Articles On Galilee Energy (ASX:GLL)

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...

ASX drops as Trump tariffs fuel market jitters Canada and China hit back with tariffs of their own Suncorp, Insignia and HCW down after bad news   The ASX had a bad Tuesday after Donald Trump confirmed he was going ahead with those tariff...

Australia’s S&P/ASX 200 fell 3.79% in February as global geopolitical and economic uncertainties rattled markets Only four out of 11 S&P/ASX 200 sectors posted gains, primarily driven by defensive sectors Kalgoorlie Gold Mining was...

ASX down, hits six losses in seven days Johns Lyng, Domino’s and Viva Energy hit hard Zip shines bright, while gold flirts with record highs   The ASX200 closed 0.7% lower on Tuesday, bringing its record to six losses in seven days. Today...

Banks lead ASX200 comeback  Tech sinks after Wisetech crashes on boardroom drama Reece, Iress slump, NIB and NextDC rise   The ASX had a rollercoaster Monday, with some wild swings, but by session close the benchmark ASX200 index was pre...

Gold miners soar as prices hit new highs ASX retreats as CSL drops on US vaccine sales hit Consumer sentiment barely budges amid global unease   The ASX retreated from earlier gains and closed 0.25% lower on Tuesday, following a late-day...

The S&P/ASX 200 rose 5% in January to reach a new record high Utilities was the only sector to fall in January with financials the top performer AusQuest tops January winners up 388% with discovery of a large-scale Peruvian copper pros...

The S&P/ASX 200 fell 3% in December as Santa rally failed to eventuate yet again  Consumer staples led the S&P/ASX 200 sectors in December with tech leading overall in 2024 Niobium and rare earths explorer Aldoro Resources led the...

Vintage Energy (ASX: VEN) and Galilee Energy (ASX: GLL) have mutually agreed to terminate the scheme implementation deed (SID) that would have led to the merger of two significant Australian onshore gas developers. Announced to the market i...

ASX hits new record high, driven by banks and health stocks Pro Medicus signs $330m deal with Trinity Health Lithium stocks rise on WA government’s $150m support package   The ASX touched a new record high on Thursday, the second time thi...

The ASX fell on Thursday, driven by drop in discretionary sector However, gold stocks and, in particular, Bitcoin surged  Web Travel, Accent Group and Sayona Mining all dipped   The ASX ended Thursday lower by 0.04%, reversing early gains...

Vintage Energy (ASX: VEN) is set to ramp up its gas production in central Australia following a successful quarter of well commissioning, workovers and reserves upgrades that saw both the Odin-1 and new Odin-2 wells flowing gas simultaneous...

Junior Australian gas companies Vintage Energy (ASX: VEN) and Galilee Energy (ASX: GLL) have moved to the next stage of a planned merger. Cooper Basin conventional gas developer Vintage and Queensland coal seam gas specialist Galilee Energy...

Oil and gas sector has seen an uptick in equity capital raisings and M&A activity Uncertainty of policy one of the key challenges facing the sector Low cost loans to critical minerals should be extended to oil and gas juniors Argonaut...

Vintage Energy and Galilee Energy in strategic merger Larger, more diversified entity will be able to better supply Australia’s east coast gas market Galilee shareholders will benefit from more near-term assets and a stronger balance sheet...

Conventional gas developer Vintage Energy (ASX: VEN) has moved to take over Queensland coal seam gas specialist Galilee Energy (ASX: GLL). The two companies have entered into a binding heads of agreement (HoA) under which Vintage will acqui...

ASX smacked after Wall Street sell-off sparked a red day around the world. ALL sectors lower on Friday. Yep… all 11 of them. Small caps led by Spacetalk and Alto Metals   The local benchmark index is wallowing back under 8,000 points,...

Good morning, and welcome to Stockhead’s Top 10 at shortly-before-11-ish, which is meant to highlight the best (and sometimes worst) performing ASX stocks in morning trade using live data, to provide a short, sharp update to help frame the...

ASX 200 ends 0.5pc lower after a difficult start to the week Energy Sector the worst of some poor to middling performances Small caps led by AuMake on news of a new deal in China   Last week’s record highs seem a distant memory for the...