Articles On Melbana Energy (ASX:MAY)

Fortescue Ltd (ASX: FMG) shares have had a gloomy past month. The iron ore miner's 2024 decline has deepened by a painful 19.67% over the last 30 days. The recent slump means the company's share price is now almost 28% lower than at the end...

Australian oil and gas junior Melbana Energy (ASX: MAY) has commenced a key test program that it hopes will find answers to disappointing flow results at its onshore Alameda-3 appraisal well in Cuba. Melbana is currently undertaking flow te...

Many of Australia's top brokers have been busy adjusting their financial models and recommendations again. This has led to the release of a number of broker notes this week. Three ASX shares that brokers have named as buys this week are lis...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record a small decline. At the time of writing, the benchmark index is down slightly to 7,775.4 points. Four ASX shares that are falling more than most today are lis...

Beach Energy Ltd (ASX: BPT) shares were under pressure on Tuesday. The ASX 200 energy stock dropped almost 2.5% to $1.53 after investors responded negatively to its strategic review. What did the ASX 200 energy stock announce? Yesterday Bea...

On Tuesday, the S&P/ASX 200 Index (ASX: XJO) had a very strong session and raced notably higher. The benchmark index stormed 1% higher to 7,778.1 points. Will the market be able to build on this on Wednesday? Here are five things to w...

The ASX 200 has finished the day up a per cent, after interest rates were kept on hold at 4.35%, firmly in line with predictions. Australia’s Big 4 and major investment banks were all calling for a June hold decision. However, Morgan St...

ASX rose  as the RBA held interest rates at 12-year high 4.35pc All 11 sectors on the ASX gained, with significant moves from Pilbara and Fortescue  ASX to launch first bitcoin-linked ETF on Thursday   Aussie stocks bounced back by +0.8%...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record a solid gain. At the time of writing, the benchmark index is up 0.95% to 7,774.7 points. Four ASX shares that have failed to follow the market higher today ar...

The Fortescue Ltd (ASX: FMG) share price is being pulverised today amid news of a mega sale. Shares in the Australian iron ore miner are down 4.6% to $21.93 as we approach the midpoint of today's session. Meanwhile, the S&P/ASX 200...

S&P/ASX 200 Index (ASX: XJO) iron ore stocks are delivering some divergent results today. In morning trade on Tuesday, the ASX 200 is up 0.9%. Here's how the big three ASX 200 iron ore stocks are faring at this same time: Fortescue M...

The All Ordinaries Index (ASX: XAO) is up a healthy 0.7% today, but ASX All Ords stock Melbana Energy Ltd (ASX: MAY) isn't joining in the rally. Shares in the oil and gas company closed yesterday trading for 6.6 cents. In morning trade o...

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 Sun Silver Ltd (ASX: SS1) share price is catching the eye of investors on Tuesday morning. At the time of writing, the ASX mining stock is up a sizeable 16% to 53 cents. Why is this ASX mining stock rocketing? Investors have been fighti...

ASX-listed exchange-traded funds (ETFs) can expose investors to sectors and companies that Aussies normally would need to look overseas for. The infrastructure sector is responsible for the backbone of the US economy. Plenty of business...

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...

ASX All Ords retail share KMD Brands Ltd (ASX: KMD) is down 2.6% today to 76 cents per share. But it's likely the Kathmandu owner's share price fall today simply relates to it going ex-dividend. The S&P/ASX All Ordinaries Index (ASX:...

New Hope Corporation Ltd (ASX: NHC) shares are 1.13% higher at $6.27 apiece in early trading on Tuesday. Since the ASX 200 coal miner delivered its full-year FY23 results last week, four directors have ploughed a collective $720,000 of the...

The New Hope Corporation Ltd (ASX: NHC) share price is under pressure again on Thursday. In morning trade, the coal miner's shares are down 3% to $5.97. This latest decline means that New Hope shares are now down 20% from their October hig...

S&P/ASX 200 Index (ASX: XJO) shares that have rock-solid balance sheets have a number of advantages compared to businesses that are laden with debt. Cash may be undervalued by some investors but it's essential when a business needs it....

The BrainChip Holdings Ltd (ASX: BRN) share price is plummeting on Wednesday. Unfortunately for longer-term shareholders, that's something they've heard all too often over the past 18 months. In afternoon trade, shares in the ASX artifici...

The S&P/ASX 200 Index (ASX: XJO) is having another disappointing session. In afternoon trade, the benchmark index is down 0.65% to 7,150.8 points. Four ASX shares that are falling more than most today are listed below. Here's why they...

It was a healthy start to the trading week for the All Ordinaries Index (ASX: XAO) and most ASX All Ords shares on Monday. At market close, the All Ords gained a rosy 0.44%. But earnings season is still going, and we have three All Ords sh...

ASX 200 closes 0.6% higher, Chinese markets surge  IT and Telco only sectors not in the green Small cap winners led by Melbana Energy     The Australian share market, for once, has refused to give back in the PM all the money it made in t...

