It has been a mixed year for oil with the ongoing dispute between the US and China keeping oil prices...

One director has this week put more skin in the game to take his family’s total stake to over $20m — not bad. Nathan Mitchell began with the Mitchell Group in 1989, gradually working his way up the ladder. It is an investment company which...

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

Oil prices surrendered most of the gains made in the latter half of October after China released weak industrial data and doubts were raised about a potential trade deal being reached between the US and China. China’s National Bureau of Sta...

On 1 October 2005, I was only 20 metres away from a large bomb that went off in the heart of Kuta. The 2005 Bali bombings were a series of terrorist attacks across two sites in Jimbaran Bay and in Kuta - 30km away from each other, both in s...

At the start of the year James Chisholm’s stake in Atrum Coal (ASX:ATU) was just under $4m. But he’s retired from the board and sold his shares to Regal Funds Management, which now holds 13.5 per cent of the company. With Atrum’s rise from...

It can be said that the global market players are aware about the fact that the stock markets are sensitive to the macro-economic parameters and to the news which is related to the geopolitical uncertainties. A rise in the economic uncertai...

Nova Minerals Limited (ASX: NVA) On 21 June 2019, Nova Minerals Limited (ASX: NVA) announced the commencement of drilling after the successful and ongoing Induced Polarisation (IP) geophysical survey works at the Oxide prospect on the Estel...