Articles On Galilee Energy (ASX:GLL)

S&P/ASX 200 fell 2.94% in April as all Australian equity indexes fell except Emerging Companies Utilities and Materials the only ASX sectors in positive territory for April, up 4.77% and 0.61% respectively Rincon Resources  tops the wi...

Stockhead’s Top 10 at 10, published at ~10.40am 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...

The ASX slumped by over -1pc, as jitters about delayed rate cuts rattled markets Miner BHP confirmed  $60 billion bid for competitor Anglo American Gold stocks climbed, but all 11 sectors closed in the red   The ASX 200 declined sharply b...

Major gas consumers in eastern Australia have been sweating bullets since the Australian Energy Market Operator forecast that the annual supply gap would increase in magnitude from 2028 as southern gas production declines. And to make it wo...

The ASX staged a relief rally on Monday Gold, oil stocks struggled after tensions in the Middle East eased The focus has now shifted from Middle East tensions to company earnings   The ASX put on a relief rally after its -3% loss last wee...

Momentum trading involves taking advantage of, and making profits from, upward trends in a stock. It involves betting that the stock market’s recent winners will remain winners. One of the best known momentum traders in the world is hedge f...

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 closed the day .2 of a per cent ahead this afternoon, with materials up around a per cent and energy the worst performer – losing 1.5 per cent.   In the green Market newbie James Bay Minerals (JBY) soared on debut, closing...

ASX 200 closes about 0.3% lower, down well over 2.2% for the week. Materials and Consumer discretionary weigh, Healthcare rises. Small caps led by Oliver’s Real Foods, which has leapt mightily despite having no fresh news.   The Aussie...

ASX 200 benchmark ends big day of earnings near parity, Small Ordinaries (XSO) climbs 0.5% Tech Sector surge offset by Consumer stocks and Energy  Small cap gains led by resources and explorer names, WYX continues climb    Just an enormou...

The ASX 200 built a platform for success today. Which failed. It fell flat at close Sectors wise, Financials, IT and Industrials did okay. The others, very much including Health Care and Utilities, didn’t Notable performers today: Nuix (AS...

The S&P ASX 200 was up 1.76% in June, with large caps performing the best and small caps lagging blue chips The S&P/ASX 200 Materials was the best performing sector in June, up 4.8% coming back from April drop An ASX favourite lith...

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...

ASX 200 sinks to -2.2% before recovering to close near -1.5% for the day Energy sector tanks -5.0% because it wants to watch you cry in the shower Low unemployment data sets up the RBA to keep twisting Australia’s nipples, just the way we...

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...

King Charles III loses coveted job of lurking on Australia’s $5 notes Adani down in the dumps after binning its multi-billion dollar cake sale Spacetalk heads for the moon on news the company’s found itself a new CEO   The ASX has had yet...

The big news of east coast gas price caps – a governmental response to skyrocketing prices and predicted shortfalls – have shone a bright light into the significant challenges facing domestic supply now and over the years to come. The feder...

Warrego Energy puts out initial substantial shareholder notice for Gina Rinehart entities following takeover bid Whitehaven Coal finishes November with a new substantial shareholder as two of its directors sell down holdings Neuren Pharma...

Galilee Energy (GLL) signs a memorandum of understanding (MoU) with Oil India to explore collaboration possibilities in potential coal seam gas assetsOil India is a central public sector enterprise of the Indian governmentThe MoU will serve...

Codrus Minerals is buying into a niobium-rich rare earths project Lord Resources uncovers “Mt Marion style” lithium anomalies at its Horse Rocks project in WA Mitre Mining is buying early-stage lithium projects in the Pilbara and Mt Ida re...

With Galilee Energy ticking the boxes at its Glenaras gas project and securing options for a long-term path to market, Taylor Collison sees the company potentially on the verge of a re-rating.  Taylor Collison has initiated coverage on emer...

Benchmark set to end the day down about 2.0% Geopolitics and overseas rate-raising spree weigh heavily A couple of late bolters bring some small comfort, but really…  Another Friday, and another entirely sub-par experience for anyone watc...

Galilee Energy is busy opening doors to the potential commercialisation of one of the largest uncontracted gas resource positions on Australia’s east coast. Galilee Energy (ASX:GLL) has negotiated a non-binding memorandum of understanding (...