ASX energy share Melbana Energy Ltd (ASX: MAY) is shooting the lights out today. Shares in the All Ordinaries Index (ASX: XAO) oil and gas stock closed last Wednesday at 6.2 cents apiece before entering a trading halt. At the time of writ...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is back on form and charging higher. At the time of writing, the benchmark index is up 0.55% to 7,154.5 points. Four ASX shares that are climbing more than most today are listed bel...

Melbana Energy (MAY) completes a final flow test of lighter oil to the surface at the Alameda-2 appraisal well in its Cuban gas project Peak flows to the surface result in 1903 barrels of oil (BOE) per day from unit 1B at an average and...

ASX 200 benchmark rises almost 0.6% Tech Sector recovers Wednesday’s losses, after Nasdaq positivity  Miners lead small cap gains, ERW, RDN, AZS winning at home in Andover South   The Australian share market was up and about early on Thur...

There aren’t too many businesses that will end up delivering huge capital returns over the long term. It’s impossible to say what future returns will be, we can only guess and forecast. I’m going to talk about three ASX growth stocks...

The Dorado and Pavo oil and gas fields in the Bedout sub-basin offshore Western Australia are some of Australia’s most significant discoveries in recent times, a point that has been proven by Carnarvon Energy (ASX:CVN) completing its partia...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record a very disappointing decline. At the time of writing, the benchmark index is down 1.4% to 7,203.8 points. Four ASX shares that are falling more than most tod...

 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...

The WAM Capital Ltd (ASX: WAM) share price is climbing by more than 3% this Tuesday after the listed investment company (LIC) reported its full-year earnings for the 2023 financial year.  At present, WAM Capital shares are up 3.43% at $1....

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record a decent gain. The benchmark index is currently up 0.55% to 7,316.7 points. Four ASX shares that have failed to follow the market higher today are listed belo...

The Melbana Energy Ltd (ASX: MAY) share price is having a day to forget on Tuesday. At the time of writing, the ASX All Ords share is down 33% to 7 cents. Why is this ASX All Ords share crashing? Investors have been selling down this energ...

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...

Melbana Energy (MAY) confirms the presence of moveable hydrocarbons at its Unit-3 target in Cuba The company is drilling ahead at Unit 2 While no oil was brought to the surface the company reported water flows indicate that the pres...

The Seek Ltd (ASX: SEK) share price has dived 7.4% in the early minutes of Thursday trade after the market digested its 2023 financial report. What did the company report? Revenue up 10% to $1.225 billion Earnings before interest, taxes,...

The Beach Energy Ltd (ASX: BPT) share price is sinking today, down 2.4%. Shares in the S&P/ASX 200 Index (ASX: XJO) energy stock closed yesterday trading for $1.67. At the time of writing, shares are swapping hands for $1.63 apiece....

One of the hottest stocks on the Australian share market this year has been Azure Minerals Ltd (ASX: AZS). Since the start of the year, the ASX lithium share has risen over 1,000%. To put that into context, this would have turned a $10,000...

On Monday, the S&P/ASX 200 Index (ASX: XJO) started the week with a small decline. The benchmark index fell 0.2% to 7,309.2 points. Will the market be able to bounce back from this on Tuesday? Here are five things to watch: ASX 200 ex...

Small-cap ASX shares have suffered much more than their large-cap sisters over the past 18 months. That’s because, in times of economic stress, the market tends to pull money out of smaller players and into its bigger rivals that have bett...

It was a shaky but overall positive day and end to the trading week for the S&P/ASX 200 Index (ASX: XJO) this Friday. After spending almost the entire afternoon in negative territory, investors decided to close out the w...

04 Aug 2023 - A snapshot of the stocks on the move, featuring Melbana Energy (ASX:MAY), Azure Minerals (ASX:AZS) and Empire Energy (ASX:EEG).

ASX tech share Dicker Data Ltd (ASX: DDR) is smashing the benchmark returns today. Shares in the wholesale computer hardware and software distributor closed yesterday trading for $8.02. In early trade shares were changing hands for $8.57 a...

The S&P/ASX 200 Index (ASX: XJO) is fighting hard to get into positive territory on Friday but has just fallen short. In afternoon trade, the benchmark index is down slightly to 7,307.6 points. Four ASX shares that are not letting tha...

The Reserve Bank has lowered its economic growth predictions and expects inflation to slow down faster than previously estimated. According to its quarterly economic update, it anticipates the gross domestic product (GDP) to expand by 0.9%...

  Melbana Energy (ASX:MAY) announced that the planned Total Depth of the Alameda-2 well has been reached ahead of schedule. Executive Chairman, Andrew Purcell, commented: “Excellent quality logs have been obtained over the entire Amistad in...

The 2024 financial year was off to a flyer for ASX investors, as the S&P/ASX 200 Index (ASX: XJO) rose 2.9% over July. The team at LSN Capital noticed that last month the global market gains started to differ from what happened from Ja...

Netwealth Group Ltd (ASX: NWL) shares fell by 8.7% in earlier trading to an intraday low of $13.20. The ASX financial share has recovered some ground to $13.57 per share at the time of writing, down 6.16%. The Netwealth share price storme...