Articles On Norwest Energy (ASX:NWE)

Lithium stocks back to Earth as analysts question magnitude of China supply cuts MinRes puts resource behind Lockyer gas discovery, and could initiate a partial sale to fund development Gold stocks topsy-turvy ahead of expected US Fed rate...

There are a number of compelling businesses within the ASX lithium share sector that could be good investments. Each lithium miner has its positives and negatives, and they're at various stages of progress. Some are only just developing th...

Mineral Resources (ASX:MIN) witnessed a 7% upsurge in the value of its shares yesterday, attributed to a substantial dividend increase that counterbalanced a write-down in the valuation of select iron ore assets. The company reported a writ...

The ASX200 closed the day nearly three-quarters of a per cent up. Most sectors were in the green, while healthcare, industrials and IT have fallen behind. Materials were up more than 1.6 per cent. RIO and FMG both gained more than a per...

The Mineral Resources Ltd (ASX: MIN) share price is up 4.6%. Shares in the S&P/ASX 200 Index (ASX: XJO) diversified resources producer closed yesterday trading for $64.35. In morning trade on Tuesday, shares are swapping hands for $6...

Strike’s takeover bid for Talon could spark more deals High demand for gas in WA makes high quality Perth Basin gas assets more attractive Perth Basin highly attractive place to deploy capital for oil and gas exploration The Perth Basin h...

After being engaged in takeover talks since December 2022, Mineral Resources has finalised its acquisition of Norwest Energy. In December 2022, Mineral Resources (MinRes) made an unsolicited takeover offer of $403 million. While this offer...

Companies with exposure to Artificial Intelligence (AI), quantum technology, green energy, childcare and aged care are set to be bolstered by the delivery of Australia’s Federal Budget last evening. But companies focussed on offshore gas...

With 94 per cent of the target, Chris Ellison’s group is set to compulsorily acquire the rest.

The Mineral Resources Ltd (ASX: MIN) share price is in the red after the iron ore and lithium producer released a seemingly positive quarterly activities report. Stock in the S&P/ASX 200 Index (ASX: XJO) mining giant is down 9.17% at $...

The target’s chairman says Mineral Resources’ $430m bid is ‘now even more compelling’ after disappointing drilling results last week.

The S&P/ASX 200 Index (ASX: XJO) is out of form on Tuesday and on course to record a disappointing decline. In afternoon trade, the benchmark index is down 0.5% to 7,345.8 points. Four ASX shares that are not letting that hold them bac...

Mineral Resources (MinRes) has acquired all the issued fully paid ordinary shares of Norwest Energy that it did not previously own, acquiring an interest in over 80 per cent of Norwest shares. MinRes and Norwest have been engaged in takeov...

Mineral Resources (MinRes) and Norwest Energy have provided an update on the drilling operations of the Lockyer-2 conventional gas appraisal well. Lockyer-2 is a downdip, step-out appraisal well located approximately 3.2km to the north-eas...

Mineral Resources energy boss Shelley Robertson has left the Chris Ellison-led mining company in the midst of completing a takeover of Norwest Energy as it looks to expand its assets. 

Fund manager Wilson Asset Management (WAM) has identified two top small-cap ASX shares in one of the portfolios it manages that could be investment ideas. WAM operates several listed investment companies (LICs). Some, such as WAM Leade...

The Block Inc (ASX: SQ2) share price is up almost 5% in early trading. The leading buy now, pay later (BNPL) stock closed yesterday trading for $104.32 per share. Shares are currently changing hands for $109.40 apiece, up 4.9%. Here’s wh...

Ask A Fund Manager The Motley Fool chats with the best in the industry so that you can get an insight into how the professionals think. In this edition, Discovery Fund portfolio manager Chris Bainbridge and Mark Devcich tell us how the pla...

Norwest Energy (NWE) advises a seismic acquisition program has wrapped up ahead of the spudding of the Lockyer-2 well in the Perth Basin, Western Australia Energy Resources, the joint venture operator that completed the 385-square-kilome...

The Mineral Resources Ltd (ASX: MIN) share price is down 1.86% in early morning trading. Shares in the S&P/ASX 200 Index (ASX: XJO) resources producer closed yesterday at $89.11 each. They are currently changing hands for $87.45 apiec...

The S&P/ASX 200 Index (ASX: XJO) ended the week on a high, gaining 0.39% to close at 7,283.6 points. That sees it having recovered all but 0.29% of Monday’s losses. Helping it along on Friday was the S&P/ASX 200 Communications In...

The share market’s losing run stretched to a fourth week despite a partial recovery this session as the major banks rebounded and the miners added to gains. The S&P/ASX 200 climbed 28 points or 0.39 per cent this afternoon to 7283.6....

It’s been a very positive day indeed for ASX shares and the S&P/ASX 200 Index (ASX: XJO) this Friday. As we barrel towards the weekend, the ASX 200 has put on a healthy 0.42% at the time of writing, placing the index at just under 7,29...

The S&P/ASX 200 Index (ASX: XJO) looks like it’s on track to end the week on a high note. After what has been a rather shaky week of trading, the ASX 200 has powered ahead today, recording a healthy gain of 0.49% at the time of writing...

