Articles On Galilee Energy (ASX:GLL)

ASX reverses week’s gains, falling 1.31% Oil surges more than 9%, returning to near US$100/barrel Energy makes lonely gains as market otherwise retreats   ASX resets two days of gains The S&P/ASX 200 has reset to Monday’s levels, unwi...

Gas explorer Galilee Energy (ASX:GLL) has been provided with the go-ahead to spud Zydeco-1, after recently acquired 3D seismic data confirmed the optimal bottom-hole location for the Louisiana well. Listen to the HotCopper podcast for in...

ASX claws back ground after yesterday’s $63bn market wipeout Asia rebounds hard as South Korean markets rocket higher Bitcoin jumps and commodities rally as investors hunt safety   The Australian share market found its feet on Thursday, b...

S&P/ASX 200 posted its best February since 2019, up more than 4% for the month  Strong earnings from mining and banking heavyweights outweighed inflation and geopolitical concerns Apollo Minerals continued its stellar run with Tribeca...

ASX closes flat, down just 0.04% to 9,022.30 points Tech stocks slump for second straight session BHP pushes through $55 for the first time    The ASX closed relatively flat, down 3.70 points or ~0.04% to 9,022.30 after Wall Street’s over...

Best REE result to date for ERE in Finland with strong NdPr enrichment   HVY progressing Kanmantoo hard rock waterjet garnet project Positive news from Araxá REE and niobium project in Brazil shines spotlight on SGQ    Your standout small...

ASX drops 0.6% as Trump lifts global tariffs to 15% Gold shines, materials the only sector firmly higher Tech tumbles as AI names lead market retreat It was a jittery start to the week for local investors, with the ASX shedding 55.40 poin...

ASX up 0.88%, notching fourth straight gain and fresh 100-day high Energy and telcos lead; eight sectors finish higher Hub24, Sonic surge on earnings; Zip plunges ~34%   The bulls aren’t done yet. Australian shares notched a fourth straig...

ASX tumbles ~1.39% in Friday the 13th fright Tech crushed nearly 5% in violent sector rotation Utilities surge as money flees growth and hides in safety   At the closing bell, the ASX 200 was down 1.39%. Friday the 13th delivered … becaus...

ASX slides 38.6 points or 0.43% Weak breadth despite eight sectors green with just 87 stocks rising Materials and energy lead losses while banks rise   Volatility rules Volatility is the word of the month – and maybe the year. The market...

ASX reverses fortunes, falling from +0.49% to -0.65% Metal prices crash out; materials sector and gold index plunge Defence stocks fall out of favour   Commodities go down in flames Another instance of ‘what goes up must come down’, broug...

ASX slides 0.33% in broad retreat Eight of 11 sectors red, weak breadth with 114 stocks lower Gold surges to new all-time high Uranium and gold surge The ASX 200 fell 0.33% today, spooked into retreat by fresh geopolitical tension between...

ASX up 0.56% or 49.1 points with solid breadth (122/200 stocks rising) Materials, banks provide momentum while energy retreats Seven of 11 sectors in the red, but solid support from Resources and Banks indices   Market climbs metals ladde...

Energy sector fell 4.94% in 2025 while ASX 200 gained 5.6% Brent crude dropped 21% to US$60.30 per barrel over the year Analysts tip Amplitude Energy for gas market upswing in 2026 With 2026 now out of the blocks and pounding down the tra...

ASX climbs 0.29% in broad-based rally Only materials in the red, with all other sectors higher Lithium stocks gain on carbonate price spike in Chinese market   Market steadies after lunch Despite a choppy start to the day that saw the ASX...

ASX shook off an early wobble to finish the first trading day of 2026 up 0.15% Energy, uranium and banks lead while gold stocks slip Northern Star slumps on guidance cuts as Nickel Industries surges on strategic deal   The ASX opened on...

ASX bounces 95.8 points, adding 1.1pc Broad gains once again with all sectors higher Real estate, banks, lead market higher   Broad strength, strong breadth The ASX 200 is already sipping the eggnog if today’s performance is anything to g...

ASX ticks up 0.19% to end trading week flat Six of 11 sectors down, materials and financials lead gains Uranium stocks fire up once again   ASX trundles to flat finish The ASX has traded pretty much entirely sideways this week, neither ga...

ASX rises +0.5% before sliding back to just +0.18% Broad strength overall, however, with eight sectors higher Soft GDP numbers hide robust economic indicators   ASX slows to a flattish finish The ASX 200 took a sharp dip into negative ter...

ASX shrugs off hot CPI read, closes up 0.81% Gold, lithium, rare earths lead resources gains Broad upward momentum across eight sectors   Gold and lithium build momentum Lion Selection Group (ASX:LSX) MD Hedley Widdup predicted Australia...

ASX closes down 46 points or 0.52% Energy and rate-sensitive sectors lead losses Broad retreat with nine of 11 sectors lower   Tightening labour market smashes market The ASX 200 was already on struggle street through the morning, but wen...

ASX up +0.25% at lunch time, down -0.14% by trade end Info tech and banking stocks lead losses Broad rally in resource stocks, led by gold   Info tech plunge unwinds market gains The ASX wobbled through an uncertain morning but was lookin...

ASX 200 closes 0.19% higher after choppy session Strength in mining and energy stocks offset pullback across six sectors, with big four banks among hardest hit In boost for healthcare sector, Biotech Nexsen makes strong debut to close 43%...

ASX slides 0.29pc with 6 sectors flashing red Healthcare, major banks major drivers of losses Record gold prices bump All Ords Gold index up 3pc Healthcare sector smothers ASX Losses in health led the broader ASX lower, shedding 0.29% or...