The ASX will open marginally lower on Monday Wall Street dipped again on Friday ahead of the FOMC meeting this week Indian billionaire Adani becomes second richest man Local shares are set to open modestly lower on Monday. At 8am AEST, th...

The ASX200 is up 0.54% despite weak economic data out of China Eight out of 11 sectors were higher, with materials leading the charge CBA reports consumer confidence is at its highest in 16 months Weak Chinese economic data yesterday drov...

Conico and its partner Greenstone Resources have mobilised a drill rig in a bid to follow up one of the most exciting discoveries on the ASX this year, down the road from a major palladium find by one of Australia’s most famous mining ident...

It was hard to miss  Monday’s stunner of an IPO by Top End Energy (ASX:TEE), after the Northern-focussed gassy’s landed on the ASX at 40 cents, double its initial public offering of 20 cents. A 100% premium to the issue price. And with a ne...

ASX Emerging Companies (XEC) index has closed 1.5% on Tuesday Index now over 10% the better since February 22 Tuesday winners: ResApp (ASX:RAP), RiversGold (ASX:RGL)    The ASX Emerging Companies (XEC) index is 1.5% higher in late trade....

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...

Galilee Energy (GLL) secures a rig for the upcoming drilling program at the Glenaras multi-well pilot in Queensland Following a successful $11.8 million capital raising, the company has now signed a drilling contract with Silver City for R...

Galilee Energy (GLL) enters a trading halt as it plans for an upcoming capital raise So far, it is not known how much the company is aiming to raise or where the funds will be spent The halt means Galilee shares will be paused until Frida...

The ASX Emerging Companies Index (XEC) has recovered strongly on Wednesday, gaining 2.75%. The ASX200 also closed higher, gaining around 45 points or 0.6%. The market found its feet in afternoon trade, tech stocks leading the way. Look. Rat...

ASX-listed Galilee Energy was seeking $10 million to spend on its Glenara project, which it reckons has enough gas to meet a quarter of eastern Australia’s domestic needs for over 30 years.

Pure Hydrogen’s focus on hydrogen and its belief that fuel cell powered vehicles are a better option than battery electric vehicles for heavy, long-range vehicles is a recipe for growth. While the company retains three gas assets that it in...

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...

The hot debut of Evolution Energy Minerals (ASX:EV1) was not enough to save the ASX resources sector from falling today. The ASX 200 finished 0.67% down at 7,420 points. All sectors were down except tech, which gained 0.18%. In contrast, mo...

Renergen’s (RLT) Non-Executive Chairman has announced his intention to step down from the board after seven years in the role Brett Kimber’s resignation will be effective from 30 November 2021, at which time existing Non-Executive Director...

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$...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade. WINNERS Scrol...

Each week, Stockhead recaps ASX stocks that are “running hot” as deduced by the Relative Strength Index (RSI). The RSI is a technical gauge which measures how trading momentum is affecting the price action. A reading of 70 is seen as the le...

ASX gas stocks Red Sky Energy (ASX:ROG), Talon Petroleum (ASX:TPD) and State Gas (ASX:GAS) were among a horde of gas stocks releasing updates this morning – and none got the enthusiasm that greeted their peers earlier in the year. The oil a...

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...

The Galilee Energy Ltd. (ASX: GLL) share price is rising today after the company reported its Glenaras Gas Pilot Operations Update. Galilee shares are trading close to 5% higher at 85 cents per share, up 124% this past year. Galilee is a B...

There were a handful of gas stocks with news this morning and the standout was biogas play Delorean (ASX:DEL). Many oil and gas stocks have gained this year, many off the back of little to no news albeit with oil prices rising from the lows...

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...

Galilee Energy Ltd. (ASX: GLL) shares are edging lower in late morning trade. At the time of writing, the Galilee Energy share price is trading 0.6% lower at 74 cents. Below we take a look at the ASX energy share’s latest operations update...

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...

Summary ASX is mixed as the trading session comes to an end. Earnings report flooded investors again with dividends and profits.  Gold spot prices are tracking lower today, but oil prices remain strong. Besides, iron ore, copper, and c...

Galilee Energy’s (ASX:GLL) goal of becoming a significant supplier of gas into Australia’s gas-hungry east coast market may have taken ... Read More The post Galilee gas flows are a sign of more to come at Glenaras appeared first on Stockhe...