The share market rose as the heavily-weighted financial sector bounced off an eight-week low and China-reopening optimism lifted miners for a fourth session.   The S&P/ASX 200 rallied 26 points or 0.35 per cent by the halfway mark....

The extension gives Norwest shareholders more time to consider Mineral Resources’ (MinRes) $497 million offer, after saying “those who don’t accept will be left behind”. After MinRes’ initial $403 million offer was knocked back, the Norwes...

The ASX 50 rises 0.11% but ASX 200 is flat ABS say buildings approval in January hit a ten-year low Building approval data is used to monitor economic activity and investment    Aussie shares finished flat on today despite opening higher...

ShareCafeCould the Year Ahead Defy the Fed? Regular readers of our notes will know we’ve been bearish equity markets since early 2022. However, a number of catalysts have emerged which could potentially turn market sentiment to bullish. In...

Mineral Resources (MinRes) last week finally secured control of oil and gas exploration company Norwest Energy. But how did it all start? Major mining companies have been battling for control of WA gas assets since the beginning of the yea...

Mineral Resources (MIN) gains control of Norwest Energy (NWE) as NWE shareholders flock to accept an all-scrip takeover deal The mining giant’s voting power in NWE increased to 53.86 per cent yesterday, giving it majority control over Pe...

The mining and services group aims to tap gas in the onshore Perth Basin to power its mining operations.

Mineral Resources (MinRes) has announced that it has secured control of Norwest Energy. MinRes’ voting power in Norwest increased to 53.86 per cent on February 16, giving the mining services company control of Norwest. The closing date for...

Acceptances from Gina Rinehart are said to have increased MinRes’ holding in Norwest to about 45 per cent, five days out from the due expiry of the $464 million share offer.

Strike Energy [ASX:STX] sought to address shareholders across a number of fronts that occurred in Q4 22 and off a bleak outlook on general gas in WA, saw its share price sinking near 3%. Year to date, the company has spent more than $4 mill...

When Norwest directors recommended shareholders accept Mineral Resources’ (MinRes) increased takeover offer earlier this week, it solidified the latest chapter in an increasingly competitive battle for gas assets in the Perth Basin. Norwes...

11 producer quarterlies ranked from goodest to ‘don’t look down’ Eight gold miners and others on the bill with MinRes, Newcrest, St Barbara, West African among those reporting December performance It’s quarterly season, in case you haven’...

The share price of multifaceted materials giant Mineral Resources Ltd (ASX: MIN) is in the red this morning following the release of its latest quarterly report. Additionally, the company’s takeover target, Norwest Energy NL (ASX: NWE)...

Directors of the Perth gas play say a revised share bid from MinRes is ‘now a good deal’.

Strike Energy (STX) enters rig sharing agreement with Mineral Resources (MIN) and JV partner for use of the Ensign 970 rig for its 2023-2024 drilling campaign Since August 2020, Strike has successfully drilled six wells using the Ensign...

Norwest Energy’s (NWE) joint venture partner, Energy Resources, secures a rig for the Lockyer-2 and North Erregulla Deep-1 wells in the Perth Basin, WA The Ensign rig is scheduled to spud Lockyer-2 by the end of March, with well pads at...

Mineral Resources (MIN) launches its plea to Norwest Energy (NWE) shareholders to accept its revised $431 million off-market takeover bid MinRes intends to offer six cents per share for full control of Norwest, representing a 43 per cen...

If a particular ASX share falls horribly but a professional investor is sticking with it, then it might be worth taking note. That’s because the stock is now selling for cheap, allowing for a lower entry point, yet there is sufficient pote...

The Mineral Resources chief says Norwest directors can’t say his takeover offer is too low without providing their own valuation.

Coming to the close of the 2022 calendar year, Warrego Energy [ASX:WGO] was the subject of some impassioned interest from prospective energy company competitors. Warrego, caught at the centre of a bidding triangle had first knocked down Str...

Norwest Energy has urged shareholders to refuse Mineral Resources’ (MinRes) unsolicited $403 million takeover offer, calling it “opportunistically timed”. MinRes already owns a 19.9 per cent stake in Norwest and made an off-market bid to a...

On Tuesday, the S&P/ASX 200 Index (ASX: XJO) ended its winning streak with a small decline. The benchmark fell 0.3% to 7,131 points. Will the market be able to bounce back from this on Wednesday? Here are five things to watch: ASX 20...

The prospect of a greater reward has led Warrego Energy (ASX:WGO) co-founder Duncan MacNiven to accept Hancock Energy’s revised offer for the shares he owns in the company. While MacNiven has accepted the initial 28c per share cash offer fo...

ShareCafeIGO Hunting that Essential Acquisition Australian miner IGO Ltd and its Chinese partner Tanqui have made a well-timed bid for the smaller lithium aspirant Essential Metals at a likely cost of around $A136 million. The bid’s logic i...

This content is created by Smallcaps Authors. [Author : Louis Allen] Agriculture giant GrainCorp (ASX: GNC) has confirmed export delays caused by rail and road bottlenecks as countries including China try to secure food supply from one of...

There’s electricity in the air this morning as a handful of ASX lithium shares bask in the excitement of recent acquisition developments. At the time of writing, the broad S&P/ASX 200 Index (ASX: XJO) is enjoying a green start to the...