East Coast faces gas shortfalls despite Australia having abundant resources Policy reform needed to unlock investment in new domestic gas fields ASX juniors have the potential to supply gas to ease supply woes   Is Australia’s East Coast...

ASX rebounds to set new intraday high, up 0.53pc Origin Energy leads gains alongside utilities sector Unemployment rate falls, lowering interest rate cut chances   ASX sets new intraday high The ASX rebounded powerfully from yesterday’s p...

Commonwealth Bank shares fall 5pc on yearly results ASX falls from near all-time highs as sell down bites Weakness in utilities and major resource stocks undercuts resistance   CBA leads sell down Commonwealth Bank (ASX:CBA) lifted net pr...

  Highlights The benchmark index closed at a new high following the central bank’s latest rate adjustment Major banking stocks recorded gains as lenders adjusted variable loan rates Utilities, consumer discretionary, and fi...

RBA cuts interest rates by 25 basis points ASX notches new all-time intraday and closing highs Broad market strength with 8 of 11 sectors green   ASX breaks through 8870 points The ASX 200 set both a new intraday high (8885) and a new rec...

ASX slides 24 points or 0.28pc Market closes out the week positive, just 0.47pc off all-time high Gold stocks the power house this week, adding 11.45pc   A positive week of trade The ASX fell just over 24 points or 0.28% today, with six o...

Australia’s S&P/ASX 200 rose 2.36% in July, posting gains of almost 9% so far for CY25 Health care had a dose of good medicine, rebounding 9% to be best performing sector for month Santa Fe Minerals jumps 739% in July after executing d...

Iron ore surges to four-month highs at US$104/tonne Gold lifts 1.4pc to five-week high Banks mostly lower as profit taking continues   Resource gains outweigh bank sell down It was a veritable tug of war on the ASX today as surging resour...

ASX hits the breaks, adding just 0.08pc Info tech also contracted, adding 0.54pc compared to more than 1pc earlier in the session Profit taking drives materials, banks lower   3pm slump has ASX yawning to close The ASX 200 pulled back fro...

Morning, and welcome to Stockhead’s Top 10 (at 11… ish), highlighting the movers and shakers on the ASX in early-doors trading. With the market opening at 10am sharp eastern time, the data is taken at 10.15am, once trading kicks off in earn...

ASX 200 Banks index adds 0.49pc Eight of 11 sectors down, with losses led by industrials sliding -1.40pc Uranium and oil stocks lift energy sector out of the negative The ASX retreated in trade today, shedding 0.36% with 8 of 11 sectors s...

Markets pricing a 78pc chance of rate cut following labour data Unemployment levels remained steady ASX dips on broad weakness in tech, resources and healthcare stocks   The ASX ended up in negative territory this afternoon, but not by mu...

Oil surges 4pc as Israel-Iran conflict breaks out Increased volatility pushes gold higher, climbing 1.38pc Energy and utilities sectors take flight, up more than 4pc each   Israel carries out airstrike on Iran About five hours ago at the...

ASX sets new intraday high at 8639 points before sliding to 8598 Normalising US-China relations undercut gold, rare earth and uranium stocks Despite all that, ASX 200 Resources index gains 0.67pc The ASX had a very strong start to the day...

Highlights US-China trade breakthrough lifts sentiment, supports gains in materials and energy BHP Group (ASX:BHP) and Woodside Energy Group (ASX:WDS) rise on rare earth truce and firmer commodity trends Zip Co (ASX:ZIP) and...

ASX sets new record close at 8587.2 points, breaking February 2025 heights 10 of 11 sectors on the up, with only Industrials dragging (-0.08pc) All Tech and 200 Banks indices add more than 1pc each It’s been a convincing day of gains on t...

ASX adds 52 points, hitting a new 50-day high at 8,466.70 points Broad strength with 9 of 11 sectors on the up Gold and finance stocks outperform The ASX was on a roll today, climbing swiftly in the first hour of trade and maintaining mom...

ASX slips 0.24pc in trade Falling oil prices drive energy and utilities stocks lower Gold ticks up, lifting ASX All Ords Gold Index 0.85pc   The ASX fell 0.24% during the session, experiencing broad weakness on the back of renewed tariff...

Energy sector pushes ASX 0.15pc higher US court has ruled Trump’s Liberation Day and fentanyl tariffs are unlawful Steel, aluminium and auto tariffs remain in place   The ASX has posted another gain today, albeit a small 0.15% lift. News...

Morning, and welcome to Stockhead’s Top 10 (at 11… ish), highlighting the movers and shakers on the ASX in early-doors trading. With the market opening at 10am sharp eastern time, the data is taken at 10:15, once trading kicks-off in earnes...

ASX lifts 4.5pc, tech stocks 7pc as Trump pauses majority tariffs European Union responds to February’s steel and aluminum tariffs from US with trade restrictions of its own EU tariffs of 25% to effect iron, copper, steel among US$45b in g...

Morning, and welcome to Stockhead’s Top 10 (at 11… ish), highlighting the movers and shakers on the ASX in early-doors trading. With the market opening at 10am sharp eastern time, the data is taken at 10:15, once trading kicks-off in earnes...

Trump’s tariffs shake markets, billions wiped off ASX Gold shines as trade war fears spark safe haven rush China, EU prep retaliation as global recession fears rise   Trump’s tariffs have hit markets hard, wiping almost $30 billion off th...

Galilee Energy (ASX: GLL) has engaged private oil and gas firm Novus Energy Trading to help explore solutions for complex reservoir challenges at its Glenaras gas project in Queensland’s Galilee Basin. Galilee expects the technology licence...

ASX dips after US futures drop and Israel strikes Gold hits new high, coal stock New Hope soars BYD’s five-minute battery charge sparks buzz   The ASX made solid gains before pulling back in the afternoon after US stock futures went into...